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Spring 2016 Location >> Property Oldham – The Old Town Hall PRE-LET SECURED to Restaurant Units TO LET Opening Oldham, OL1 1QN Spring 2016 Location >> Location Oldham is a major regional town in Greater Manchester. It lies amid the Pennines on elevated ground, 5.3 miles (8.5km) south- south east of Rochdale and 6.9 miles (11.1km) north east of the city of Manchester. Oldham is surrounded by several smaller towns which together form the Metropolitan Borough of Oldham, of which Oldham is the administrative centre. Oldham benefits from excellent road communications with the A627 situated immediately to the south, linking with the A67 (M) dual carriageway and therefore the motorway network via the M62 junction 22. Rail services to London Euston are available in approximately 3 hours 16 minutes. The Metrolink is now open with the nearest stop to the scheme being on Union Street, which is just a 2 minute walk away. Oldham – The Old Town Hall PRE-LET SECURED to Restaurant Units TO LET Oldham, OL1 1QN Location >> Location • The Old Town Hall is located in the heart of Oldham Town Centre between Clegg Street and Union Street • The site fronts on to the main road into the town centre (Yorkshire Street) and the new metrolink stop on Union Street • The A627 which runs to the west and south of the site offers a direct route to Ashton and Rochdale • Metrolink Trams run every 12 minutes to Manchester City Centre and beyond Oldham – The Old Town Hall PRE-LET SECURED to Restaurant Units TO LET Oldham, OL1 1QN Location >> Location • Hotel Future – we have aspirations for a high quality hotel and we are actively pursuing with a number of partners to realise this vision. We anticipate a key feature would be training in the hospitality sector. • Oldham Leisure Centre – state of the art facilities due to open in Sept 2015, attracting regional and national sporting events to the town centre. • Oldham Coliseum and Heritage Centre – plans for a new Coliseum Theatre and Heritage Centre on Union Street, bringing together Gallery Oldham, the Library and Local Studies and Archives together in one seamless facility. This is due to open November 2017. Spindles Town Square Oldham – The Old Town Hall Shopping Centre Parliament The Old Square Town Hall PRE-LET SECURED to Oldham Central Metrolink Stop Union Street Restaurant Units TO LET Oldham, OL1 1QN Drive Time Catchment >> Oldham has an urban area of approximately 104,000 rising to 217,000 within 6.5 miles of the town centre and 1.91million within 12 miles. Drivetime The town boasts a strong catchment as demonstrated by the following economic statistics. (Source: Javelin). Population Figures Total Catchment Spend Primary (darkest area): 179,605 Clothing, footwear & accessories: £785m Secondary (purple area): 338,635 Comparison goods (inc. clothing, footwear & accessories): £2.06 bn Tertiary (grey area): 773,415 Food to take home: £2.87 bn Total (all retail categories including catering): £5.9 bn Key Jagged red line – 10 min off peak drive time Jagged blue line – 20 min off peak drive time Oldham – The Old Town Hall PRE-LET SECURED to Restaurant Units TO LET Oldham, OL1 1QN (Source Javelin) Description >> The Old Town Hall is a Grade II Listed Georgian neo-classical town hall, built in 1841. It is a landmark building in a key location in the town centre, at the edge of the central shopping area and within the Oldham Town Centre Conservation Area. Description The Old Town Hall is to be redeveloped to create a major restaurant and leisure scheme incorporating a state of the art 7 screen 800 seat cinema and six restaurants ranging in size from 2,464 sq ft to 6,700 sq ft. The new development will occupy a prominent position within Oldham town centre, opposite the Spindles Shopping Centre and will benefit from new public realm works which will create an excellent leisure destination. Work has now started on site and is scheduled for completion in Spring 2016. Accommodation >> Six new restaurants will be developed with the benefit of external seating offering the following accommodation: Unit 1: 3,277 sq ft at ground level Oldham – The Old Town Hall Unit 2: 2,464 sq ft at ground level Unit 3: 3,264 sq ft at ground level Unit 4: 5,127 sq ft at ground level plus 1,572 sq ft at basement level PRE-LET SECURED to Unit 5: 1,642 sq ft at ground level plus 615 sq ft at basement level Unit 6: 3,098 sq ft at first floor plus 585 sq ft at mezzanine Restaurant Units TO LET Oldham, OL1 1QN Goad >> Goad Oldham – The Old Town Hall PRE-LET SECURED to Restaurant Units TO LET Oldham, OL1 1QN Level 0 - Old Town Hall Floor Plan >> Retail Store Floor Plans Retail Store Unit 1 Unit 2 Unit 3 Unit 4 Unit 5 Oldham – The Old Town Hall PRE-LET SECURED to Restaurant Units TO LET Oldham, OL1 1QN Level 1 - Old Town Hall Floor Plan >> Floor Plans ODEON Cinema 4 Retail Cinema 3 ODEON Food and Oldham – The Old Town Hall Retail drink sales PRE-LET SECURED to Unit 6 Restaurant Units TO LET Oldham, OL1 1QN Gallery Oldham – The Old Town Hall PRE-LET SECURED to Restaurant Units TO LET Oldham, OL1 1QN Gallery Oldham – The Old Town Hall PRE-LET SECURED to Restaurant Units TO LET Oldham, OL1 1QN Gallery Oldham – The Old Town Hall PRE-LET SECURED to Restaurant Units TO LET Oldham, OL1 1QN Gallery Oldham – The Old Town Hall PRE-LET SECURED to Restaurant Units TO LET Oldham, OL1 1QN Gallery Oldham – The Old Town Hall PRE-LET SECURED to Restaurant Units TO LET Oldham, OL1 1QN Tenure >> Further Details >> The premises are available by way of a new effective full Unless otherwise stated each party is to bear their own repairing and insuring leases for a term to be agreed. legal and associated costs. VAT will be applicable where appropriate. Rent >> Metis Real Estate 53 King Street, Manchester, M2 7HA Upon application. Tel >> 0161 359 4306 Dan Davies >> Suzanne Wainwright >> Legal Costs >> Oldham Council Further Info Each party to bear their own legal costs in respect of all legal Town Centre Team, Oldham Council, 12 Albion Street, documentation produced in this transaction. Oldham, OL1 3BB Tel >> 0161 770 2077 Email >> Oldham – The Old Town Hall PRE-LET SECURED to Restaurant Units TO LET Oldham, OL1 1QN MISREPRESENTATION ACT: All Agents and for the vendors or lessors of this property whose agents they are, give notice that (i) these particulars are produced in good faith, are set out as a general guide only and do not constitute any part of an offer or contract. They are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves as to the correctness of each of them. (ii) no person in the employment of all agents has any authority to make or give any representation or warranty in relation to this property. Designed & produced by www.90degrees.com June 2015. Tel 0161 833 1890..
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