Commercial Building To Let
Russell Street, Hyde, SK14

There are specific issues in transfer/assignation of the current leasehold that parties will be made aware of.

Details

The subject property is a detached stand alone warehouse/industrial unit located in Hyde. The premises are suitable for retail/warehouse with forecourt parking and office space and the unit is prominently located with passing traffic from the A627.
The unit is single storey and 241 sq m (2595 sq ft)

The freeholder has the right to refuse assignation of the lease after background checks on any potential purchasers, therefore legal fees will be incurred prior to purchase in the event of an unsuccessful tender.

Notes

Rateable Value: £11,000 This is not the amount you will pay. The rateable value is used to calculate your rates bill.
EPC rating D (99)

Tenure

Leasehold- Ground rent £8,000 per annum, lease remaining circa 70 years, please note that to renew/extend the current lease with Tameside Council to 125 years we are advised it will cost in the region of £8,000,

Possession

Vacant on completion, property bought as is.

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Important Notice

Before buying at Auction, it is essential that you read our Notices to Prospective Buyers and the Common Auction Conditions
These can be found on our website www.edwardmellor.co.uk/auctions/buying-at-auction. You must not bid unless you have made yourself fully aware of the auction process. If you require help with this, please contact a member of the auction team

You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.