15 Lower Hillgate, Stockport

2,330 Sq Ft
£500,000
For Sale

15 Lower Hillgate, Stockport

2,330 Sq Ft
£500,000
  • Make Enquiry
  • View Brochure

Property Summary

For Sale: 2,330 Sq.ft Fully renovated three storey mixed investment

Property Features

  • Ground floor bakery with FF/SF apartments
  • GF: 1,102 Sq.ft/Basement: 353 Sq.ft
  • First Floor: 552 Sq.ft/Second Floor: 323 Sq.ft
  • GF shop RV: £6,100/Flat Council Tax band A
  • Apartments 1 & 2 to be sold vacant possession
  • Ground floor bakery let at £15,000 pax
  • Fully let income circa £40,200 pa - 8% yield

Full Details

The property provides mixed commercial and residential accommodation over four floors with the ground floor and basement providing commercial bakery accommodation and the first and second floors providing renovated residential accommodation accessed separately off Lower Hillgate.

Ground floor: 1,102 Sq.ft overall including main sales, preparation area, cold room, store room and rear pottery room.

Basement: 353 Sq.ft overall providing storage accommodation.

First floor: 552 Sq.ft overall including kitchen diner, corridors, cupboard, bedroom 1, bedroom 2 and bathroom.

Second floor: 323 Sq.ft overall including kitchen diner, corridors, cupboard, bedroom and bathroom.

Location
The property is located on Lower Hillgate in Stockport Old Town and is a short walk to the Merseyway shopping centre, Stockport Interchange and Stockport train station.

- M60: 1.2 miles.
- Stockport Interchange: 5 min walk.
- Stockport Station: 10 min walk.
- Merseyway: 2 min walk.

RV/Council Tax
Apartment 1: Council Tax band A: £1,745.93.
Apartment 2: Council Tax band A: £1,745.93.
Rateable value: £6,100.
Small Business Rates Multiplier 2026/27: 49.9p.
Contact SMBC - 0161 474 5188.

Tenure
We understand that the property is Freehold.
Title Number: GM619833.

Price/VAT
£500,000 SUBJECT TO CONTRACT.
We understand that VAT is not payable on the sale.

Utilities
Mains services are available including gas, electricity, water and drainage.

Planning
We understand the property benefits from C3/E uses. Buyers to make their own enquiries.

EPC Ratings
GF: D.
FF: D.
SF: D

Lease Terms
GF retail premises let on a 10 year term commencing 13th April 2022 subject to a passing rent of £15,000 pax with Tenant only breaks at 3 yearly intervals and rent review at year 5. The Lease benefits from Guarantors.

Flat 1 ERV: £13,800pa - £1,150pcm - sold VP.
Flat 2 ERV: £11,400pa - £950pcm - sold VP.

  • Ref: 380298
  • Type: Residential, Retail
  • Availability: For Sale

Make Enquiry

Please complete the form below and a member of staff will be in touch shortly.