Available 4 Bed Mixed Use

Goyt Avenue, Marple, Stockport, Cheshire, SK6 7JR £325,000

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Property Features

Location:
4, Goyt Avenue, Stockport, SK6 7JR

Reception Rooms: 2

Bedrooms: 4

Bathrooms: 2

Tenure: Freehold

Deposit: 0

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About the Property

MIXED COMMERCIAL AND RESIDENTIAL PROPERTY OFFERED FOR SALE WITH BOTH UNITS CURRENTLY LET GENERATING INCOME!

Located on Goyt Avenue amongst a popular parade of shops this is a fantastic opportunity for any potential investors. The commercial property convenience store (business not to be affected) is currently let out for £7,500.00 PA. The 4 bed duplex flat above the commercial space comprises: four bedrooms, family bathroom, good size lounge and kitchen diner. There is also a detached garage that is currently used by the tenant of the residential flat. The residential space is currently let out for £7500.00 P/A.

The current rents for both commercial unit and flat is £1,250pcm or £15,000 PA = 4.6% Yield PA

Potential rents and Yield – Flat =£1,000pcm and commercial unit = £800 pcm. Totalling to £1,800pcm or £21,600 PA = 6.64% Yield PA

This is a unique opportunity to purchase a ready made income generating investment in a prime location. Please contact our office for further details and to arrange a viewing.

Agents Note

To proceed with purchasing a property in the United Kingdom, all estate agents are legally required to carry out identity checks on every customer involved in the transaction, in line with Anti Money Laundering regulations. We use a trusted third party provider to complete these checks, and a fee applies. If your offer is accepted, the cost of this check is a non refundable £30 plus VAT, totalling £36 per buyer.

Disclaimer

These particulars are intended as a general guide only and do not constitute any part of an offer or contract. Whilst every effort has been made to ensure the accuracy of the information provided, details should not be relied upon as statements of fact.

Purchasers should satisfy themselves by inspection or otherwise as to the correctness of all information, including measurements, floor plans, photographs, tenure, council tax banding, service charges, ground rent, lease details and planning permissions.

Floor plans and measurements are approximate and for illustrative purposes only. Fixtures, fittings and appliances referred to in these particulars have not been tested and no guarantee is given as to their condition or working order.

Photographs, virtual tours and computer-generated images may have been taken at different times and may not accurately reflect the current condition of the property. Prospective purchasers are advised to carry out their own investigations and seek appropriate professional advice before proceeding.