348/ 348A Wellington Road North, Stockport, SK4 5DA

Description
The property provides a mixed commercial and residential mid terrace premises of traditional construction with brickwork elevations under pitched slate roofs. The three properties are self contained and separately accessed.

51-53 School Lane - 570 Sq.ft:-
LHS: 314 Sq.ft overall - 17’7’’ x 17’9’’.
Central section: 8 Sq.ft - 8’5’’ x 0’11’’.
RHS: 248 Sq.ft overall - 14’1’’ x 17’7’’.
W.C including toilet and sink.

348 WRN - 678 Sq.ft:-
Main Sales: 348 Sq.ft overall.
Mid sales: 89 Sq.ft - 7’10’’ x 11’5’’.
Store: 115 Sq.ft - 11’1’’ x 11’0’’.
Store: 53 Sq.ft - 7’9’’ x 6’10’’.
Store: 21 Sq.ft - 5’11’’ x 3’5’’.
Kitchen: 52 Sq.ft overall.

348a WRN - 762 Sq.ft:- 2 bed flat.
Living room: 215 Sq.ft - 18’1’’ x18’1’’.
Bathroom: 45 Sq.ft - 6’11’’ x 6’5’’.
Kitchen: 105 Sq.ft - 9’2’’ x 11’4’’.
Landings: 73 Sq.ft overall.
Bedroom: 140 Sq.ft - 11’8’’ x 11’11’’.
SF landing: 12 Sq.ft.
SF bedroom: 172 Sq.ft overall.

Location
The property is located at the junction of Wellington Road North, School Lane and Heaton Moor Road and is a short drive from the centres of Stockport and Levenshulme.

- Stockport: 1.5 miles.
- Manchester: 6 miles.
- M60: 2 miles.

Council Tax/RV’s
348a WRN Council Tax Band: Band A - £1,564.42.
348 WRN Rateable Value: £8,800.
51-53 SL Rateable Value: £9,000.
Small Business Rates Multiplier 2023/24: 49.9p.
SMBC - .

Tenure
We understand that the property is Freehold.
Title Number: GM864383.

Price/VAT
£360,000 SUBJECT TO CONTRACT.
We understand that VAT is not payable on the sale.

EPC Rating
51-53 School Lane EPC Rating D.
348 WRN EPC Rating E, 348a WRN EPC Rating D.

Conditions
Subject to Contract.

Lease Terms/AST
51-53 School Lane: Let February 2024 for a term of 5 years subject to a passing rent of £12,000 pax.

348 Wellington Road North: Let from April 2023 for a term of 5 years subject to a passing rent of £12,000 pax.

348a Wellington Road North: Let on an AST for £825 pcm/£9,900 per annum.

Total passing income: £33,900 per annum exclusive.

Utilities
Mains services are available including gas, electricity, water and drainage.

Planning
We understand the property benefits from E/C1 use. Buyers to make their own enquiries.

Legal Costs
Each party to be responsible for the payment of their own legal costs associated with the sale.