407 Hempshaw lane, Stockport, SK1 4QA
- SIZE AVAILABLE
790 sq ft
73 sq m
- SECTOR
High street retail property for sale
Key features
- Fully renovated mixed use investment
- Freehold & available with vacant possession
- GF Shop: 325 Sq.ft / FF Flat: 465 Sq.ft
- Plus 150 Sq.ft External bike & storage shed
- Separate access for shop and for flat
- Low RV: £2,650 - 100% SBRR - Nil rates
- Estimated income £20,400pax - 9% yield
- Ready for new owner to secure new Tenants
Description
The property provides a mixed use commercial retail and residential flat forming part of a mixed use terrace of shops and flats and occupying an end terrace position. The property benefits from open plan retail sales, rear toilet and access to the rear yard and bicycle store. The flat provides duplex 1 bedroom living accommodation which is finished to a high standard with fully fitted kitchen and bathroom facilities.
Ground floor retail: 325 Sq.ft 0verall comprising:-
Main sales: 258 Sq.ft - 12’5’’ x 23’0’’ less stairs 8’3’’ x 3’6’’.
Under stairs store: 13 Sq.ft - 2’7’’ x 4’11’’.
Kitchen: 35 Sq.ft - 4’0’’ x 8’9’’.
W.C: 19 Sq.ft - 6’5’’ x 2’11’’.
External bike store: 150 Sq.ft - 6’4’’ x 9’7’’.
First and second floor flat: 465 Sq.ft overall comprising:-
GF foyer: 31 Sq.ft - 10’5’’ x 3’0’’.
FF & SF landings: 70 Sq.ft overall.
Living room: 118 Sq.ft - 12’2’’ x 9’8’’.
Kitchen: 48 Sq.ft - 8’1’’ x 6’0’’.
Bathroom: 43 Sq.ft - 8’9’’ x 5’6’’ less 4’0’’ x 2’1’’.
Cupboard: 5 Sq.ft - 2’7’’ x 4’0’’.
SF Bedroom 150 Sq.ft - 8’8’’ x 19’4’’ plus 7’7’’ x 2’10’’
Location
The property is located fronting Hempshaw Lane in Stockport and is a short drive to Stockport town centre and J1 of the M60 Motorway.
- Stockport: 1.5 miles.
- M60: 1.5 miles.
- Offerton: 1 mile.
Council Tax/ RV
Council Tax: Band A - £1,650.21 payable.
Rateable value: £2,650.
Small Business Rates Multiplier 204/25: 49.9p.
100% SBRR available - Nil payable rates. Interested parties contact SMBC - .
Tenure
We understand that the property is Freehold. Title Number: CH84376.
Price
£225,000 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 uses. 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
407 Hempshaw lane, Stockport, SK1 4QA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Davenport Station1.0 miles
- Stockport Station1.1 miles
- Woodsmoor Station1.1 miles
Notes
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