Profitable Investment Property in Stalybridge Manchester with High-Traffic and Ample Parking
Stalybridge, Manchester
- Status
WITHDRAWN
- Advert ID
626817
- Reference
10955 / Rightbiz
- Call Agent:
- Freehold: £159,950
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
Investment Property in Stalybridge
Rent £8,320 per annumEntire property is let to owner operator
trading as an off licence, newsagents and convenience store
6 year lease from 31 August 2022 with 3 yearly rent reviews
Regular passing trade
Within large residential area
On street parking
INVESTMENT PROPERTY: (OFF LICENCE/ NEWSAGENTS/CONVENIENCE STORE) STALYBRIDGE: Large semidetached property, annual rental income £8,320, property is let by a FRI 6 year lease from 31 August 2022 with 3 yearly rent reviews
LOCATION
Stalybridge is a town in Tameside, Greater Manchester, England. Historically a part of Cheshire, it is 8 miles east of Manchester city centre and 6 miles north-west of Glossop. The nearest point of access to the motorway network is approximately 1 mile from the southern boundary of the town at junction 4 of the M67. The M67 is a feeder to the M60 Manchester orbital motorway and the city of Sheffield. The A635 A road passes through the town and the A6018 commences at Stalybridge.
76 Lindsay Street is an excellent location just off a busy main road, surrounded by a large residential area with high levels of passing trade.
PROPERTY DESCRIPTION
The entire property is let to an owner operator trading as a local convenience store, newsagents and off licence. Held by way of a 6 year full repairing and insuring lease from August 2022 with 3 yearly rent review with an annual rent of £8,320.
Entrance, shop floor providing service counter, display shelving, drinks display fridge, alcohol display area, rear store room and exit to yard.
The First floor provides store room and staff room.
The Second floor provides bathroom and store room.
Shop floor areas
Description Area m²
Ground floor retail zone a23.41
Ground floor retail zone b 6.51
Ground floor retail zone b 7.06
First floor internal storage24.86
Second floor staff toilets 4.8
Second floor internal storage 9.1
Total 75.74 m²
these are sizes from the business rates valulation office.
TITLE NO: GM440800
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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