Property Detail

LOCATION

The property occupies a prominent position on New Beech Street at its junction with Hamnett Street immediately opposite the main bus station in Hyde and only a short walking distance from the pedestrianised retail area.  

DESCRIPTION

The property comprises a part single storey and part two storey bingo hall being built in brick with a predominantly rendered finish under a slated pitched roof.  There is a small yard and loading area to the rear. 

ACCOMMODATION

The accommodation currently comprises a bingo hall and has a gross internal area at ground floor level of 4,032 sq ft (375 sq metres) and a gross internal area at first floor level of 2,233 sq ft (208 sq metres).

TERMS

The property is held on a 10 year lease from the 13^th November 2005 on full repairing and insuring terms however the repairing obligation is subject to a Schedule of Condition placing a liability on the tenant to simply keep the property in the same condition as at the commencement of the term.  The annual rent is £45,000 per annum and this is subject to review at the end of the fifth year.  The existing tenant is seeking to assign the balance of the lease.

Premium offers are invited for the benefit of the leasehold interest. 

PLANNING/LICENCE

Planning permission was granted on the 19^th June 2008 from change of use from bingo hall to retail with new shop frontage.  The application reference is 08/00359/FUL.  Copies of the planning approval together with the planning application plans are available from the Chartered Surveyors.

The premises have the benefit of a bingo gaming licence and also a liquor licence and therefore would lend itself to snooker club, night club, theatre.

LEGAL COSTS

The in-going tenant is to be responsible for the landlord's reasonable legal costs in relation to the preparation of the lease.

VIEWING

Strictly by appointment with the Chartered Surveyors.

Subject to Contract

MISREPRESENTATION CLAUSE

Nabarro McAllister & Co for themselves and for vendors or lessors of this property whose agents they are, give notice that:

1.             The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute nor constitute part of, an offer or contract;

2.             All descriptions, dimensions, reference to condition and necessary permission for use and occupation and other details are given without responsibility and any intending purchasers or tenants should not rely on any statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them;

3.             No person in the employment of Nabarro McAllister & Co has any authority to make or give any representation or warranty whatever in relation to this property.

Regulated by RICS