TO BE SOLD BY ONLINE AUCTION ON 6TH DECEMBER 2023 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
32 Riddings Rd Timperley, Altrincham WA15 6BP
This commercial property is located in a sought-after residential area. Its location provides excellent visibility and constant foot traffic. with a three-bedroom flat above.
Currently, the premises are occupied by a thriving food chain, with a well-established and reliable tenant in place. Please refer to the legal pack for the lease length. This ensures a steady stream of rental income of £15,840 per annum offering a secure and lucrative investment for potential buyers. The next rent review is set for the 24th of March 2028, the flat above is included with the current lease and used as storage. this could also be used as an additional income stream once separated. please refer to the legal pack for more information on the lease.
The property benefits from a large garden to the rear. has the potential to be extended to the rear as neighbouring buildings have done so and into the loft space making more space for potentially adding more flats.
Located in the heart of Timperley, this property benefits from a vibrant community ensuring a constant flow of potential customers, and the property's proximity to residential areas adds to its appeal.
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65-81 St Petersgate
Stockport
Cheshire
SK1 1DS