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Townfield industrial estate, Mount Pleasant Street, Oldham, OL4 1HH

£600,000


Full Details

Hyde Estates are please to present Townfield industrial estate, comprising of 10 commercial units of varying sizes. The annual income is £50,840 with 1 vacant unit. An ideal investment opportunity located approximately 1 mile to the east of Oldham Town Centre with easy access to the M60. The site provides secure parking to some units with the usual facilities readily available. The total approximate internal floor area is 18,569sq ft.

Location
Situated on Mount Pleasant Street off Lees Road, approximately 1 mile to the East of Oldham Town Centre with easy access to the Manchester Outer Ring Road M60. The area is of a mixed nature containing industrial, commercial, and retail property.

Lease schedule
All units are let on full repairing and insuring terms.
Unit 1 - 3409sq ft - lease 01/03/2018 – 28/02/2023 - annual rent £7,400
Unit 2 - 1428sq ft - lease 01/08/2018 – 31/07/2020 - annual rent £6,000
Unit 3 - 1025sq ft - lease 19/12/2018 – 30/11/2020 - annual rent £5,640
Unit 4 - 1182sq ft - lease 17/08/2020 – 16/08/2023 - annual rent £4,800
Unit 5 - 600sq ft - lease 03/07/2020 – 02/07/2021 - annual rent £4,750
Unit 6/7 - 3590sq ft - lease 01/01/2020 – 31/12/2021 - annual rent £8,300
Unit 8 - 1900sq ft - 05/01/2018 – 04/01/2023 - annual rent £6,750
Unit 9 - 1685sq ft - 14/01/2020 – 13/01/2025 -annual rent £7,200
Unit 10 - 3750sq ft - vacant

Business rates
All parties should make their own enquiries as to the business rates

Legal costs
Each party to bear their own legal costs

Viewings
Strictly by appointment with sole agent Hyde Estate & Letting Agents 0161-773 4583

No V.A.T is chargeable on the purchase price. Rents payable are not liable for V.A.T.

Tenure
We have been advised the property is freehold

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