Commercial property for sale in 14-18 Market Street, Denton, Manchester M34

Location

The property represents part of the main core of Denton town centre, overlooking the civic square.

Description

Tenanted investment property - price reduced

for sale - offers considered

Investment property in Denton town centre with on-site parking and frontage to the main town square.

The property comprises of three ground floor shop units, one occupied as a bar, plus significant rear storage unit with ground floor access from the car park. There is a gymnasium at first floor level over the retail units with access direct from the front elevation of the property.

The front elevation abuts the pedestrianised civic square of Denton under a canopy which extends over the first 3 metres of the town square. At the rear of the property there is common parking, loading/access area which is shared with the occupants of 6-12 Market Street in addition to the subject property.

For all tenancy and income information please contact the agents.

Accommodation

14 Market St:
Retail 39.74 m (427.85 ft)
Ancillary 4.81 m (51.87 ft)

16 Market St:
Retail bar area 61.60 m (663.71 ft)
Ancillary 7.38 m (79.43 ft)

18 Market St:
Retail 75.14 m (808.89 ft).
Ancillary 13.87 m (149.35 ft)

Rear of 14 Market St:
Storage unit 160.96 m (1732.62 ft)

First floor gymnasium:
231.65 m (2493.56 ft)

External

The front elevation abuts the pedestrianised civic square of Denton under a canopy which extends over the first 3 metres of the town square. At the rear of the property there is a common parking, loading and access area which is shared with the occupants of 6-12 Market Street. Each of the occupiers of the subject property have informal rights to park a vehicle in the car park. The cost of maintaining the car park is shared between the subject property and the adjoining owners.

Services

The property is connected to the mains drainage, water and electricity. The electricity is sub-metered between the tenants and monitored through a single landlord's supply. No tests have been made of any services.

Planning

We consider all of the current uses fall within Class E of the Use Classes Order with the exception of 16 which we understand has planning consent for use as a bar.

Price

Price reduced to offers over £495,000 plus VAT if applicable for our client's freehold interest in the block.

Rental

A full schedule of actual and proposed new rentals is available from the agent as negotiations are currently underway for the renewal of some of the leases.

Energy Performance Certificate

All parts of the property have current EPC's ranging from grades D to C. Copies of all EPC's are available from the agent or can be viewed online under postcode M34 2XW.