House For Sale £193,000
312c/dBuxton Road, Stockport, Cheshire, SK2 7DD
previous price £195,000

Full description

LOCATION:
From Mersey Square in the centre of Stockport travel towards Hazel Grove along the main A6 Wellington Road South. After approximately two miles, the property is located on the right occupying a prominent main road position within an established retail area.

DESCRIPTION/CONSTRUCTION:
A two-storey middle terraced building of traditional construction. The property is sub-divided to provide a self-contained shop together with a self contained flat at first floor.

The first floor flat is currently let but the whole property is available with vacant possession if required.

The property is suitable for owner occupation or for investment purposes.

ACCOMMODATION:

Shop : 633 sq.ft. sub-divided to provide a shop with store, kitchen and toilet facilities.

Flat: 633 sq.ft. sub-divided to comprise a self-contained flat with open plan kitchen diner/living room, bathroom, laundry room and two bedrooms.

TENANCIES:

Shop:
Full vacant possession will be given to the shop upon completion.

The shop is capable of being let at £9,000 per annum.

Flat:
Currently let on a short hold tenancy. The passing rent is £6,300 per annum (£525 per calendar month).

Details of the tenancy arrangements in relation to the flat will be available from the agents, Impey & Company.

SERVICES:
Main services available to the property comprising electricity, water and drainage.

The ground floor and first floor are separately metered.


RATEABLE ASSESSMENT:
For in formation relating to the Rateable Value go to: www.voa.gov.uk

TENURE:
Freehold.

PRICE:
Price on application

If the property were fully let, it is anticipated the income would be £15,000 - £16,000 per annum exclusive.

VIEWINGS:
The property is currently fully occupied. Access to the shop will be available during normal business hours. Viewings by appointment only in relation to the flat, via the Agents IMPEY & COMPANY on 0161-477-0444

WEB SITE:
Visit Impey & Company web site at:
www.impey.co.uk

POSSESSION:
The property will be sold subject to the existing tenancies.

IMPORTANT NOTE:
i) It should be noted that all prices and rentals quoted within these details are exclusive of Value Added Tax.

ii) The Code of Practice on Commercial Leases in England and Wales strongly recommends that a prospective tenant obtains professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through the web site: www.bpf.org.uk

OUR REF: P3