DEVELOPMENT OPPORTUNITY/POSSIBLE PART PURCHASE OPTIONS: MAY SPLIT/PART PURCHASE OPTION-Situated in the heart of Oldham Town centre lies this spacious Licensed venue comprising two attached properties 12a-14 Waterloo Street. No 12a comprises a single storey venue/function room leading to a 2 storey area which includes a private lounge room and bar with office, stores and wc provisions. The adjacent property at no. 14 is a self contained three storey mid terrace property which provides storage and offices. The properties are linked via a central courtyard area. The properties could provide for multiple end users to include leisure/retail and offers potential for extension and residential development as there has been indications that there would be no objections to a sympathetic residential scheme. A pre planning meeting with the LPA indicated that there would be no objections to extension and change of use. The business fittings within the premises are not included in the sale but the current stock may be available subject to further negotiation. VP/NC
The property would lend itself to a part commercial/part residential development by separating the property into its original three component parts. The vendor would consider a part purchase with deferred payment scheme or even a possible split of the property into two parts.
Through enquiries with the Valuation Office Agency website it is noted that the property attracts a Rateable Value in the 2017 Ratings List of £4,650 for no 14 and £12,250 for no 12a. Please note the Rateable Value is not what you pay.
If sold, each party are to bear their own legal costs incurred in connection with the transaction.
There is a private parking space available to rent.
Strictly by appointment with the agent: Kirkham Property, 509 Middleton Road, Chadderton, Oldham, OL9 9SH. Please call 0161 925 3759 or email email@example.com