200 Hall St
Stockport SK1 4JG
Retail Property For Sale

Investment Property for Sale – Freehold – Income £19,740 PA – Price £225,000 – Quick Cash Sale Required ? Great Investment Property ? Headache-free Income ? Freehold Property ? Newly Refurbished ? Consists of retail shop and two apartments ready let ? Income: £19,740 PA ? Price: £225,000 ? Quick Sale Required ? Cash Buyers Only Address: 200 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. The apartments are let on new 6-month AST tenancies. The Rent on the property is as follow; Per Calendar Month Per 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 vast amount of money has just been spent on refurbishment of the property. • Quick Sale Required • Prompt Rent Paying Tenants (No Rent Arrears) For further information regarding this great investment property, please contact Nick Roberts on 0121 773 1962 or Muhammad on 07 837 047 846.