Retail premises for sale
Wellington Road South, Stockport, Cheshire SK2
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Mixed Use - Two Storey Shop and 1st Floor Flat in a Prime Location
- Fully let on a 7 Year Full Repairing and Insuring (Fri) Lease
- Producing £13,860 per Annum. Representing a Excellent Gross Yield of 5.6%
- Prime A6 Location in Stockport. Close to Stockport Train Station and Town Centre
- Perfect Investment Opportunity
- Leasehold - 850 Years Remaining
Property description
Property Ref: 12918
Amazing Mixed Use Investment Opportunity. Ground Floor Shop and 1st Floor flat, in a Prime Location in Stockport. Close to Stockport Train Station and Town Centre.
The accommodation comprises: Ground Floor Shop with large shop area and 1st Floor flat.
The ground floor shop is currently used as a takeaway and has a large footprint. There is also a sizable basement room, currently used as storage.
On the first floor is a 1 bedroom flat, with lounge, kitchen and bathroom.
The shop and flat are both fully let on a 7 Year Full Repairing and Insuring (Fri) Lease from July 2023 at £13,860 per annum, representing an excellent 5.6% Yield.
The Fri lease means that the tenant is responsible for all repairs and insurance, making this the perfect opportunity for anyone looking for a hands off investment.
Early viewing is essential to avoid disappointment. Take advantage of this superb investment opportunity.
Key Information:
* Ground Floor Shop and 1st Floor flat, in a Prime Location in Stockport.
* Close to Stockport Train Station and Town Centre.
* Leasehold with a 850 Year Lease (No Ground Rent or Service Charge)
* Shop EPC Rating = C / First Floor Flat EPC Rating = C
* Rent review every 3 years. Next rent review due on 11th July 2026
* Local Authority Stockport Metropolitan Borough Council...
For viewing arrangement, please get in touch with 99home.
If calling, please quote reference: 12918
gdpr Applying for the above property means you are giving us permission to pass your details to the vendor or landlord for further communication related to viewing arrangement or more property-related information.
*Virtual viewings: Some or all information pertaining to this property may have been provided solely by the vendor/landlord, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you choose to make an offer based solely on a virtual viewing, then 99Home Ltd does not accept any liability for errors in the information provided, including but not limited to, measurements, photography and video content.
Aml: To comply with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, , who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £20 per buyer, payable direct to AMLTeam . Please note, we are unable to issue a memorandum of sale until the checks are complete.
Referral fees We may suggest reputable providers of supplementary services, such as Conveyancing, Financial Services, Insurance, and Surveying. If you choose to utilize their services based on our recommendation, we may receive a commission payment or another form of benefit, referred to as a referral fee. It's important to note that you are not obligated to engage with the services of the recommended provider.
*Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering any household goods, carpets or any built-in furniture.
*General: While we endeavor to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact 99home and we will be pleased to check the detailing for you, especially if you are contemplating traveling some distance to view the property.
*99home is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Property info
For more information about this property, please contact
99Home Ltd, SM6 on +44 20 8115 8799 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by 99Home Ltd, and do not constitute property particulars. Please contact 99Home Ltd for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.