Property Details

 
£249,995
Shaw Street Oldham OL1 3RR
    • Commanding Main Road Trading Position
    • Established Business
    • 3 Bedroom Flat
    • Located in a Densely Populated Area
    • Separate Attached Takeaway Premises With A5
     
    The premises provides excellent retail facilities which is made up of a separate grocery/newsagent with warehouse and storage as well as a fully fitted takeaway with its own frontage to the side. The property further benefits from a 3 bedroom flat to the first floor.

    This commanding building is situated in a densely populated residential area with two schools at its doorstep (The Blue Coat School and The Holy Cross Primary School). Undoubtedly this provides local footfall throughout the day for owner occupiers who are looking to operate their business without the need for extensive marketing.
    Rarely do you come across a property which has so much potential- early viewing is highly recommended.

    Rental Valuation (Potential)

    Chip Shop: £7800-£9100 per annum (£150-£175 per week)
    Newsagent Shop: (Currently taking £4000-£5000 per week- accounts not seen)
    Rent: £7800 per annum (£150.00 per week)
    Accomodation: £475 per calendar month with a separate entrance.

    NIA commercial area: 1572.11 sq ft (142.93 sq m)
    EPC rating commercial: to follow

    (All measurements have been taken compliant to the RICS code of measuring practice. These measurements have been taken in metric and converted to the nearest imperial equivalent)

    Ground Floor Shop:

    Retail Area 1: 483.40 sq ft (44.91 sq m)
    Storage 1: 691.15 sq ft (64.21 sq m)
    Warehouse 1: 392.34 sq ft (36.45 sq m)
    Ground Floor Takeaway:
    Retail Area 2: 354.34 sq ft (32.92 sq m)
    Basement utility with separate WC facilities: 174.69 sq ft (16.23 sq m)


    First Floor Residential Accommodation:

    Staircase from shop area to landing and hallway with doors to 3 bedrooms, kitchen, living room and a bathroom.
    Living Room: 4.37m x 3.96m.
    Kitchen/Dining Area: 3.51m x 4.24m
    Master Bedroom: 3.67m x 2.58m
    Bedroom 2: 3.96m x 1.89m
    Bedroom 3: 3.14m x 2.84m
    Bathroom: 2.85m x 2.66m

    Tenure:
    Leashold (Solicitor to confirm)

    Price
    £249,995 inc

    OUTGOINGS
    Further enquiries should be made with the business rates team to confirm the rateable value and actual rates payable (small business rates relief apply for properties with a rateable value less than £15,000).

    You won’t pay business rates on a property with a rateable value of £12,000 or less.

    For properties with a rateable value of £12,001 to £15,000, the rate of relief will go down gradually from 100% to 0%.

    Rateable value Shop Premises: £6000
    Rateable value Takeaway Premises: £2475
    Council tax band accomodation: A


    Terms: N/A

    VAT:

    The prices quoted are exclusive of VAT (NOT APPLICABLE IN THIS CASE).


    Legal Fees:
    Each Party is to be responsible for their own legal costs

    Viewing Arrangements:
    Viewing by arrangement with the sole agents: - Maya Property Services

    PARKING NOTES
    On street parking is available to the front and side of the premises.

    SERVICES
    We have been advised that all mains services are connected.

    ADDITIONAL INFORMATION
    We endeavour to make our sales and lettings particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.

    Map


    Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.
     
     
     

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