Hyde Investment Property SOLD

Commercial Investment Property SOLD

Commercial Investment Property SOLD

Harvey Silver Hodgkinson are pleased to announce the sale of an invesment property in Hyde. The property is located at 87 Market Street, Mottram in Longdendale Hyde SK14 6JQ.

Investment Property Market

Buying a commercial investment property is proving to be a very popular way to invest money at the moment. There seems to be a definite shift from investing in residential buildings to commercial in recent years.  Manchester is currently one of the front runners for the UK property market with a projected 2.7% economic growth per year until 2022.

The Purchaser 

Mr Giorgio Maou currently lives in Tamworth and has been registered with Harvey Silver Hodgkinson since early 2017. Mr Maou viewed the premises and an offer was accepted shortly after. We would like to wish Giorgio all the best with his future endeavors.

Current Tenant 

The business currently operating out of 87 Market Street is Mātū Barbers who have built a very strong brand in a relatively short space of time. The current tenant took the unit by way of a 6 year lease from March 2017 with the building providing a rental income of £4,160 per year.

Legals

The vendor instructed Andrew Marsden of Howarth Holt Bell Solicitors to deal with his legal requirements. Mr Giorgio Maou instructed Rachel Taylor of Garner Canning Solicitors in Atherstone.

HSH

If you are thinking of purchasing a commercial investment property and would like to see our full listing then please click here. If you are thinking of selling your business or property and would like a fully confidential discussion with one of our brokers please contact our office on 0161 233 9090.

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