Stockport Rd 8,925 sq ft 100% Let Retail Property Hyde SK14 5ET £4,100,000 (£459.38/sq ft) 6.12% Net Initial Yield

Hyde forms part of the Greater Manchester area and is located approximately 8 miles south-east of Manchester city centre.
Hyde benefits from excellent transport communications as it is situated immediately to the East of the M60 motorway
10 minute drive time population of approximately 90,000 people rising to over 695,000 people within 20 minutes
The subject property is prominently situated on the busy A560 Stockport Road with a daily vehicle count of circa 12,000 vehicles passing the site.
Fully let to the substantial covenants of Sainsburys, PureGym, Instavolt, Parcel Locker Company and a car wash.
Total passing rent of £267,300 per annum.
We are instructed to seek oers in excess of £4,100,000 (Four Million, One Hundred Thousand Pounds), subject to contract and exclusive of VAT. A purchase at this price reflects a Net Initial Yield of 6.12% having applied purchaser’s costs of 6.54%.
The development will provide a roadside scheme providing a convenience retail unit, gym, EV charging and car wash and 72 car spaces.
The investment comprises a modern steel framed former car showroom built in 2000, newly subdivided and repurposed to provide tailored single story retail space for Sainsburys, and with the installation of a new Mezannine floor along with a modern two-story PureGym outlet.
There will be 4 fast charging Electric Vehicle spaces leased to Instavolt Limited, an agreement for Royal Mail Parcel Lockers and an agreement with PureGym to pay for the energy generated from the 132 solar panels installed on the roof and a car wash.
Planning Consent for change of use was granted subject to S 106 on 11th February 2026. Full details can be provided on request.