Hyde Estates are pleased to offer this established industrial estate made up of 10 commercial units of varying sizes. There is an annual income of £56,850 with the potential of further income as 1 unit is currently unoccupied. The estate is 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 site is located on Mount Pleasant Street, just off Lees Road and 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.
We understand the units have the following approximate floor areas
Unit 1 - 3409sq ft
Unit 2 - 1428sq ft
Unit 3 - 1025sq ft
Unit 4 - 1182sq ft
Unit 5 - 600sq ft
Unit 6&7 - 3590sq ft
Unit 8 - 1900sq ft
Unit 9 - 1685sq ft
Unit 10 - 3750sq ft
Total approx internal floor area 18,569sq ft
All units are let on effectively full repairing and insuring terms as follows
Unit Lease Rent per annum
Unit 1 car breakers 01/03/2018 – 28/02/2018 £7400
Unit 2 car valeting 01/08/2018 – 31/07/2020 £6000
Unit 3 sale of car tyres 19/11/2013 – 18/11/2017 £5350
Unit 4 vehicle storage 26/10/2017 – 25/10/2020 £4850
Unit 5 vacant - - -
Unit 6&7 scrap metal recycling 01/01/2019 – 01/01/2020 £8300
Unit 8 window fabrication 05/01/2018 – 04/01/2023 £6750
Unit 9 sale of used car parts 14/01/2017 – 13/01/2020 £6200
Unit 10 joinery and manufacture 08/12/2016 – 07/12/2019 £12000
All parties should make their own enquiries as to the business rates.
Each party to bear their own legal costs.
Strictly by appointment with the sole agents Hyde Estate & Letting Agents 0161-773 4583
No V.A.T is chargable on the purchase price. Rents payable are not liable for V.A.T.
We have been advised the property is freehold
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