Barclays, Hyde
38 Market Street, Hyde, Greater Manchester, SK14 1ANBasic Facts
Property ID: 12325 | Brochure Link: Download Brochure |
Post Updated: 2020-06-17 16:45:04 | Status: Sold |
Type: Bank | Tenure: Freehold |
Area: 4483 sq ft | Gross Rent: £ 30,000 |
Lease Term: 20 yrs from Nov '07 | Lease Term Expiry Date: 27/07/23 |
Years left on Lease: -0.8 | 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