|Size||20,326 sq ft / 1,888.3 sq m|
Recent office development built 2015.
Ground floor let to substantial healthcare covenant until 2038.
First floor available.
Current income £143,695.
Total ERV £243,695.
Potential reversionary yield – 8.33%.
FOR SALE: £2,925,000.
The property is situated adjacent to Boundary Park Stadium and facing the Royal Oldham Hospital around one mile to the north of Oldham town centre. Chadderton Way (A627) is closeby and this provides access to A627(M) motorway link road. Nearby occupiers include B&Q, Premier Inn, Glo Gym and Oldham Athletic.
Oldham is a major regional town located within Greater Manchester and is situated around 7 miles to the north east of Manchester City Centre. It is the administrative centre of the Metropolitan Borough of Oldham with an urban population of around 100,000 within a boroughwide population of circa 230,000.
The property is a two storey detached office building completed in 2015 and extending to 1,888 sq m (20,326 sq ft) or thereabouts, overall. It is situated within a generous plot with long frontage to Sheepfoot Lane and there is a large marked and barrier controlled car park.
The ground floor is occupied by Fresenius Medical Renal Services Ltd under a long lease, and the first floor is vacant and being offered to let.