196 & 196A Higher Hillgate, Stockport SK1 3QY

Location:
The property occupies a prominent position on Higher Hillgate (A626), one of the principal arterial routes into Stockport town centre. The property is situated approximately 0.5 miles south-east of Stockport town centre and benefits from excellent connectivity to the A6 (Wellington Road South), St Mary’s Way and Junction 27 of the M60 motorway, providing convenient access to Manchester city centre and the wider North West motorway network.

The property also benefits from its proximity to Stockport railway station, which provides regular services to Manchester Piccadilly, London Euston and other regional destinations. There is in addition a number of bus routes that operate along Higher Hillgate, offering excellent public transport links. The area has benefited from ongoing investment as part of the wider regeneration of the Higher Hillgate corridor, with improvements aimed at enhancing connectivity, the public realm and supporting new residential and commercial development.

Description:
The property comprises of a prominently positioned commercial/residential property of traditional brick construction beneath a pitched roof, occupying a highly visible frontage onto Higher Hillgate. The commercial element comprises of a ground floor and basement with rear yard which has just become vacant, there is also separate access from Higher Hillgate to a modern first floor apartment which is currently let.

The ground floor commercial element provides versatile accommodation suitable for a range of retail/office/studio or other commercial uses (subject to any necessary consents), with a functional internal layout and good levels of natural light. Its roadside position offers excellent prominence, generating regular passing traffic throughout the day. There is a basement for storage and external yard.

The modern first floor apartment provides young professionals with an open plan living kitchen area to the front of the property, good sized double bedroom and modern bathroom. This is currently let at £925 pcm.

The surrounding area benefits from a mix of residential, commercial and community uses.

Accommodation
Ground Floor Commercial 356 sq ft
Basement Storage 155 sq ft


One Bedroom Apartment 350 sq ft

Tenure
Freehold.

Leases
Assured periodic residential tenancy at £11,100 per annum

Commercial Rental Price Ground Floor and Basement
£7,500 per annum

Sale Price
£230,000 subject to contract.

VAT
No VAT applicable.

Services
Mains services are available to the property comprising electric, water and drainage.

EPC Commercial Energy Rating D / Residential Energy Rating D
Rateable Value
The Rateable Value of the Ground Floor and Basement is £5,200. Therefore full small business rate relief will apply.