TO BE SOLD BY ONLINE AUCTION ON 1ST - 2ND JULY UNLESS SOLD PRIOR UNDER AUCTION TERMS.
167-169 Market Street, Hyde, SK14 1HG
A substantial mixed-use investment opportunity occupying a prominent position within Hyde town centre, comprising two ground floor commercial units together with two self-contained residential flats above.
The property currently produces an income from one residential flat, let at £600 pcm, together with one commercial unit at £700pcm and the other occupied on a rolling arrangement for storage purposes at £350 pcm. The remaining flat provides excellent potential for additional rental income, offering buyers the opportunity to further enhance the overall return.
The commercial unit currently used for storage also presents scope for a significantly improved rental figure if secured on a longer-term commercial lease, making this an attractive asset management opportunity for investors seeking to increase income and add value.
Positioned on Market Street within the centre of Hyde, the property benefits from strong footfall, excellent visibility, and close proximity to a range of national and independent retailers, transport links, and local amenities. Hyde bus station and train station are both within easy reach, together with convenient access to the M67 and wider motorway network.
With part income already in place and clear scope to increase rental returns, this represents an excellent opportunity for investors, landlords, and developers alike.
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65-81 St Petersgate
Stockport
Cheshire
SK1 1DS