Residential, Retail
For Sale
For Sale
£330,000
For further information or to arrange a viewing please contact Morgan Williams.
397 Manchester Road, Stockport, Cheshire, SK4 5DH
- Tenanted Convenience Store & Large Vacant Flat
- Prime Position fronting Manchester Road
- Ground Floor Trading As Morrisons
- Includes Large Residential Flat
- 10 Year Commercial Lease
- Thriving Location
We are delighted to offer for sale a substantial primely located roadside, convenience store investment, with residential refurbishment opportunity.
The ground floor is currently let to Alliance Property Holdings Limited trading as Morrisons.
The residential element comprises its own entrance door on Abney Road and provides substantial first floor accommodation that is in need of refurbishment, potentially as a large single flat or multi-occupancy STP.
There is a small yard for loading at the rear.
The property offers an excellent "Value Add" opportunity. The commercial element rent is just £7.50 psf overall and clearly there is obvious rental growth at rent review, which we understand is in 2029. The first floor provides a residential development opportunity and benefits from immediate vacant possession.
The ground floor is currently let to Alliance Property Holdings Limited trading as Morrisons.
The residential element comprises its own entrance door on Abney Road and provides substantial first floor accommodation that is in need of refurbishment, potentially as a large single flat or multi-occupancy STP.
There is a small yard for loading at the rear.
The property offers an excellent "Value Add" opportunity. The commercial element rent is just £7.50 psf overall and clearly there is obvious rental growth at rent review, which we understand is in 2029. The first floor provides a residential development opportunity and benefits from immediate vacant possession.
Residential, Retail
For Sale
For Sale
£330,000
For further information or to arrange a viewing please contact Morgan Williams.