Commercial Development for sale

Moss Lane, Bramhall, Cheshire

£225,000

Property Description

Commercial information

  • Use class orders: A1 Shops

Key features

  • Central village location
  • Current tenant since 2003
  • Parking
  • Freehold
  • EER-TBC

Full description

**EXCELLENT COMMERCIAL INVESTMENT OPPORTUNITY**

The property briefly comprises a two storey end terrace which provides a ground floor self contained retail unit, first floor flat which has been sold off on a 999 year lease at a peppercorn rental.

To the rear of the property is a communal car parking area which the occupiers of 218 Moss lane have the right to use.

The accommodation extends to the following net internal floor areas:
Sales area 64.41 sq m (693 sq ft)

The property is currently let to TSK Agencies Limited, t/a ink and toner World (Company Registration No.4709164) with two personal guarantees in place. The lease is for a term of 6 years from 1st May 2015 at a passing rental of £16,000per annum. the lease is is on FRI basis. The lease incorporates a rent review on1st May 2018 and also a tenant only break clause on the third anniversary of the commencement date.The existing tenant has been in situation since 2003.

YIELD : A purchase of £220,000 produces a net initial yield of 7.27% excluding purchase costs, in addition the tenant pays management charges of 7.5% of the annual rental.

VAT: All figures quoted are exclusive of but may be subject to VAT.

If you would like to view this property please contact Main & Main Estate agents on 0161 485 1919

EXCELLENT COMMERCIAL INVESTMENT OPPORTUNITY- Ground floor retail unit in heart of Bramhall village centre with parking. Internal floor area 693 sq ft (64.41 sq m) Currently let.

Special Note -The price is correct at the time of going to print, we advise customers to enquire the price of specific properties prior to viewing. We reserve the right to amend/improve the specification at any time. Any special offer relating is offered at the asking price stated and is subject to terms and conditions.
NB - The services, appliances and heating systems have not been tested and therefore no warranty can be given or implied as to their working order. They should therefore be verified on survey by any prospective purchaser. All measurements are approximate.
Tenure- To be confirmed with a solicitor at point of sale.


More information from this agent

Nearest stations

  • Bramhall (0.3 mi)
  • Poynton (1.5 mi)
  • Cheadle Hulme (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Main & Main, Cheadle Hulme

29 Station Road, Cheadle Hulme, Cheadle, SK8 5AF

0161 468 3833 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Bramhall (0.3 mi)
  • Poynton (1.5 mi)
  • Cheadle Hulme (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Main & Main, Cheadle Hulme

29 Station Road, Cheadle Hulme, Cheadle, SK8 5AF

0161 468 3833 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26347777. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Main & Main, Cheadle Hulme. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.