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Department Store

To Let

• Fully fitted department

store

• Prime location in town

centre

• Approximately 4,598 sq m

(49,497 sq ft)

• May sub divide to provide

from 1,625 sq m (17,488

sq ft)

• 58 year lease for

assignment or

• New sub lease available

for a term to be agreed

ROCHDALE

Lord Square and

9-12 Market Way

The Exchange

Shopping Centre

OL16 1ED

sw.co.uk

Location Floor Areas

Rochdale RiversideDescription Tenure

The property comprises two separate parts. One is the

former Pioneer House which is planned on basement,

lower ground, upper ground, first and second floors with

the first and second floors being located at car park

level with direct access to it.

The lower and upper ground floors are a modern

extension linking the store into the Rochdale Exchange

Shopping Centre and effectively form the majority of the

principal sales areas of the department store.

In addition there is a basement level loading bay.

The Store benefits from three entrances the principal

one being located in the prime shopping area of Lord

Square which opens onto Yorkshire Street.

This is nearby to B&M, Marks & Spencer, JD Sports,

The Wheatsheaf Centre etc.

The upper ground floor sales area has a double

entrance into the main mall of the Exchange Shopping

Centre nearby to Boots, Poundland, Clarks, River Island

WH Smith etc.

The top floor also has a direct access onto the main

deck of the Exchange Car Park which provides

approximately 850 spaces.

The Lords Square entrance is only a short distance

from the location of the new 200,000 sq ft Rochdale

Riverside Development.

Development is due to start in 2017 and this will provide

new stores for M&S (50,000 sq ft) and Next (20,000 sq

ft).

There is to be a further 125,000 sq ft of retail space

along with a new library and transport interchange.

In addition Reel are taking a 6 screen cinema and there

will be a further 30,000 sq ft of leisure space provided.

The premises are held on two coterminous FRI Leases

due to expire in December 2075. The leases are subject

to 5 yearly upward only rent reviews.

The December 2016 rent reviews are outstanding and

more details are available upon request. The combined

passing rent is currently £258,480 per annum exclusive.

Our clients are inviting proposals for an assignment of

their leasehold interests. Alternatively consideration

may be given to a sub lease for a term to be Agreed.

The property provides the following approximate

combined areas:

In addition there is a loading bay at basement level

which comprises approximately 2,496 sq ft (234 sq m).

LEEDS RETAIL AGENCY | LORD SQUARE AND 9-12 MARKET WAY | THE EXCHANGE SHOPPING CENTRE | ROCHDALE | OL16 1ED

Floor Square

Feet

Square

MetersLower Ground Floor 14,886 sq ft (1,383 sq m)Upper Ground Floor 20,360 sq ft (1,891 sq m)Basement 3,575 sq ft (333 sq m)First Floor 5,338 sq ft (496 sq m)Second Floor 5,338 sq ft (496 sq m)TOTAL GIA 49,497 sq ft (4,598 sq m)

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To be the new 200,000 sq ftRochdale Riverside Centre

LEEDS RETAIL AGENCY | LORD SQUARE AND 9-12 MARKET WAY | THE EXCHANGE SHOPPING CENTRE | ROCHDALE | OL16 1ED

sw.co.uk

Misrepresentation Act 1967: Messrs Sanderson Weatherall LLP for itself and for the

vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1) These

particulars do not constitute any part of an offer or contract; 2) None of the statements

contained in these particulars as to the properties are to be relied on as statements of

representations of fact; 3) Any intending purchasers must satisfy themselves by inspection or

otherwise as to the correctness of each of the statements contained in these particulars; 4)

The vendor(s) or lessor(s) do not make or give and neither Messrs Sanderson Weatherall

LLP nor any person in their employment has any authority to make or give any

representation or warranty whatsoever in relation to this property; 5) None of the building’s

services or service installations (whether these be the specific responsibility of the

freeholder, lessor or lessee) have been tested and are not warranted to be in working order.

Finance Act 1989: Unless otherwise stated all prices and rents are quoted exclusive of VAT.

Consumer Protection from Unfair Trading Regulations 2008 and Business Protection from

Misleading Marketing Regulations 2008; Every reasonable effort has been made by

Sanderson Weatherall to ensure accuracy and to check the facts contained in these

particulars are complete. Interested parties are strongly advised to take appropriate steps to

verify by independent inspection or enquiry all information for themselves and to take

appropriate professional advice.

Sanderson Weatherall LLP Registered in England company number OC 344 770

Registered Office 25 Wellington Street Leeds LS1 4WG

Potential Split Further information and Contact Details

Rating Assessment

Subject to Landlords consent and planning our clients

may consider a sub division of the property into two

units as shown adjacent. Potentially theses could

provide the following:

Unit One (Fronting Lord Square)

Lower Ground Floor: 1,239 sq m (13,913 sq ft)

Basement: 332 sq m ( 3,575 sq ft)

Unit Two (Fronting Market Way)

Upper Ground Floor: 1,770 sq m (19,059 sq ft)

First Floor: 496 sq m ( 5,338 sq ft)

Second Floor: 496 sq m ( 5,338 sq ft)

For any further details or information please contact the

sole agents Sanderson Weatherall.

Contact: Peter Heron

Tel No: 0113 221 6140

Mobile: 07843 634 158

Email: peter.heron@sw.co.uk

Web: www.sw.co.uk

Rateable Value (2017) is £238,000

Interested parties are advised to make their own

enquiries with the Local Authority.

EPC

The property has an EPC rating of C 68. A full copy of

the Energy Performance Certificate is available upon

request.

VAT

VAT is applicable at the prevailing rateJanuary 2017

LEEDS RETAIL AGENCY | LORD SQUARE AND 9-12 MARKET WAY | THE EXCHANGE SHOPPING CENTRE | ROCHDALE | OL16 1ED