For Sale: 945 Sq.ft Mixed use commercial & residential investment with large rear yard

 

Summary

  • Prominent sought after Davenport location
  • Ground floor retail unit with first floor flat
  • GF: 290 Sq.ft / LGF: 327 Sq.ft / FF: 328 Sq.ft
  • Large rear storage yard accessed off Peel St.
  • Ground floor available with vacant possession
  • First floor flat let for £600pcm plus £80pcm bills
  • Freehold tenure: Title number: MAN171688
  • Projected income £24,000 - 8% projected yield

Location

The property is located fronting Bramhall Lane in the heart of Davenport with rear access off Peel Street. The property is located a short drive to the A6 Buxton Road, Stockport Train Station and the M60.

- A6: 0.5 miles.
- Stockport train station: 1.1 miles.
- M60: 2 miles.

Get directions from Google Maps

Further Information

Price £300,000

Rates Payable £2,095.80 per sq ft


Description

The property provides a mid terrace mixed commercial and residential premises of traditional construction with rendered brickwork elevations under a pitched slate roof. The ground floor commercial unit provides accommodation over ground and lower ground floors with the benefit of external security roller shutters and the first floor flat is separately accessed from the rear off Peel Street.

187 Bramhall Lane: 617 Sq.ft comprising:-

Main sales: 118 Sq.ft - 11’3’’ x 10’6’’.
Seating area: 33 Sq.ft - 5’4’’ x 6’2’’.
Corridor: 23 Sq.ft - 2’11’’ x 8’0’’.
Kitchen: 34 Sq.ft - 6’1’’ x 4’3’’.
Rear treatment room: 57 Sq.ft - 6’1’’ x 9’4’’.
LGF treatment room: 100 Sq.ft - 6’4’’ x 15’9’’.
Corridor: 59 Sq.ft overall.
Front store: 168 Sq.ft - 16’6’’ x 11’3’’ less 3’0’’ x 6’10.

187a Bramhall Lane: 328 Sq.ft comprising:-

GF utility room: 11 Sq.ft - 4’2’’ x 2’8’’.
GF foyer: 14 Sq.ft - 3’4’’ x 4’2’’.
Landing: 25 Sq.ft overall.
Bathroom: 32 Sq.ft - 5’11’’ x 5’4’’.
Kitchen/diner: 163 Sq.ft - 11’5’’ x 14’2’’.
Bedroom: 76 Sq.ft - 9’3’’ x 8’3’’.
Cupboard: 7 Sq.ft - 2’10’’ x 2’7’’.

RV/Council Tax

Rateable Value: £4,200.
Small Business Rates Multiplier 2024/25: 0.49p.
100% SBRR Available - Nil payable rates.
Council Tax Band A: £1,650.21. Tenant to pay.
Interested parties contact SMBC - 0161 474 5188.

Tenure

We understand that the property is Freehold.
Title Number: MAN171688 - TBC by Solicitors.

Price/VAT

£300,000 SUBJECT TO CONTRACT.
We understand that VAT is not payable at the property.

Utilities

Mains services are available including electricity, water and drainage.

Flat Fixtures/Fittings

Two seater sofa, coffee table, TV table, 3/4 size bed, bedside table, fridge/freezer, washer/dryer and oven.

LEase/AST

GF Commercial: Sold VP - projected rent £15,000 pax.
FF 1 bed flat: £600pcm/£7,200pax. Market rent £9,000.

Planning

We understand the property benefits from E/C3 uses.
Buyers to make their own enquiries. TBC by Solicitors.