(GROSS YIELD 10.1%)
6 Week completion
Occupying a prime trading positon on the pedestrianised section of Yorkshire Street linking both the Rochdale Exchange Shopping Centre and the Wheatsheaf Shopping Centre. The property is just a few doors away from Marks & Spencer and amongst such multiples as Lloyds Bank, Santander, Poundworld, JD Sports and CEX.
Rochdale is a busy market town located 10 miles north-east of Manchester and 28 miles south-west of Leeds and enjoys good road communications via the M62 (Junction 20).
A mid terrace building comprising a Ground Floor Shop with internal access to Ancillary/Store on the first floor.
Ground Floor Shop
Gross Frontage 17'6”
Internal Width 15'0” (max)
Shop Depth 63'4”
First Floor Ancillary/Store Area Approx.220 sq ft plus 2 WCs
VAT is applicable to this Lot
The entire property is let on a full repairing and insuring lease to TUI UK Retail Ltd t/a Thomson Travel (having 650 branches) for a term of 5 years from 24th June 2016 (renewal of a previous lease) at a current rent of £23,750 per annum exclusive.