Gatley, 47 & 47A Gatley Green

Property Type:
  • Investment
Tenure Type:
  • To Buy
Space: 988 SqFt
Price: £225,000
Property Particulars: Property Particulars
Address:
47 & 47A Gatley Green, Gatley SK8 4NF

For Sale - Mixed used incoming producing investment - 1,250 sq ft.

LOCATION
The property occupies a prominent position within Gatley Green’s retail parade, occupiers in the immediate vicinity include Tesco Express.

Gatley Village boasts several retailers including Costa Coffee and The Co-Operative Food Store along with a host of pubs and restaurants.

The motorway network (M60/M56) and Manchester International Airport are within 5 minutes' drive of the town. Whilst the A34 provides swift access neighbouring towns; Cheadle Hulme< Handforth and Wilmslow. Manchester City Centre is approximately 10 miles to the North.

DESCRIPTION
The ground floor retail unit is currently let for a term of 5 years from June 2020, paying £7,000 per annum, their lease expires  5th August 2029.

The first-floor residential dwelling is currently let on an Assured Tenancy at £7,200 per year. The tenant is currently holding over.

The shop comprises of one large retail area, currently utilised as a male hairdressing salon. With WC, kitchen and small storage area to the rear. The property is secured via an electric roller shutter.

The first-floor dwelling consists of a spacious living area and bedroom, with a fully equipped kitchen to the rear.

A small courtyard to the rear provides access to retail property and flat via an external staircase.

FLOOR AREAS
Ground Floor : 518 sq ft
First Floor: 470 sq ft
Total: 988 sq ft

TENURE
Freehold. Title No. GM599892

SALE PRICE
£225,000

Contact Information
Phone: 01625 800066

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