Mixed use
Key information
Features and description
- To be sold by online auction
- Mixed use premises: shop & two bedroom flat
- Excellent investment potential
- Vacant posession
- Great central location
- Cellar
TO BE SOLD BY ONLINE AUCTION ON 12TH FEBUARY 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS
11 STOCKPORT ROAD & THE FLAT ABOVE 11 STOCKPORT ROAD, ROMILEY, STOCKPORT, SK6 4BN
Mixed-use property bringing an exceptional opportunity for investors and developers, combining both commercial and residential space with excellent income potential.
Comprising a spacious shop floor with a large front area, back kitchen, storage space, shed, and a cellar. Upstairs, is a recently decorated two-bedroom flat with an open-plan kitchen/living area and a modern bathroom. Sold as seen in vacant possession, EPC on order.
The shop was previously rented for £900 per month, and the flat also achieved £900 per month in rental income
This property offers flexibility, strong rental returns, and the opportunity to add value through customization of the commercial space, making it a standout investment.
Similar property rental values in the area for the shop is in the region of £1000 - £1300 per month
Similar property rental values in the area for the flat is in the region of £900 per month
With strong demand in the area, there is potential for the shop to generate even higher rental income when re-let, making this a fantastic investment opportunity with excellent growth prospects.
Ideally located on a bustling main road, offering excellent visibility and high foot traffic, making it an attractive option for businesses looking to reach a wide audience. With lots of amenities nearby including shops, cafes, and transport links, the location benefits from both convenience and accessibility. Don't miss out on this excellent opportunity!
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