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Summary
- Located in in an important part of Greater Manchester
- 320 metres from Stockport Railway Station
- Multi-Let to long standing and well-established local businesses
- Potential to increase the income at the next lease events and by letting the basement
- Total income of £24,100 per annum
- £292,000, subject to contract
- 8% NIY
Location
Stockport is an important satellite town within Greater Manchester and is located approximately 9.5 km (6 miles) south of Manchester city centre.
The town benefits from good road communications adjoining Junctions 1 and 25-27 of the M60 orbital motorway network. There are also links to the wider regional and national motorway network via the M56, M62, M61 and M66 motorways. The M6 motorway is easily accessible via the M56 and the M62 motorways.
There are direct daily train services between Stockport Railway Station and London Euston with a journey time of approximately 2 hours as well as various other regional routes to and from the surrounding conurbations including Blackpool, Liverpool, Manchester, Preston, Sheffield and Wigan.
Manchester International Airport is 15 minutes away by car. The airport offers routes to other parts of the United Kingdom as well as to all 5 continents.
Situation
The property occupies a corner position off Wellington Road South, opposite Stockport Central Library and moments from St Peter’s Square.
The immediate vicinity is a destination driven location within Stockport and benefits from busy roads, a high footfall and large office buildings.
Stockport Railway Station is approximately 320 metres from the property.
Merseyway Shopping Centre, Asda Superstore, Tesco Extra, Premier Inn, Holiday Inn and various other business are also located close by.
Description
The property comprises four self-contained commercial units arranged over ground and first floors and a self-contained vacant basement accessed from the side of the property.
66 St Petersgate – barber shop on ground floor and ancillary accommodation on the first floor.
68 St Petersgate – tattoo parlour on the ground floor and ancillary accommodation on the first floor. The tenant is currently refurbishing.
24 Lawrence Street – deli and sandwich shop established in 1973. Comprising sales accommodation, seating, a preparation area on the ground floor and ancillary accommodation on the first floor.
24a Lawrence Street – family mediation practice with office accommodation and meeting space on the ground and first floor.
The basement comprises 875.1 sq ft / 81.3 sq m of vacant accommodation. A purchaser could increase the total income by letting the basement.
