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£225,000

Councillor Lane, Cheadle, Cheshire, SK8

  • 0 beds
Other
Under offer/SSTC

£225,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£1,027 per month

Minimum deposit amount:

£11,250
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A great opportunity to acquire for investment this shop with a two bedroom flat above. The property is located in a popular spot of Cheadle on a busy parade of mixed shops, with parking directly opposite, the parade serves the local community and has always been very popular with local tradesmen. The complete premise is currently rented for ?14,000 per annum and the current lease runs until September 2024. Further details of the lease are available in the Cheadle Hulme office.

A great opportunity to acquire this shop with a two bedroom flat above which is currently rented out for ?14,000 per annum.

The ground floor shop consists of;Frontage- 21ft 3Depth- 24ft6Plus 8.9 x 6Toilet- 4.9 x 4.3Rear area- 4.9 x 3.6There is also a rear yardTo the first floor;Flat with, two bedrooms, lounge, kitchen and bathroomTenure- FREEHOLDLease details;Shop Lease (FRI) started 22nd September 2014 - 21st September 2024Flat lease started 21st April 2017 both end simultaneously.Next Rent review 2023Business Rates- ?8100 per year

Special Note -The price is correct at the time of going to print, we advise customers to enquire the price of specific properties prior to viewing. We reserve the right to amend/improve the specification at any time. Any special offer relating is offered at the asking price stated and is subject to terms and conditions.NB - The services, appliances and heating systems have not been tested and therefore no warranty can be given or implied as to their working order. They should therefore be verified on survey by any prospective purchaser. All measurements are approximate.Tenure- To be confirmed with a solicitor at point of sale.Call Monitoring System: Please note that all our calls are recorded for monitoring and training purposes.

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