London Road, Stockport, SK7 Shop For Sale

£350,000

1 / 1
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Monthly repayments £0
Total cost of mortgage £0
LTV 85%
  • Fantastic Investment Opportunity
  • Great Location On The A6
  • Ground Floor Shop
  • Two First Floor Self Contained Flats

Property Description

We are pleased to offer for sale this investment property situated in a corner position on the main A6 in Hazel Grove.


The property offers the potential for a rental income of £32,600 per annum.

The ground floor has been rented at £20,000. The current tenant is vacating but the property should be attractive to a new tenant at a similar rent. The first floor is rented as 2 self-contained flats one at £500 per calendar month and one at £550 per calendar month.

Accommodation comprises:-

Ground Floor

Shop Unit

with approximately 800 square foot of accommodation which can be divided as suitable to a prospective tenant.  The unit has suspended ceilings with concealed lighting.  There is a wc/washbasin.  Additionally there is approximately 520 square foot of basement storage area.  The ground floor is heated by gas central heating.

First Floor

Self Contained Flat 1

with lounge/kitchen, bedroom and bathroom/wc.  This flat has been let on an assured shorthold tenancy for 18 months.

Self-Contained Flat 2

with lounge/kitchen, 2 bedrooms and bathroom/wc. This flat has been let on an assured shorthold tenancy for 4/5 years.

Viewing

by appointment with Ian Tonge Property Services 150 Buxton Road, High Lane, Stockport, SK6 8EA telephone 01663 762 677.

Directions

the property is situated on the main A6 on the corner of London Road and Smithy Street.

Contact the agent

Property Reference: HIL-G3Y11CCT0X

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Fee Information

The advertised rental figure does not include fees.