TO BE SOLD BY ONLINE AUCTION ON 15TH MAY 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
301 - 305 London Rd, Hazel Grove, Stockport SK7 4PS
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This commercial property occupies a large plot over 2,895 sqft, along the busy high street of Hazel Grove. Comprising of three commercial premises combined into one shop. The location provides excellent visibility and constant foot traffic, McDonalds and Hazel Grove train station are just across the road, making it an ideal investment opportunity.
Currently, the premises are utilised as a thriving Pub & Restaurant with an established tenant in place. The existing lease commenced on the 9th of August 2021 for 7 years. The current rent is £25,200 per annum, rent increases on the 8th of August 2024 to £27,500 per annum. They transformed the decor of the building throughout. A modern design with the tenants having a longstanding business relationship in the Stockport area and well known among the community.
The property briefly comprises of an extensive shop front, rear lounge area, A disabled toilet, kitchen and a storage room on the ground floor plus two segregated bathroom facilities. The live-in accommodation comprising: bedroom, kitchen and a bathroom are on the first floor. The staff bathroom which is also for customer use include facilities with urinals, several wash basins and a few low level WC fittings within a cubicle.
Exterior of the property includes a large plot of land at the back with the potential of an extension subject to planning. A pay & display car park is available to the rear which is free after 7pm.
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65-81 St Petersgate
Stockport
Cheshire
SK1 1DS
