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Vacant 3 Storey Commercial Premises, 38 Yorkshire Street, Rochdale, OL16 1JN

3,886 Sq Ft / Retail / Class E - incl Office Leisure Healthcare

For Sale - £250,000.00

Under Offer - Last updated: 25 April 2024

The property, which was until recently occupied by JD Sports, is a three storey mid terrace premises of brick construction beneath a pitched slate roof that fronts onto Yorkshire Street. To the rear is a two-storey extension of brick construction beneath a flat felt roof, serving the ground floor flat and first floor ancillary space.

The property consists of a largely open plan retail unit to the ground floor, with kitchen and w/c to the rear and a staircase leading to the upper floors. The first floor consists of server room and w/c plus 3 storage rooms, with the largest of the three at the front providing access via loft hatch and wall ladder to the second floor. The second floor provides further useable ancillary storage space plus kitchen.

The whole property is to be offered with vacant possession and offers scope to rent out as a single retail premises which is suitable for several uses under use Class E (Commercial, Business & Service) of the Town & Country Planning Order 2020, and with an ERV of £45,000. Alternatively, there is significant scope to add value by converting the upper floors to provide residential accommodation, with a metal staircase providing separate access to the upper floors via a shared ginnel entrance off Yorkshire Street.

Location

Occupying a prominent position in the centre of Yorkshire Street in Rochdale Town Centre and directly opposite the pedestrian entrance to Rochdale Exchange Shopping Centre, which is Rochdale’s principle covered shopping centre and car park facility.

Nearby operators include B&M Bargains, Warren James Jewellers, and Greggs.

Accommodation

As measured on a net internal area basis (NIA) in accordance with the RICS Property Measurement 1st Edition: -

Ground Floor - 143 sq m (1,539 sq ft)

First Floor - 130 sq m (1,400 sq ft)

Second Floor - 88 sq m (947 sq ft)

Total - 361 sq m (3,886 sq ft)

Plus W/C facilities to ground and first floor.

Terms

SALE PRICE - Offers over £250,000 are invited.

TENURE - Freehold.

RATES - The shop has a current rateable value (2017 listing) of £42,500.

EPC - D (77)

LEGAL COSTS - Each party will be responsible for their own legal costs in connection with this transaction.

VAT - We understand that VAT is applicable to this sale. 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers over For Sale Freehold £250,000.00 NA

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Steven Gifford-Dixon

Gifford Dixon Commercial Property

0161 635 0190

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