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412 Manchester Road, Stockport, SK4 5BY

£365,000

Business rates & charges may apply

MBRE, Stockport
SIZE

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SECTOR

Commercial property for sale

USE CLASSUse class orders: C3 Dwelling Houses

C3

Key features

  • Prominent mixed use investment premises
  • GF Commercial barbers - 433 Sq.ft
  • FF 2 bed flat: 587 Sq.ft - Refurbished
  • SF 1 bed flat: 350 Sq.ft - Refurbished
  • Suitable for use as Airbnb or standard flat lets
  • GF barber shop full let producing £850pcm
  • Total potential income £29,400 pax fully let
  • Sale price £365,000 - 8% initial yield

Description

Description
The property provides mixed commercial and residential accommodation over ground, first and second floors along with external rear grounds. The property has been renovated to provide two self contained residential flats over first and second floors with external rendered brickwork elevations under a pitched slate roof with Velux roof lights.

412 Manchester Road commercial unit: 433 Sq.ft overall comprising:-
Main sales: 226 Sq.ft - 18’6’’ x 12’2’’, Rear kitchen: 77 Sq.ft - 7’4’’ x 10’4’’, Corridor: 27 Sq.ft - 12’1’’ x 2’3’’,
Rear store: 103 Sq.ft overall plus toilet.

First floor flat: 587 Sq.ft overall comprising: -
Kitchen/diner: 215 Sq.ft - 8’9’’ x 24’4’’, bathroom: 40 Sq.ft - 4’6’’ x 8’8’’, foyer: 24 Sq.ft - 5’10’’ x 4’2’,
bedroom 1: 155 Sq.ft - 12’2’’ x 12’9’’, bedroom 2: 153 Sq.ft - 11’6’’ x 13’4’’.

Second floor flat: 350 Sq.ft overall comprising:-
Kitchen/diner: 160 Sq.ft - 10’6’’ x 15’2’’, bathroom: 42 Sq.ft - 6’0’’ x 7’0’’, landing: 20 Sq.ft - 3’4’’ x 5’11’’,
bedroom: 128 Sq.ft - 7’11’’ x 16’1’’.

Location
The property is located fronting Manchester Road in the centre of Heaton Chapel a short drive to Heaton Moor, Levenshulme, Stockport town centre and the M60.

- Stockport: 2 miles.
- M60: 2 miles.
- Manchester: 5 miles.

RV/Council Tax
Rateable Value: £5,600 - 100% SBRR - Nil payable rates.
Small Business Rates Multiplier 2019/20: 49.1p/50.4p.

Flat 1: Band A - £1,650.21 payable Council Tax.
Flat 2: Band A - £1,650.21 payable Council Tax.
SMBC - .

Tenure
We understand that the property is Freehold.
Title Number: GM287679- TBC by Solicitors.

Price/VAT
£365,000 SUBJECT TO CONTRACT.
We understand that VAT is not payable at the property.

Lease Terms/Income
412 Manchester Road GF Shop: Let to a barber for a term of years subject to passing rent of £850 per calendar month/£10,200 pax.
FF Flat: Estimated rent of £850 per calendar month/£10,200 pax.
SF Flat: Estimated rent of £750 per calendar month/£9,000 pax.

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

Planning
Planning granted for FF/SF change of use: DC/070193.
GF benefits from E use class. Buyers to make enquiries.

Legal Costs/Conditons
Each party to bear their own costs relating to the sale.
Subject to Contract.

Brochures

412 Manchester Road, Stockport, SK4 5BY

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Heaton Chapel Station0.2 miles
  • Reddish South Station0.9 miles
  • Levenshulme Station1.4 miles

About MBRE, Stockport

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

Notes

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Disclaimer - Property reference 318409-1. 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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