Mixed use for sale
Property description & features
- Tenure: Freehold
- Location: Stockport Road, Hyde, Cheshire, close to local amenities and transport links.
- Property Type: Mixed-use, comprising a commercial unit and a residential flat.
- Ground Floor: Hair & Beauty salon, leased until 2025/6.
- Commercial Income: Salon generates an annual income of £5400.
- First Floor: Two-bedroom self-contained flat with its own entrance.
- Residential Income: Flat generates an annual income of £7560, inclusive of electric and water.
- Interior Features: Large reception room, fitted kitchen, modern fitted shower room in the flat.
- Tenure: Freehold property.
- Sale Condition: Offered with no vendor chain for a smooth transaction.
- Viewing Arrangements: Strictly by appointment only.
This mixed-use property located on Stockport Road, Hyde, Cheshire, offers an excellent investment opportunity with its dual income streams and strategic location. The property is situated close to local amenities and benefits from good transport links, making it attractive for both commercial and residential tenants.
On the ground floor, the property features a Hair & Beauty salon currently leased until 2025/6. This established business space provides a steady annual rental income of £5400. The salon is well-maintained and benefits from a prominent position on a busy road, ensuring consistent foot traffic.
The first floor, accessible via its own entrance at the rear of the building, is a spacious two-bedroom self-contained flat. This residential unit includes a large reception room, a fitted kitchen, and a modern fitted shower room. The flat is currently generating an annual income of £7560, with the rent inclusive of electric and water. This arrangement adds to the appeal for potential tenants looking for an all-inclusive rental package.
The property is freehold and is offered for sale with no vendor chain, providing a smooth transaction process for prospective buyers. Viewings are strictly by appointment only, ensuring privacy and convenience for current occupants.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference S990343. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Lynks Estate Agents - Hyde.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 23, 2024
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 23, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on January 6, 2020 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.