15 Lower Hillgate, Stockport, SK1 1JQ
Size
2,330
Tenure
Freehold
EPC
Parking
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- Primary use
- High street retail
- Other use(s)
- Residential development
- Frontage
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No floor / site plan
Key features
- Ground floor bakery with FF/SF apartments
- GF: 1,102 Sq.ft/Basement: 353 Sq.ft
- First Floor: 552 Sq.ft/Second Floor: 323 Sq.ft
- GF shop RV: £6,100/Flat Council Tax band A
- Apartments 1 & 2 to be sold vacant possession
- Ground floor bakery let at £15,000 pax
- Fully let income circa £40,200 pa - 8% yield
Description
The property provides mixed commercial and residential accommodation over four floors with the ground floor and basement providing commercial bakery accommodation and the first and second floors providing renovated residential accommodation accessed separately off Lower Hillgate.
Ground floor: 1,102 Sq.ft overall including main sales, preparation area, cold room, store room and rear pottery room.
Basement: 353 Sq.ft overall providing storage accommodation.
First floor: 552 Sq.ft overall including kitchen diner, corridors, cupboard, bedroom 1, bedroom 2 and bathroom.
Second floor: 323 Sq.ft overall including kitchen diner, corridors, cupboard, bedroom and bathroom.
Location
The property is located on Lower Hillgate in Stockport Old Town and is a short walk to the Merseyway shopping centre, Stockport Interchange and Stockport train station.
- M60: 1.2 miles.
- Stockport Interchange: 5 min walk.
- Stockport Station: 10 min walk.
- Merseyway: 2 min walk.
RV/Council Tax
Apartment 1: Council Tax band A: £1,745.93.
Apartment 2: Council Tax band A: £1,745.93.
Rateable value: £6,100.
Small Business Rates Multiplier 2026/27: 49.9p.
Contact SMBC - .
Tenure
We understand that the property is Freehold.
Title Number: GM619833.
Price/VAT
£500,000 SUBJECT TO CONTRACT.
We understand that VAT is not payable on the sale.
Utilities
Mains services are available including gas, electricity, water and drainage.
Planning
We understand the property benefits from C3/E uses. Buyers to make their own enquiries.
EPC Ratings
GF: D.
FF: D.
SF: D
Lease Terms
GF retail premises let on a 10 year term commencing 13th April 2022 subject to a passing rent of £15,000 pax with Tenant only breaks at 3 yearly intervals and rent review at year 5. The Lease benefits from Guarantors.
Flat 1 ERV: £13,800pa - £1,150pcm - sold VP.
Flat 2 ERV: £11,400pa - £950pcm - sold VP.
Legal Costs
Each party to be responsible for the payment of their own legal costs associated with the sale.
- Service charge
- Ask agent
- Business rates
- £3,044
- Use class
- C3, E
- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirementsAsk agent
- BREEAM rating
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- Environmental description
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Brochure
15 Lower Hillgate, Stockport, SK1 1JQ
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Disclaimer - Property reference 380298-1. 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 Blackshaw Commercial Limited , 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.