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Freehold Shop Investment
Hyde, SK14 - Get Access
Description
Freehold shop investment situated close to the junction with Bagshaw Street within an established mixed commercial and residential area. Hyde lies approximately 9 miles east of Manchester city centre with easy access to the M67 at Junction 3. The property comprises a single-storey building arranged as a ground floor shop with a WC, extending to approximately 404 sq ft. The entire property is let on a full repairing and insuring lease to P. Playfoot trading as Opulence Hair & Beauty by Paula for a term of 6 years from 18th January 2023 at a current rent of £7,200 per annum exclusive. Note: The rent was previously £7,020 per annum and was increased to £7,200 per annum at the January 2026 rent review. Freehold. Gross yield 12%.
Comparable sales
20a, Bennett Street, SK14 4TQ
0.0 mi
£150,000
21, Bagshaw Street, SK14 4TN
0.0 mi
£205,000
159, Ashton Road, SK14 4BH
0.0 mi
£156,000
Estimated market value
£
Range:
£
—
£
Medium confidence
Floor Area: 1,063 sq ft (EPC)
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