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1a-3 Market Pl 12,669 SF 100% Leased Office Building Hyde SK14 2LX $659,534 ($52.06/SF)

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INVESTMENT HIGHLIGHTS

LET TO BOOTS
Town Centre Location

Great Investment Opportunity

EXECUTIVE SUMMARY

C & R Hulme are delighted to offer for sale this great investment opportunity in Hyde Town Centre. The property to be sold is part of a 4-storey detached building and on sale is the ground and 1st floors which is let Boots the pharmacy. Measuring a GIA of of approx. 181 Sqmtrs (1950sqft) the building is situated in a prominent position within Hyde Town centre next to Clarendon Square Shopping centre, Hyde bus station and within close proximity to major banks & retailers such as Natwest Bank, Paddy Power & Farm foods to name a few. The current lease is a term for 5 years granted 01.03.2025 at a rental of £38,000.00 per annum. Great Investment opportunity.

Property additional info

Ground floor retail: 19.58m x 13.10m (64' 3" x 43' )
Large window area. Access door to 1st floor. Large open retail area. Office at rear and access to Strore Room and loading area

Strore Room and loading Area:
Maximimum points. Loading area and Fire exit

1st floor: 24.75m x 13.10m (81' 2" x 43' )
Open plan stock room area, 2 x offices, male & female Toilets & staff room

Tenure:
leasedhold: 999 years from 1970 Ground rent: 500.00 payable per annum Boots lease details. 5 Year FRI @ 38,000.00 per annum

PROPERTY FACTS

Sale Type

Investment

Property Type

Office

Tenure

Freehold

Building Size

12,669 SF

Building Class

Year Built

1978

Price

$659,534

Price Per SF

$52.06

Percent Leased

100%

Tenancy

Multiple

Building Height

4 Stories

Typical Floor Size

3,167 SF

Air Conditioning

MAJOR TENANTS

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3,000 SF
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Boots is the UK’s leading health and beauty retailer. For over 170 years, they’ve listened, learned and innovated, and continue to challenge ourselves to improve their products and services every day. Over recent years, Boots has evolved at pace to transform into an integrated pharmacy, healthcare and retail business, serving millions of customers and patients every day. With loads of stores ranging from local community pharmacies to large destination health and beauty stores, their purpose is to support their customers and patients through every stage of their lives. They put their customers in control of their health and wellbeing and aim to unlock the beauty in everyone with our unrivalled depth and breadth of product offering.