2 bedroom retail property (high street) for sale

Cross Street, Sale, Cheshire, M33

£270,000

Property Description

Key features

  • INVESTMENT OPPORTUNITY
  • 2 RETAIL UNITS PLUS 2 X ONE BEDROOM FLATS
  • PRODUCING AN INCOME OF 23,800 P.A.

Full description

DESCRIPTION
Situated fronting the A56 we are instructed to offer to the market this investment opportunity. The properties comprise of three storey brick construction under slate roofs with basements. Each of the retail units are let on fully repairing and insuring terms, trading as a long established takeaway and established dog groomers. On the first and second floors above each of the units are good size one bedroom flats having lounge, breakfast, kitchen and bathroom on the first floors and double bedrooms on the second. To the rear accessed via a right is hard standing providing sufficient parking. The two shops and two flats combined produce an income of 23,800 p.a.





173 CROSS STREET, SALE
FRI lease let to "British Raj" takeaway on a 12 year lease from 20th December 2012 at 8,000 p.a. with 3 year rent reviews with the benefit of a personal guarantor.

175 CROSS STREET, SALE
FRI lease let to "Wags" dog groomers on a 5 year lease from 19th August 2011 at 5,200 p.a. with the benefit of a personal guarantor.

173a CROSS STREET, SALE
Two storey flat let on an assured short hold tenancy agreement for an initial 12 month term from 6th January 2014. (holding over and have been in occupation over 6 years) at 416.66 pcm (5,000 p.a.).

175a CROSS STREET, SALE
Two storey flat let on an assured short hold tenancy agreement for a term of 12 months from 25th February 2015 at 450 pcm (5,400 p.a.).
173 Cross Street
RATEABLE VALUE - 7,700
RATES PAYABLE - 3,796

175 Cross Street
RATEABLE VALUE - 8,100
RATES PAYABLE - 3,993

173a & 175a Cross Street
Both Council Tax band A

.

Nearest stations

  • Dane Road (0.3 mi)
  • Sale (0.6 mi)
  • Brooklands (1.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Thomas Willmax, Sale

189 Washway Road, Sale, M33 4AH

0161 468 0672 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

  • Dane Road (0.3 mi)
  • Sale (0.6 mi)
  • Brooklands (1.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Thomas Willmax, Sale

189 Washway Road, Sale, M33 4AH

0161 468 0672 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.

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