TO BE SOLD BY ONLINE AUCTION STARTING 26TH OCTOBER 2022.
156-158 Market Street, Hyde.
Pair of shops and two flats to be sold as an investment.
The lot on offer comprises two retail units let to long term tenants with two separate flats over again let to long term tenants.
The Barbers shop (158) is well-presented with a large salon area and kitchen, WC and ancillary space, the General Store (156) has retail space, rear storage, kitchen, WC and further storage.
We have not been able to inspect the flats but are advised that they are separate, being a one bedroom and two bedroom flat.
Externally there is a yard/parking space via gates and a further covered storage space used by the General Store. Access to the flats is separate with a staircase to the rear.
We are awaiting sight of leases but are advised that the income is circa £23,000 per annum combined with scope for increase on all parts.
Tenure: Freehold yearly rentcharge £8. 8s. 0d.
Council tax bands for flats: Both A
Rateable values: 156 Market Street: £5,600 per annum. 158 Market Street: £7,500 per annum.
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65-81 St Petersgate
Stockport
Cheshire
SK1 1DS