24-26 Little Underbank, Stockport, SK1 1JT
Size
2,278
Tenure
Freehold
EPC
Parking
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- Primary use
- Mixed use
- Other use(s)
- Residential development, High street retail
No floor / site plan
Key features
- Ground floor shop with 3 residential flats
- GF double fronted shop fully let to 1 Tenant
- Three one bedroom residential flats
- GF Shop Lease let for 5 years expiring 2030
- Located in the heart of Stockport Old Town
- Separate access for each flat and GF shop
- £650,000 - Income £46,440 - 7.1% yield
Description
The property provides a four storey mid terrace mixed commercial retail and residential property of traditional construction with brickwork elevations under a pitched slate roof.
Access is available to the commercial retail units off Little Underbank. The first, second and third floor flats are accessed off Royal Oak Yard.
Ground floor Shop: 585 Sq.ft overall split between 24/26 including sales areas, kitchen, toilets, store rooms.
Flat 1 Third floor: 393 Sq.ft comprising lounge, kitchen, bathroom, store cupboard and landings.
Flat 2 Second floor: 674 Sq.ft comprising lounge, kitchen, bathroom, store cupboard, landings.
Flat 3 first floor: 626 Sq.ft comprising lounge, kitchen, bathroom, store cupboard, landings.
Location
The property is located fronting Little Underbank in Stockport Old Town with rear access available off Royal Oak Yard. The property is a short walk to the Merseyway Shopping Centre and Stockport bus and train stations.
- M60: 0.5 miles.
- Manchester: 7 miles.
RV/Council Tax
24 Little Underbank RV: £4,900.
26 Little Underbank RV: £5,800.
Flat 1 Council Tax band: A - £1,745.93.
Flat 2 Council Tax band: A - £1,745.93.
Flat 3 Council Tax band: A - £1,745.93.
Tenure
We understand that the property is Freehold.
Title Number: TBC by the vendors Solicitor.
Price/VAT
£650,000 SUBJECT TO CONTRACT.
We understand that VAT is not payable on the sale.
EPC
We understand the EPC rating is C.
Details from Agents MBRE.
Lease/Tenancies
24-26 Little Underbank: Let for a term of 5 years from
13/09/2028 expiring 13/10/2030 subject to a passing rent of £18,000 per annum exclusive.
Flat 1: Let for 12 months from 19/11/2025 subject to a passing rent of £750 pcm/£9,000 pa.
Flat 2: Let for 24 months from 01/07/2025 subject to a passing rent of £825 pcm/£9,900 pa.
Flat 3: Let for 12 months from 14/10/2025 subject to a passing rent of £795 pcm/£9,540 pa.
Utilities
Mains services are available including gas, 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.
Conditions
Subject to Contract.
- Service charge
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- Business rates
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- Use class
- C3, E
- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
24-26 Little Underbank, Stockport, SK1 1JT
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Disclaimer - Property reference 426889-1. 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.