INVESTMENT PROPERTY: (OFF LICENCE/ NEWSAGENTS/CONVENIENCE STORE) STALYBRIDGE: Large semidetached property, annual rental income £8,320, property is let by a FRI 6 year lease from 31 August 2022 with 3 yearly rent reviews

LOCATION

Stalybridge is a town in Tameside, Greater Manchester, England. Historically a part of Cheshire, it is 8 miles east of Manchester city centre and 6 miles north-west of Glossop. The nearest point of access to the motorway network is approximately 1 mile from the southern boundary of the town at junction 4 of the M67. The M67 is a feeder to the M60 Manchester orbital motorway and the city of Sheffield. The A635 A road passes through the town and the A6018 commences at Stalybridge.

76 Lindsay Street is an excellent location just off a busy main road, surrounded by a large residential area with high levels of passing trade.

PROPERTY DESCRIPTION

The entire property is let to an owner operator trading as a local convenience store, newsagents and off licence. Held by way of a 6 year full repairing and insuring lease from August 2022 with 3 yearly rent review with an annual rent of £8,320.

Entrance, shop floor providing service counter, display shelving, drinks display fridge, alcohol display area, rear store room and exit to yard.

The First floor provides store room and staff room.

The Second floor provides bathroom and store room.

Shop floor areas
Description Area m²
Ground floor retail zone a23.41
Ground floor retail zone b 6.51
Ground floor retail zone b 7.06
First floor internal storage24.86
Second floor staff toilets 4.8
Second floor internal storage 9.1
Total 75.74 m²

these are sizes from the business rates valulation office.

TITLE NO: GM440800