For Sale Upon instructions of the Joint Fixed Charge Receivers VIEWINGS Strictly by appointment Landwood Group, South Central 11 Peter Street, Manchester M2 5QR Windsor Court, 41 Castle Street, Stockport, SK3 9AQ Positioned close to Stockport Town Centre Freehold mixed use retail/residential investment Fully let currently producing circa 108,000 per annum Date of particulars May 2017 0161 710 2010 or email: Charles.booth@landwoodgroup.com Amy.selfe@landwoodgroup.com
LOCATION VAT All figures quoted are exclusive of VAT which may be applicable. LEGAL Each Party will be responsible for their own legal costs. PRICE The property is located in Stockport, in Greater Manchester approximately 10 miles south-east of Manchester city centre and in close proximity to junction 1 of the M60 motorway. DESCRIPTION The property consists of a ground floor retail unit with 14 no. flats above. All the flats have two bedrooms A list of addresses is contained in the schedule of accommodation enclosed. ACCOMMODATION/TENANCIES Attached is a schedule of accommodation and the building has 100% occupancy and produces an income of circa 108,000 per annum. The flats are let on ASTs and the ground floor retail unit is let on a 6 year lease expiring in November 2017. The tenant has expressed a desire to renew the lease. TENURE We understand the property is held by way of freehold title registered at Land Registry under title no. GM602018. PLANNING Interested parties are advised to make their own enquiries with Stockport Council We are inviting offers of 995,000 for the freehold interest EPC A Full set of EPCs for the properties will be available on request. FURTHER INFORMATION A package of further information regarding the properties, including rents, tenure and photographs is available upon request. IMPORTANT NOTICE Landwood Commercial (Manchester) Ltd for themselves and for the Vendors or Lessors of this property, whose agents they are, give notice that: 1) The information contained within these particulars has been checked and is understood to be materially correct at the date of publication; 2) All descriptions, statements, dimensions, references to condition and permissions for the use and occupation or other details are given in good faith; however, they are made without responsibility and should not be relied upon as representation of fact, intended purchasers or lessors should, by enquiry to our Manchester office, satisfy themselves as to the corrections and availability, in each case, before arrangements are made to view (if the site comprises of buildings); 3) Unless otherwise stated, all prices rents and other charges are quoted exclusive of Value Added Tax (VAT). Any intended purchasers or tenants must satisfy themselves independently as to the incidence of VAT in respect of any transaction; 4) All plant, machinery, equipment, services and fixtures and fittings referred to in these particulars were present at the date of publication. They have not, however, been tested and therefore we give absolutely no warranty as to their condition or operation; 5) These particulars do not constitute part of an offer or contract; 6) The vendors or lessors do not make or give and neither do Landwood Commercial (Manchester) Ltd, nor any person in their employment have any authority to make or give any representation or warranty whatsoever in relation to this property
SCHEDULE OF ACCOMMODATION 41 Castle Street Description Floor Description Floor area (sqm) Floor area (sqft) Retail unit Ground Open plan shop with kitchen and WC facilities to the rear. Includes three garages to the rear. 339.78 (NIA) 3,657 (NIA) Windsor Court Flats Floors Description per flat Floor area (sqm) Floor area (sqft) 1-14 First and second Two bed flat with open plan kitchen/living room 48.5 522 TOTAL 679 7,309
Information Pack The development comprises a ground floor retail unit with 14no. two bedroom flats above.
Property Address Property Postcode Vacant/Tenanted Size SF Contracted rent PCM Contracted Rent PA Type Tenure 41 Castle Street SK3 9AQ Tenanted 3,657 (NIA) 2,500 30,000 Ground floor shop Freehold title no. GM602018 Flat 1 Windsor Court SK3 9AQ Tenanted 522 425 5,100 FF flat Freehold title no. GM602018 Flat 2 Windsor Court SK3 9AQ Tenanted 522 475 5,700 FF Flat Freehold title no. GM602018 Flat 3 Windsor Court SK3 9AQ Tenanted 522 475 5,700 FF flat Freehold title no. GM602018 Flat 4 Windsor Court SK3 9AQ Tenanted 522 475 5,700 FF flat Freehold title no. GM602018 Flat 5 Windsor Court SK3 9AQ Tenanted 522 475 5,700 FF flat Freehold title no. GM602018 Flat 6 Windsor Court SK3 9AQ Tenanted 522 475 5,700 FF flat Freehold title no. GM602018 Flat 7 Windsor Court SK3 9AQ Tenanted 522 475 5,700 FF flat Freehold title no. GM602018 Flat 8 Windsor Court SK3 9AQ Tenanted 522 425 5,100 SF flat Freehold title no. GM602018 Flat 9 Windsor Court SK3 9AQ Tenanted 522 475 5,700 SF flat Freehold title no. GM602018 Flat 10 Windsor Court SK3 9AQ Tenanted 522 475 5,700 SF flat Freehold title no. GM602018 Flat 11 Windsor Court SK3 9AQ Tenanted 522 475 5,700 SF flat Freehold title no. GM602018 Flat 12 Windsor Court SK3 9AQ Tenanted 522 475 5,700 SF flat Freehold title no. GM602018 Flat 13 Windsor Court SK3 9AQ Tenanted 522 475 5,700 SF flat Freehold title no. GM602018 Flat 14 Windsor Court SK3 9AQ Tenanted 522 475 5,700 SF flat Freehold title no. GM602018
Photo Schedule
Kitchen Bedroom Kitchen
Living Room Bathroom Living Room
Living Room Kitchen Living Room