3 THE ROCK

Size: 2310 Sq Ft

Status: Available

PROPERTY DESCRIPTION

The property comprises of a mid terraced brick built former Marsden Building Society. Offices are located on the first and second floor, and are accessed by a ramped entrance. The office accommodation has recently been renovated to a tasteful standard, and benefits from four large separate offices, together with storage room. The offices also have the benefit of W.C. and separate modern kitchen. The ground floor is largely open plan with a staff / office area to the rear, together with a kitchenette area. The property benefits from one car parking space to the rear, the property is accessed by a ramped lift and has a double fronted access.

The premises fronts on to The Rock, close to the Parish Church and opposite the retail parade of shops, nearby occupiers include, Tim Hortons Coffee, Natwest Bank, McDonald's and a number of professional users.

Retail Accommodation Sq. ft Sq. m Retail 974 90.5 Staff Area 132 12.3 Total Area 1,107 102.80 Office Accommodation Sq. ft. Sq. m. Office 1 437.98 40.69 Office 2 213.23 19.81 Office 3 255.64 23.75 Office 4 196.44 18.25 Storeroom 100.21 9.31 Total Area 1,203.51 111.81

PRICE £320,000 At the current passing rent of £28,000 per annum, this represents a (net initial yield) of 8.45%.

We understand all main services are installed, the property benefits from, electric, gas, and water. Services to each demise have been separated.

An Energy Performance Certificate has been prepared, and can be made available on request.

The offices have a current rateable value of £11,500 per annum. The retail premises have a current rateable value of £14,500 per annum.

Rents and prices where quoted, are exclusive of, but may be liable to VAT at the prevailing rate, this will be dealt with a Transfer of Going Concern.

Strictly by appointment with the sole agents. Nolan Redshaw Contact: Jonathan Pickles Tel: 0161 763 0825 Email: jonathan@nolanredshaw.co.uk

• Rare investment opportunity
• Town centre location
• Benefiting from two income producing tenants
• We believe the tenure of the premises is freehold and free of chief ground rent. tenancy the ground floor is let to the cash traders who are currently paying £16,000 per ann
• Each party is responsible for their own legal fees incurred in the transaction.

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