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278 Adswood Road, Stockport, SK3 8PN

£395,000

£211.23 per sq ft

Business rates & charges may apply

MBRE, Stockport
SIZE AVAILABLE

1,870 sq ft

174 sq m

SECTOR

High street retail property for sale

Key features

  • Fully renovated mixed use investment
  • Retail/residential redevelopment opportunity
  • Ground floor shop & 2 x 2 bed apartments
  • Ground floor retail unit: 717 Sq.ft
  • Flat 1: 507 Sq.ft - Flat 2: 645 Sq.ft
  • Commercial unit RV: £7,400 - Nil rates to pay
  • Council Tax bands for flats TBC
  • Estimated total rent: £36,000 per annum
  • Sale price £450,000 - 8% yield when fully let

Description

Description
The property provides a renovated three storey mixed commercial retail premises with separately accessed residential living accommodation providing two self contained flats over first and second floor levels. To the rear is a hard-standing area which can be used for car parking and loading.

Ground floor retail premises: 717 Sq.ft.
Main sales: 16’2’’ x 48’6’’ including toilet facilities

First floor apartment: 507 Sq.ft.
Lounge/dining: 149 Sq.ft - 10’3’’ x 14’4’’.
Kitchen: 99 Sq.ft - 9’2’’ x 10’10’’.
Bedroom 1: 97 Sq.ft - 10’11’’ x 8’10’’.
Bedroom 2: 124 Sq.ft - 14’0’’ x 8’10’’.
Bathroom: 38 Sq.ft - 4’10’’ x 7’11’’.

Second floor apartment: 645 Sq.ft.
Lounge/dining: 114 Sq.ft - 10’5’’ x 10’5’’.
Kitchen: 104 Sq.ft - 8’10’’ x 11’8’’.
Bedroom 1: 153 Sq.ft overall.
Bedroom 2: 167 Sq.ft overall.
Shower/w.c: 50 Sq.ft - 6’7’’ x 7’4’’.
Foyer: 11 Sq.ft - 3’2’’ x 3’3’’.
Landing: 46 Sq.ft overall.

Location
The property is located in the heart of Adswood residential area close to the centres of Davenport, Cheadle Heath and Edgeley and a short drive to Stockport and Cheadle Hulme.

- Davenport: 1 mile.
- Cheadle Hulme: 1.5 miles.
- Stockport: 2 miles.
- M60: 2 miles.

Rateable Value
Rateable value: £7,400.
Small Business Rates Multiplier 2022/23: 49.9p.
100% SBRR available - nil payable rates.
Interested parties are advised to make their own enquiries with SMBC - .

Tenure
We understand that the property is Freehold.
Title Number: GM327395.

Price
£450,000 SUBJECT TO CONTRACT.

VAT
All figures are quoted exclusive of Value Added Taxation.
We understand that VAT is not payable at the property.

Conditions
Subject to Contract.

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

Planning
We understand the property benefits from E/C3 use.
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.

Brochures

278 Adswood Road, Stockport, SK3 8PN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Davenport Station0.7 miles
  • Stockport Station1.1 miles
  • Cheadle Hulme Station1.2 miles

About MBRE, Stockport

Regent House, 8th Floor, Heaton Lane, Stockport, SK4 1BS

Notes

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Disclaimer - Property reference 118927-1. 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 MBRE, Stockport. 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.

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