95 Castle Street, Stockport, Cheshire
£99,950
Freehold
  • Ground and First
  • 3 year FRI lease
  • £99,950
  • 9.6% Yield
Location
The property is prominently located on Castle Street in Edgeley's busy retail centre where other occupiers include Co-operative Food, Boots, Home Bargains, Greggs and Lloyds Bank. Edgeley is a densely populated area, conveniently located close to Stockport town centre, Stockport's mainline rail station and junction 1 of the M60 motorway.

Stockport has benefited from substantial recent investment including the development of Stockport Exchange and The Redrock leisure scheme, where occupiers include Holiday Inn Express, Zizzi, Pizza Express and The Light Cinema, as well as general improvements to the road network. Manchester International Airport is within 15/20 minutes' drive.

Description
A mid-parade, two storey retail property with brickwork elevations and a pitched slated roof. The property has benefited from substantial improvements. The property has recently been refurbished.

Ground Floor Retail Premises
Ground Floor: 27.15sq.m (292sq.ft) approx. net internal area of main sales areas.
First Floor: 25.28.m (272sq.ft) approx. net internal area including kitchenette and additional WC.
Basement: providing useful additional storage space.

Investment Figures
The property is occupied by a tenant on a 3 year FRI lease expiring 28 Feburary 2022.
Rent: £9,600 Per Annum
Purchase Price: £99,950
Yield: 9.6%

These particulars are only a guide. They are not exact or guaranteed. Property offered subject to contract.
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