Retail/Shop To Let Or For Sale, Rochdale
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Property ID: 159581
54 Drake Street, Rochdale, OL16 1NZ
Key Features
- Shop to let – £14,400 per annum
- Whole freehold for sale – £175,000
- Ground-floor shop approx. 775 sq ft
- Separate basement commercial accommodation
- Independent rear access to basement
- Basement formerly used as online pharmacy
- Electric shutter, fitted WC and sink
- Shop equipment available separately
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Description
54 DRAKE STREET, ROCHDALE, OL16 1NZ
GROUND-FLOOR SHOP TO LET – £14,400 PER ANNUM
OR ENTIRE FREEHOLD PROPERTY FOR SALE – £175,000
A versatile commercial property close to Rochdale town centre, available either as a ground-floor retail letting or as the purchase of the entire property, including basement commercial accommodation.
OPTION 1 – GROUND-FLOOR SHOP TO LET
Rent: £14,400 per annum (£1,200 per calendar month)
Approximately 775 sq ft (72 m²) of ground-floor accommodation with direct street frontage onto Drake Street.
Key features:
- Electric security shutter
- Prominent street-facing frontage
- Recently installed WC and sink
- Separate rear kitchen/preparation area
- Water and electricity available
- Previously operated as a convenience store
- Suitable for various retail and service uses, subject to necessary consents
The basement is excluded from the rental offer. Tenant access arrangements are subject to the agreed lease.
OPTION 2 – ENTIRE FREEHOLD PROPERTY FOR SALE
Asking price: £175,000
The freehold sale includes both the ground-floor shop and basement commercial accommodation.
Basement features:
- Independent rear access
- Previously used for an online pharmacy operation
- Refurbished commercial accommodation
- Potential for office, online retail, storage or other appropriate commercial uses, subject to necessary consents
- Existing shared electricity and water infrastructure
The basement floor area is additional to the 775 sq ft ground-floor shop. Further accommodation details and inspections are available by appointment.
The property offers potential for owner-occupation, investment or separate commercial use of the two levels, subject to legal and regulatory requirements.
ADDITIONAL INFORMATION
Shop equipment: Refrigeration units, retail shelving and other equipment may be available separately by negotiation and are not automatically included.
Business rates: The existing rating assessment covers both floors. Business rates liability and any separate assessment for a ground-floor tenancy are subject to confirmation.
EPC: Energy rating C (61), valid until 27 September 2033.
VAT: VAT treatment of rent and sale to be confirmed.
Tenure: Ground-floor commercial lease available. Entire property offered freehold, subject to verification of title and any occupational tenancies existing at completion.
Availability: Offered for sale or letting, subject to contract and confirmation of possession arrangements.
Viewings: Strictly by appointment.
ENQUIRIES
Please specify whether your enquiry concerns:
- Renting the ground-floor shop at £14,400 per annum; or
- Purchasing the entire freehold property, including the basement, at £175,000.