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Barclays, Hyde


38 Market Street, Hyde, Greater Manchester, SK14 1AN

Basic Facts

Brochure Link: Download Brochure Status: Type: Tenure: Freehold
Area: 4483 sq ft Gross Rent: £ 30,000 Lease Term: 20 yrs from Nov '07
Years left on Lease: 3.1 VAT applicable: No

Property Description

This property is for sale in auction on 16th June. View the catalogue entry here.

  • Freehold blue-chip, Bank investment.
  • Large corner property, which is arranged over 4 floors (basement, ground, first and second floor) over total area of 4,483 sq ft.
  • The Property benefits from a passenger lift and a goods lift servicing all floors.

Location Description

  • Hyde forms part of Greater Manchester and is located some 6 miles east of the city centre, and 5 miles north west of Stockport.
  • The town benefits from good road communications via the M67 motorway (junction 3), which is within 150 metres of the property.
  • Hyde Central Rail Station is approx 350 metres west of the property and provides a regular service to Manchester Piccadilly.
  • The property is situated in a mixed use area within the town centre, on the west side of Market Street, at it’s junction with Milk Street.
  • Occupiers close by include an Asda Superstore, Topps Tiles, Dominos, Donneybrook Medical Centre, Well Pharmacy and Lloyds Pharmacy amongst others.

Additional Notes

  • Barclays have offered a surrender premium of £90,000 to vacate and strip out the property
  • The property may lend itself to alternative uses and/or redevelopment, subject to obtaining all the necessary consents. All enquiries should be made with the local authority. Website: www.tameside.gov.uk

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