1 Bed Shop with Upper Parts in Levenshulme M19 For Sale

£300,000

Property Address: Stockport Rd , , M19 View on map

Property Details

• Type: Shop with Upper Parts
• Bedrooms: 1
• Bathrooms: 1
• Listing Type: For Sale

Description

SOLOMON ESTATES are delighted to present to the market this commercial property, located in Levenshlume on Stockport Road. The property is a good investment opportunity with good potential rental income. This property has great transport links and nearby to supermarkets,Restaurants and other facilities and amenities.

The current use of the unit is a takeaway and it comes with a hot food license which adds the value. There is a two bedroom flat on 1st and 2nd floor. The ground floor has a good size shop floor and a basement. The 1st floor contains a bedroom, kitchen and a bathroom. The 2nd floor contains a big room.

The property is generating rental income of £18000 pa currently which will be increased to £20000 pa from next year. There is a rent review at the end of third year. The lease term is 5 years.

Dont miss out on this rare opportunity to purchase this amazing commercial property in excellent location for rental income.

The property is leasehold. It has a lease term of 900 years, started from 15th September, 1966. Annual ground rent is £75.

Tenure: Leasehold
SAT NAV: M19 2TB

Measurements

Shop Floor: 14.1 x 4.1

1st Floor
Bedroom 1: 4.4 x 3.6
Kitchen: 3.9 x 2.7
Bathroom: 2.4 x2.1

2nd Floor
Bedroom 2: 4.4 x 4.4


Tenure: Leasehold (900 years)
Service Charge:
900 years lesae started from 15th September 1966. Annual ground rent is £75.