Property Information
Address:
9 Wilmslow Road, Cheadle, Cheshire
, SK8 1DW
Price: Property no longer available.
Size: 400 sq ft37 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH328338
Property Ref/Agent: 9 Wilmslow Road
*Please use the agent ref when calling the agent directly.
Property description
LOCATION:
The shop adjoins Tesco Express and is directly opposite Cheadle Post Office close to the junction of Wilmslow Road and High Street in the centre of Cheadle.
The main town centre car parks are located immediately to the rear of the property, which are accessed by the Rectory Court Shopping Mall.
DESCRIPTION/CONSTRUCTION:
The property comprises an existing two storey retail shop, currently fitted out and trading as a jewellers. Internally the accommodation provides a front sales area, plus rear office/work room with W.C./washroom together with first floor store rooms.
Planning permission has been granted in relation to the land to the rear of the property for the development of a two storey extension which is designed to be sub-divided to provide 3 self-contained apartments.
Cheadle has a strong local residential market.
ACCOMMODATION:
External Frontage: 14ft (4.27 metres)
Internal Width: 13ft (3.96 metres)
Built Depth: 30 ft (9.14 metres)
Ground Floor Gross Internal Floor Area:- 400 sq ft (37.16 metres square).
Vacant Land: 1,000 sq ft (92.9 sq.m.)
Note: Dimensions are approximate and for guidance purposes only.
RATEABLE ASSESSMENT:
For information relating to the Rateable Value go to:-
www.voa.gov.uk
PLANNING PERMISSION:
Planning permission was granted by Stockport MBC on the 24 October 2014 for the construction of a two storey extension to the rear of the existing property to provide 2 one-bedroom apartments. The scheme also includes the conversion of the upper floor of 9 Wilmslow Road in order to create a further 1 bedroom apartment.
A copy of the planning documentation is available from the agents.
TENURE:
We understand the property is freehold.
TENANCIES:
The shop is currently held on a full repairing and insuring lease which expired in March 2012. The passing rent is £15,500 per annum and the tenant is holding over under the terms of the original tenancy.
PURCHASE PRICE:
£275,000 subject to contract.
VIEWINGS:
Viewings will be undertaken strictly by appointment with the Agents IMPEY & COMPANY on 0161-477-0444 or via Joint Agents, GARNER & SONS on 0161 480 3013.
WEB SITE:
Visit Impey & Company web site at:
www.impey.co.uk
POSSESSION:
Possession is available upon completion of the legal formalities.
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