Part income producing mixed use investment property
Summary
- Popular Heaton Chapel Location
- Barbers shop let at £9,000pa
- Vacant annexe 3 bed flat to rear
- Combined ERV of £26,000pa
- Scope for rental uplift on shop
- Recently refurbished flat ready for occupation
Accommodation
The accommodation comprises the following areas:
| Floor/Unit | Description | Building Type | sq ft | Availability |
| Ground | Shop premises | Retail | 497 | Let |
| Ground | Rear flat | Residential | 427 | Available |
| 1st | Rear flat | Residential | 427 | Available |
| Total | 1,351 |
Location
The property is located on School Lane in a mixed residential and commercial area with convenient transport links and local amenities.
The property benefits from close proximity to the A6 (Wellington Road North), a core arterial route in Greater Manchester that directly links Stockport to Manchester City Centre. Additionally, the location provides quick, straightforward access to the M60 motorway ring road, which links you to the wider national motorway network and Manchester Airport. Additionally Heaton Chapel Train Station is located around a 4 minute walk from the premises and the Bee Network runs extensive and frequent bus routes along the A6 connecting the 'Heatons', Stockport and Manchester.
Get directions from Google Maps
Mainline Stations
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Heaton Chapel4 mins
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Reddish South17 mins
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Levenshulme26 mins
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Mauldeth Road27 mins
Underground Station
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Chesham2625 mins
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Amersham2664 mins
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Chalfont and Latimer2689 mins
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Chorleywood2722 mins
Further Information
Price Offers in the region of £320,000
Rates Payable Upon Enquiry
EPC Rating This property has been graded as D (57)
Description
The property comprises a ground floor retail unit fronting School Lane, let to an independent barber, together with a self-contained three bedroom house attached to the rear, accessed via the back street. The house is currently vacant, having recently been refurbished, while the upper floors to the front above the shop do not form part of this sale.
Internally the shop provides a barbers shop to the front, with kitchen/staff room and shower room beyond. The annexed house to the rear consists of a recently refurbished 3 bedroom property with lounge, kitchen diner, shower room and additional W/C. There is also a private rear courtyard with the residential property which leads to the back street entrance for vehicles and pedestrians.
Sale Price
Offers in the region of £320,000 are invited for the long leasehold interest in the shop and annexed 3 bedroom house.
A new leasehold (200 years+) is to be created out of the current Freehold title for the whole building upon purchase, at a peppercorn rent.
Business Rates/Council Tax
17 School Lane Shop - Rateable Value of £6,200 (01/04/26 listing)
100% Small Business Rate Relief is available for qualifying tenants
17a School Lane - Council Tax Band B
VAT
We understand that VAT is not applicable to this sale
Legal Fees
Each party will be responsible for their own legal costs in connection with this sale.
AML Regulations
In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.
Gallery
