436 & 436a Gorton Road, Stockport, SK5 6RS

£125,000

Guide price

For sale via Pearson Ferrier Auctions starting Tuesday 29th October, bidding will be on the Pearson Ferrier website and you can register to bid now. An ideal tenanted investment with combined income of £16,800PA. The property comprises a shop to the ground floor with a flat with a separate entrance to the first floor. This is an ideal buy to let property with both properties having tenants in place. The property is located close to Reddish North train station and has good access to the M60 motorway. The shop currently has a reception area, two treatment rooms, kitchen, W.C. and hallway. The first floor flat has it's own entrance from ground floor level and comprises an open plan living area with kitchen, bedroom and bathroom. Guide Price £125,000 - £150,000. Buyers are advised to check the legal pack before bidding, this will be available on the Pearson Ferrier website via the bidding window on the property when available. Any changes to the details will be updated on the Pearson Ferrier website before the auction.

Ground Floor Shop

Reception Room

2.9 x 2.1 (9'6 x 6'10 )

Has a door to the front and two front facing windows.

Treatment Room 1

3 x 2.1 (9'10 x 6'10 )

Treatment Room 2

3.3 x 3 (10'9 x 9'10 )

Has a shower.

Kitchen

2 x 1.2 (6'6 x 3'11 )

Has a door to the rear yard, a side facing window, base units with work surfaces and a single sink unit with drainer.

W.C.

Has a W.C..

Rear

Small yard area.

First Floor Flat

Hallway

Is on the ground floor with stairs to the first floor.

Open Plan Living Area

4.6 x 4 max (15'1 x 13'1 max)

Has a rear facing window, two radiators and three ceiling light points.

Bedroom

3 x 2.28 (9'10 x 7'5 )

Has a front facing window, radiator and ceiling light point.

Bathroom

Has a rear facing window, radiator, ceiling light point, storage cupboard and a three piece suite comprising bath, W.C. and sink.

Additional Information

Tenure - Leasehold 965 years from 7th June 1907 with a ground rent of £5 per year.

Council Tax for 436a - Band A

Business Rates for 436 - £5,600 per year

EPC for 436a - E 54/73

EPC for 436 - D - 87

Solicitor - Peter Robinson & Co

Rental for 436 Shop - £800pcm - 3 year lease from 23rd February 2023

Rental for 436a Flat - £600pcm - 6 month tenancy from 26th May 2024

Auction Information

Please note that with the property being tenanted no access will be given for viewings.

The auction is a traditional auction with exchange on the winning bid and completion taking place within 20 working days from the auction (unless stated otherwise in the legal pack).

Buyer's Fees - There is a buyer's premium charge of £2,500 + VAT or 2% of the purchase price (whichever is greater) and a buyer's administration fee of £500 + VAT. If there are any disbursements from the sellers side these will be detailed in the legal pack. Buyer's are advised to check the legal pack before bidding.

Every effort has been made to confirm the accuracy of the details including any defects with the vendor and their solicitor. Pearson Ferrier will not be held responsible for any failure to disclose any such defects. Any purchasers buying without viewing, or if not available carrying out a survey are doing so at their own risk and acknowledge that Pearson Ferrier will not be held responsible for any issues that may arise due to them being unintentionally missed from the advert.