Property Details

 
£275,000
Sylvan Street, Oldham, OL9 6LX
     
    This premises occupies a commanding corner main road trading position in a densely populated area of Chadderton, Oldham. The premises has significant shop frontage which is clearly visible from either side of the building and is highly visible to passing traffic providing immediate exposure for marketing purposes.

    To the first floor and second floor the property provides a separate 3 bedroom residential flat with its own access, which is currently tenanted providing a rental return of £600.00 per calendar month.

    Currently the ground floor has been let as a grocery store, providing a rental return of £14,400 per annum.

    Total Return: £21,600

    The unit has planning consent for A1 uses.

    Approximate NIA commercial (total): 119.45 sq m (1285.74 sq ft)
    ND 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)


    Price: £275,000

    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%.

    Current rateable value £9500

    Tenure:

    We have been advised the property is Leasehold (Solicitor to confirm)

    VAT:

    The prices and/or rentals quoted are exclusive of VAT (if applicable)-NO VAT APPLIES IN THIS CASE.

    Legal Fees:

    Prospective buyer 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 available.

    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. Fixtures and fittings other than those mentioned are to be agreed with the seller.

    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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