92 Market Street Stalybridge, SK15 2AB

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Property Details

92 Market Street Stalybridge, SK15 2AB

Sold
Description
  • Purchase price: £81,000
  • Rental Income: £8,100 PA 
  • 10% Rental Yield
  • Ground Floor Retail Unit
  • 2 Bedroom Self-Contained Flat
  • Mixed Use Investment Opportunity          

The property is located in the centre of Stalybridge within walking distance of Stalybridge train station with direct route into Manchester City Centre.

The ground floor premise briefly compromises a retail shop with the main unit area measuring 32.4sqm (349sqft) with storage to the rear (10.2sqm/109sqft) and basement (44.7sqm/481sqft). The shop has been let on a 2 year IRI lease for an annual rent of £3360. The tenant sells beads and runs a successful online business. The tenant has done significant improvement works including fitting an ADT alarm and security cameras.

There is a self contained flat on the 1st and 2nd floors with separate access from the rear. The flat has been let to the same tenant for since to July 2014 and is currently paying £4740 p.a.

Total annual income of £8100 p.A.

Property Features
  • 10% Rental Yield
  • 2 Bedroom Self-Contained Flat
  • Ground Floor Retail Unit
  • Mixed Use Investment Opportunity
  • Purchase price: £81000
  • Rental Income: £8100 PA
Rural Features

Amco Management

T: 0161 773 3978

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