Summary

Property Type Investment
Tenure For Sale
Size 1,735 sq ft
Price £285,000
Rates Payable Upon Enquiry
  • Commercial retail investment premises
  • Large 1,735 Sq.ft ground floor retail unit
  • First floor apartments sold off separately
  • Suitable for owner occupier/retail investor
  • Rateable Value: £16,250 - SBRR available
  • GF retail unit available vacant possession
  • Estimated total rent: £25,000 - 8.8% yield
  • Sale price £285,000 - Leasehold tenure

About

The property provides a semi detached mixed use commercial and residential accommodation over ground and first floors with traditional brickwork elevations a under a pitched slate roof. To the rear is parking for one vehicle along with rear loading access. The property adjoins the main free car park for Torkington Park which provides 65 uncovered parking bays.

Ground floor: 1,735 Sq.ft overall comprising open plan sales with toilet and kitchen facilities.

The upper floor flats have been sold off separately and MBRE are selling the ground floor only on a Freehold basis.

Location

The property is located fronting Buxton Road at the junction of London Road and Macclesfield close to Hazel Grove, Poynton and High Lane.

- Stockport: 3.5 miles.
- M60: 3.5 miles.
- Manchester: 9.5 miles.

Get directions from Google Maps

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Further Information

  • Rateable Value

    Ground Floor Rateable value: £16,250.
    Small Business Rates Multiplier 2023/24: 49.9p.
    Stockport Council: 0161 474 5188.

  • Tenure

    We understand that the property is Leasehold.
    Title Number: TBC.

  • Price/VAT

    £285,000 SUBJECT TO CONTRACT.
    We understand that VAT is not payable at the property.

  • Services

    Mains services are available including gas, electricity, water and drainage.

  • Conditions

    Subject to Contract.

  • Lease Agreements

    Ground floor shop: Available with vacant possession.

  • Planning

    We understand the property benefits from E use.
    Buyers to make their own enquiries.

  • Legal Costs

    Each party to be responsible for the payment of their own legal costs associated with the sale.