6 & 6a Kennerley Road, Stockport, SK2 6EY
- SIZE AVAILABLE
822 sq ft
76 sq m
- SECTOR
High street retail property for sale
Key features
- Freehold mixed use investment opportunity
- GF Shop: 427 Sq.ft / FF Flat: 395 Sq.ft
- Fully let producing £13,210 per annum
- Long standing existing shop & flat Tenants
- Low commercial RV: £4,100 - Nil rates
- Band A Council Tax: £1,428.26 payable
- Future add value investment opportunity
- £185,000 Sale Price - 7.15% Yield
Description
The property occupies the central building of a mixed commercial and residential terrace of three adjoining two storey properties of traditional construction with brickwork elevations under a pitched slate roof. The property provides separately accessed ground floor retail premises and first floor one bedroom residential flat with access to the shop from the front and rear of the property and access to the residential flat available from the rear.
6 Kennerley Road: 427 Sq.ft overall comprising:-
Main sales: 236 Sq.ft - 16’2’’ x 14’6’’.
Rear office: 173 Sq.ft - 12’8 x 14’6’’.
Store: 6 Sq.ft - 2’4’’ x 2’4’’.
Foyer: 12 Sq.ft - 4’0’’ x 3’0’’.
Toilet facilities including low level w.c/sink.
6a Kennerley Road: 395 Sq.ft over all comprising:-
Bedroom: 130 Sq.ft - 10’5’’ x 13’2’’.
Bathroom: 45 Sq.ft - 5’4’’ x 9’2’’.
Landing: 28 Sq.ft - 11’0’’ x 2’5’’.
Living room: 129 Sq.ft - 10’4’’ x 12’11 less chimney.
Kitchen: 39 Sq.ft - 5’4’’ x 7’5’’.
Ground floor foyer: 24 Sq.ft - 8’11’’ x 2’6’’.
Location
The property is located fronting Kennerley Road at the junction with Buxton Road a short drive from the centres of Hazel Grove and Stockport and the M60 Motorway.
- Stockport: 1.5 miles.
- Hazel Grove: 2 miles.
- M60: 2 miles.
Council Tax/RV
6a Kennerley Road: Band A - £1,428.26 payable.
6 Kennerley Road RV: £4,100.
Small Business Rates Multiplier 2022/23: 49.9p.
100% SBRR available - Nil payable rates.
Stockport Council - .
Tenure
We understand that the property is Freehold/Leasehold.
Title Number: TBC.
Price/VAT
£185,000 SUBJECT TO CONTRACT.
We understand that VAT is not payable on the sale.
Services
Mains services are available including gas, electricity, water and drainage.
Conditions
Subject to Contract.
Tenancy Agreements
6 Kennerley Road: Let to a Bridal wear retailer for 3 years from December 2021 at a passing rent of £7,450 pax. The Tenant has traded from this location since 2018.
6a Kennerley Road: Let 1st October 2021 at an annual rent of £5,760 rising to £6,000 on 1st October 2024. The Tenant has lived here for over 7 years.
Planning
We understand the property benefits from E/C3 uses. 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.
Brochures
6 & 6a Kennerley Road, Stockport, SK2 6EY
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Davenport Station0.2 miles
- Woodsmoor Station0.6 miles
- Stockport Station1.0 miles
Notes
Disclaimer - Property reference 128867-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by MBRE, Stockport. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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