Freehold Investment Property AWS
Freehold Investment Property 630 Stockport Road Longsight Manchester M13 0SD
• Prominent main road position • Sought after location • Lease expires 2034
LOCATION The property occupies a very prominent main road position at the junction of Stockport Road A6 and Slade Lane in the centre of Longsight. The A6 is one of the main arterial routes running south east out of Manchester City Centre and is heavily trafficked throughout the day. Longsight is a vibrant inner city location approximately 3 miles south east of the city centre. GENERAL DESCRIPTION Traditional mid terraced shop premises with retail space at ground and basement levels and offices to the first and second floors. The ground floor and basement extends to just over 1100 sq ft. The upper floor accommodation was inaccessible at the time of inspection. TENURE EPC Believed freehold subject to a nominal rent charge. A copy of the EPC is available on request. TEANCIES VAT The property is let by way of a lease dated 3 September 2009 to Shabeena Yahya. The lease is drafted on effective fully repairing and insuring terms. The current rent is £12,000 per annum but is subject to review effective from 3 September 2018. The lease expires on 2 September 2034.
VAT will not apply. VIEWING
By appointment with the sole agents:
PRICE
W T Gunson for the attention of:
Offers in excess of £250,000.
Mark Grayshon (Email: [email protected])
BUSINESS RATES The ground floor and basement is assessed as “Shop & Premises” Rateable Value £8,600.
Date of Preparation 29/11/2017
• Prominent main road position • Sought after location • Lease expires 2034
LOCATION The property occupies a very prominent main road position at the junction of Stockport Road A6 and Slade Lane in the centre of Longsight. The A6 is one of the main arterial routes running south east out of Manchester City Centre and is heavily trafficked throughout the day. Longsight is a vibrant inner city location approximately 3 miles south east of the city centre. GENERAL DESCRIPTION Traditional mid terraced shop premises with retail space at ground and basement levels and offices to the first and second floors. The ground floor and basement extends to just over 1100 sq ft. The upper floor accommodation was inaccessible at the time of inspection. TENURE EPC Believed freehold subject to a nominal rent charge. A copy of the EPC is available on request. TEANCIES VAT The property is let by way of a lease dated 3 September 2009 to Shabeena Yahya. The lease is drafted on effective fully repairing and insuring terms. The current rent is £12,000 per annum but is subject to review effective from 3 September 2018. The lease expires on 2 September 2034.
VAT will not apply. VIEWING
By appointment with the sole agents:
PRICE
W T Gunson for the attention of:
Offers in excess of £250,000.
Mark Grayshon (Email: [email protected])
BUSINESS RATES The ground floor and basement is assessed as “Shop & Premises” Rateable Value £8,600.
Date of Preparation 29/11/2017
