Property Ref: 3054
Investment Property for Sale "" Freehold "" Income £19,740 pa "" Price £225,000 "" Quick Cash Sale Required
Freehold Property
Newly Refurbished
Consists of a retail shop and two apartments ready let
Income: £19,740 pa
Price: £225,000
Quick Sale Required
Cash Buyers Only
Address: Hall Street, Stockport, Cheshire, SK1 4JG
The property is Freehold and consists of a retail shop and two self-contained apartments
The property has been fully refurbished recently and is like new
The comprehensive refurbishment works on the property include:
"New Plastering Throughout
"New External Render
"Complete Electrical Rewire
"Complete New Plumbing
"New Fitted Kitchens
"New Bathrooms
"New UPVC Double Glazed Windows
"New Doors and Frames
"New Wall Insulation
"Complete Laminate Flooring
"Individually Metered
Shop:
The retail shop is let on a new 5-year lease from 28th June 2018 at a rent of £7500 per year.
The shop is let on a fully repairing and insuring lease which means that the tenant is responsible to maintain the shop and pay the building insurance for the shop.
The shop trades as a Coffee/Cake shop.
The two apartments are one bedroom self-contained with fully fitted kitchens, modern bathrooms, laminate flooring and are in like new condition.
Both of the apartments are let on new 6-month ast tenancies.
The Rent on the property is as follow;
Per Calendar MonthPer Annum
Flat A:£525 £6300
Flat B:£495 £5940
Retail Shop: £625 £7500
total Income£1645 £19740
"Freehold Property
"Price: £225,000
"Fixed price, sorry no offers, as a vast amount of money has just been spent on refurbishment of
the property.
"Quick Sale Required
"Cash Buyers Only
"Prompt Rent Paying Tenants (No Rent Arrears)
Property Ref: 3054
Property Ref: 3054
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If calling, please quote reference: 3054
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