FOR SALE: 970 Sq.ft Retail and residential investment premises

 

Summary

  • Mixed use commercial/residential investment
  • GF: 445 Sq.ft - Let to a Podiatry clinic
  • FF: 525 Sq.ft - First floor one bedroom flat
  • RV: £7,300 - 100% SBRR - Nil payable rates
  • Council tax band A: £1,650.21 payable
  • Potential add value investment opportunity
  • Additional rear garage currently not rented
  • Freehold investment: Title No: GM289843

Location

The property is located fronting Hall Street in Offerton and is a short drive to Stockport town centre and the M60 motorway.

- Stockport: 1 mile.
- M60: 1 mile.
- Manchester: 10 miles.

Get directions from Google Maps

Further Information

Price £187,500

Rates Payable £3.76 per sq ft


Description

The property comprises a mixed use commercial and residential building of traditional construction with brick work elevations under a pitched tiled roof with an external rear garage.

178 Hall Street: 445 Sq.ft overall comprising:-
Front sales: 172 Sq.ft - 14’9’’ x 11’8’’.
Corridors: 76 Sq.ft overall.
Mid office: 106 Sq.ft - 10’6’’ x 10’0’’.
W.C anti-room: 17 Sq.ft - 3’9’’ x 4’6’’.
W.C including low level toilet.
Rear office: 74 Sq.ft - 10’9’’ x 6’10’’.

178a Hall Street: 525 Sq.ft overall:-
Ground floor entrance foyer:- 32 Sq.ft - 2’8’’ x 11’0’’.
Landing: 65 Sq.ft - 5’1’’ x 12’9’’.
Front room: 166 Sq.ft - 15’0’’ x 11’1’’.
Kitchen: 124 Sq.ft - 9’8’’ x 12’10’’.
Rear landing: 27 Sq.ft - 4’4’’ x 6’1’’.
Bathroom: 32 Sq.ft - 5’4’’ x 6’0’’.
Bedroom: 79 Sq.ft - 8’2’’ x 9’7’’.

Council tax/ RV

178a Hall Street Council Tax band A: £1,650.21.
178 Hall Street Rateable Value: £7,300.
Small Business Rates Multiplier 2024/25 49.9p.
Interested parties contact SMBC - 0161 474 5188.

Tenure

We understand that the property is Freehold. Title Number: GM289843.

Price/ VAT

£187,500 SUBJECT TO CONTRACT. We understand VAT is not payable on the sale.

EPC rating

A Copy of the Energy Performance Certificates are available from Agents MBRE.

Conditions

Subject to Contract.

Tenancy Schedule

178 Hall Street benefits from a commercial Lease dated 12th December 2019 for a term of 3 years and subject to a rent of £5,500 per annum exclusive.

178a Hall Street benefits a residential AST with a passing rent of £400 per calendar month/£4,800 pax. To the rear of the property is a private garage which could be rented for between £50-£100/week.

Utilities

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

Planning

We understand the property benefits from E/C4 uses. 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.