Postponed
- Mixed Use
- Tenure: See Legal Pack
Call the team on 01772 772450 for more information
Fully Let Restaurant Investment Property – Currently Producing £30,000 pa considered suitable for redevelopment subject to obtaining the necessary planning consents.
Not inspected but understood to comprise a substantial detached part single, part two storey restaurant trading as The Last Monsoon, with large 1-bedroom on the first floor. Externally there is surfaced parking to the front. The site is considered suitable for redevelopment - subject to obtaining the necessary planning consents. Tenacies Let by way of a 25 year FRI lease from 15th September 2006 (exp 2031) at a rental of £30,000 pax. There is a rent review outstanding. We are informed that the tenant has continued to pay throughout the pandemic. Location Prominently situated at the junction of King Street West and Wood Street (A5145), adjacent to Stockport Fire Station and opposite Stagecoach Bus Depot. Stockport train station and town centre are within ¼ mile. 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 To Follow
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.
