For Sale By Auction | 02:00 pm, 19 October 2017 | Lot 49

173 - 175 London Road, Hazel Grove, Stockport, Cheshire, SK7 4HJ

Withdrawn After

  • Commercial Property
  • Tenure: To Be Confirmed In Legal Pack

Call the team on 0161 830 7477 for more information

Auction Date

Thu 19/10/2017

Auction Time

02:00 pm

Auction Venue

Macron Stadium, Platinum Suite, De Havilland Way, Bolton, BL6 6SF

Restaurant Retail/Investment - producing £25,000 pa with lapsed consent for residential conversion of the upper floors

Situated in the centre of Hazel Grove, this two storey mid-terrace property is trading as Zayaans Indian Restaurant (www.zayaans.co.uk) (formerly the Red Rose) which has been trading since 2009. The property is currently let by way of a 15 year lease from September 2009 at a current passing rental of £25,000 pa. The restaurant has recently undergone a full refurbishment. According to the VOA the property provides the following net internal floor areas: Ground Floor 116.3 sq m (1,252 sq ft) First Floor Ancillary 58.1 sq m (625 sq ft) To the rear of the property is a dedicated parking area considered suitable for 4 – 6 cars. The property also benefits from a lapsed consent for the extension and reconfiguration of the first and second floors to create 4 no apartments with ground floor retail unit to remain (ref: DC/023884 - dated August 2006).

Tenure

To Be Confirmed In Legal Pack

Viewing

Please contact Auction House North West Commercial on 0161 830 7477

Energy Efficiency Rating (EPC)

Current Rating 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

Buyer's Premium - £900 including VAT payable in addition to the Administration Charge

Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.