Fully Let Mixed Use Investment Property – Currently Producing £28,800 pa
Not inspected but understood to be a substantial three storey property comprising two ground floor retail uinits operating as takeaways plus two one-bedroom apartments on the upper floors. Tenacies Marple Thai Kitchen takeaway is let on a 15 year term from April 2017 at £8,400 pax. Marple Pizza is let a 15 year term from October 2014 at rental of £6,000 pax. Two one-bedroom apartments are let on ASTs at a rental of £600 pcm. Total Rental income is £28,400 pa Location Centrally located in the centre of Marple fronting Stockport Road (B6101), Marple being a popular suburb approximately 4 miles east of Stockport. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Tenure
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating D, E
Local Authority
Stockport Metropolitan Borough Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - 1.5% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.