Grenville Street, Edgeley, Stockport

£175,000 Under Offer
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Property Summary

Investment Opportunity With A Potential 9.9% Rental Yield*. Sought After Location. Well Presented Throughout. Private Good Sized Rear Garden. Must Be Viewed!

Full Details

Joules bring a rare opportunity to acquire this mixed commercial/residential investment opportunity in the heart of Edgeley.
This well appointment property comprises: ground floor double fronted commercial premises currently offered with vacant possession.
There is an equally well presented apartment over with tenants who have been in occupation on an AST for over 7 years with a rental income of £8,400 pa.

Briefly comprising:
Commercial Unit : 'L' shaped main sales room and preparation room, storage/preparation room and wc/wash room. (fittings not included)
Residential Duplex Flat: Ground floor entrance, utility room, multipurpose room with stairs to the main flat. First floor with lounge/dining room, double bedroom, kitchen and shower room. (tenants furniture)
Outside to the rear is a large enclosed lawned garden.

Situated at the Castle Street end of Grenville Street with short stay on road parking and a number of pay and display carpark facilities close by. Castle Street is the main retail centre of Edgeley offering a varied array of shops, cafes and public houses.

Close to the centre of Stockport which is currently undergoing massive redevelopment with multi million pound investments. Mainline rail links, M60 motorway connection. Manchester International Airport is approximately 25 minutes drive away.

COMMERCIAL

Main Sales/Preparation Room
8.61m x 5.05m (28'3" x 16'7")
'L' shaped room. Maximum measurements.
28'3" to 15'5" x 16'7" to 8'6
Double fronted with roller shutters. Main sales area open to preparation area. Fire door to rear. Trap door giving access to a handy cellar space, previously utilised as a storage area.

Store/Preparation Room
2.67m x 2.29m (8'9" x 7'6")
Situated off the main area. Internal glass block window. Single drainer stainless steel sink unit.

Wash Room/WC
Wash hand basin with Galaxy Aqua water heater. Folding door to WC with low level toilet

DUPLEX APARTMENT

Entrance
Accessed via the side elevation through two lockable gates..
Private PVC entrance door

Utility
2.64m x 2.06m (8'8" x 6'9")
Double glazed window with obscure glass to the rear elevation. Range of kitchen units, single drainer stainless steel sink unit with mixer tap, tiled splashbacks and floor, plumbed and access for an automatic washing machine. Door to multi purpose room

Multi Purpose Room
2.97m x 2.29m (9'9" x 7'6")
Plus door recess.
Double glazed window to the side elevation. Tiled floor, built in storage cupboard with drawers below, built in meter cupboard, stairs to the main apartment.

First Floor

Stairs and Landing
Access to all first floor rooms. Open balustrade to stairwell. Loft access hatch

Lounge/Dining Room
5.03m x 3.66m (16'6" x 12'0")
Two double glazed windows to the front elevation. electric heater

Kitchen
2.44m x 1.70m (8'0" x 5'7")
Open to landing area.
Double glazed window with obscure glass to the rear elevation. Single drainer stainless steel sink unit with mixer tap, cupboard below, drawer unit. Built in electric oven and hob with cooker hood above. Work surface with tiled splashback. Space for under unit fridge. electric heater

Bedroom
4.19m x 3.23m (13'9" x 10'7")
Maximum measurements.
Good sized bedroom, double glazed window overlooking the rear garden, electric heater

Shower Room
Corner shower cubicle housing Triton shower, pedestal wash hand basin, low level WC. Tiled splashbacks, chrome heated towel radiator. Double glazed window with obscure glass to the side elevation

OUTSIDE

Front
Hardstanding to the front

Rear
Good sized enclosed predominantly lawned garden, patio area abutting the property. Mature bushes and shrubs. Fenced and brick wall boundaries.

Services
Available services include electricity, water and drainage. The current owners have advised that the commercial unit and residential apartment have separate meters for electric and water.