Investment / Retail
1-6 Valley Parade
1-6 Valley Parade, Hattersley, Hyde, Greater Manchester, SK14
For sale
£925,000
PriceSize
5,206 Sq Ft
Key features
- A prominent multi-let retail parade investment opportunity, with C-Store anchor tenant One Stop Stores Ltd
- Situated in the heart of a densely populated residential neighbourhood in Greater Manchester
- Comprising a modern parade of six retail units, extending to 5,206 sq. ft. (484.65 sq. m.)
- Diversified income being Let to four separate occupiers including One Stop Stores Ltd, a wholly owned subsidiary of Tesco PLC
- A prominent multi-let retail parade investment opportunity, with C-Store anchor tenant One Stop Stores Ltd Situated in the heart of a densely populated residential neighbourhood in Greater Manchester Comprising a modern parade of six retail units, extending to 5,206 sq. ft. (484.65 sq. m.) Diversified income being Let to four separate occupiers including One Stop Stores Ltd, a wholly owned subsidiary of Tesco PLC WAULT of 7.5 years to expiry Total passing rent of £74,250 per annum Estimated Rental Value in region of £82,105 per annum, expected within 24 months.
Overview
Description:
The property comprises a purpose-built retail parade which was developed circa 2011. The building is of steel frame construction clad in full height brick and incorporating single glazed aluminium framed retail facades to the Western elevation which are protected externally by steel roller shutter doors and also incorporate Tenant branding.
The property is contained beneath a mono pitched roof which is clad in profile metal panels. The property provides a total of six retail units, with Units 1-3 being amalgamated to provide one contiguous unit, with the remaining three units being single units.
Location
The property is situated fronting Hattersley Road West, approximately 4 miles to the west of Hyde town centre.
Hyde is situated 5 miles North East of Stockport and 7 miles east of Manchester City Centre.
The area benefits from convenient transportation links being situated on a number of arterial routes which provides access throughout the Greater Manchester area.
Junction 4 of the M67 Motorway is situated only 3 minutes’ drive away.
Hattersley Railway Station with direct routes in and out of Manchester Piccadilly is located only 0.4
miles from the property.