24-26 Little Underbank, Stockport

2,278 Sq Ft

£650,000

For Sale

24-26 Little Underbank, Stockport

2,278 Sq Ft

£650,000

Make Enquiry

Make Enquiry

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

Thank you. Your enquiry has been sent successfully.

An error occurred whilst trying to send your enquiry. Please try again.

Please ensure all required fields have been completed

Full Name *

Email Address *

Number *

Message *
View Brochure

Property Summary

For Sale: 2,278 Sq.ft Mixed commercial & residential investment

Property Features

Ground floor shop with 3 residential flats
GF double fronted shop fully let to 1 Tenant
Three one bedroom residential flats
GF Shop Lease let for 5 years expiring 2030
Located in the heart of Stockport Old Town
Separate access for each flat and GF shop
£650,000 - Income £46,440 - 7.1% yield

Full Details

The property provides a four storey mid terrace mixed commercial retail and residential property of traditional construction with brickwork elevations under a pitched slate roof.

Access is available to the commercial retail units off Little Underbank. The first, second and third floor flats are accessed off Royal Oak Yard.

Ground floor Shop: 585 Sq.ft overall split between 24/26 including sales areas, kitchen, toilets, store rooms.

Flat 1 Third floor: 393 Sq.ft comprising lounge, kitchen, bathroom, store cupboard and landings.

Flat 2 Second floor: 674 Sq.ft comprising lounge, kitchen, bathroom, store cupboard, landings.

Flat 3 first floor: 626 Sq.ft comprising lounge, kitchen, bathroom, store cupboard, landings.

Location
The property is located fronting Little Underbank in Stockport Old Town with rear access available off Royal Oak Yard. The property is a short walk to the Merseyway Shopping Centre and Stockport bus and train stations.

- M60: 0.5 miles.
- Manchester: 7 miles.

RV/Council Tax
24 Little Underbank RV: £4,900.
26 Little Underbank RV: £5,800.
Flat 1 Council Tax band: A - £1,745.93.
Flat 2 Council Tax band: A - £1,745.93.
Flat 3 Council Tax band: A - £1,745.93.

Tenure
We understand that the property is Freehold.
Title Number: TBC by the vendors Solicitor.

Price/VAT
£650,000 SUBJECT TO CONTRACT.
We understand that VAT is not payable on the sale.

EPC
We understand the EPC rating is C.
Details from Agents MBRE.

Lease/Tenancies
24-26 Little Underbank: Let for a term of 5 years from
13/09/2028 expiring 13/10/2030 subject to a passing rent of £18,000 per annum exclusive.
Flat 1: Let for 12 months from 19/11/2025 subject to a passing rent of £750 pcm/£9,000 pa.
Flat 2: Let for 24 months from 01/07/2025 subject to a passing rent of £825 pcm/£9,900 pa.
Flat 3: Let for 12 months from 14/10/2025 subject to a passing rent of £795 pcm/£9,540 pa.

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

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

Legal Costs
Each party to be responsible for the payment of their own legal costs associated with the sale.

Conditions
Subject to Contract.