Property Details
Pugh Auctions
Lot 015
Lot 015
Online Auction
Auction Ends: 14/07/2020 13:15

35-37 Great Underbank, Stockport, Cheshire, SK1 1NE

Property Details
Location

The property occupies a prominent position in Stockport Town Centre, within 100 yards of the entrance to the Merseyway Shopping Centre which is home to a number of national retailers such as Primark, Boots and Costa coffee. Manchester City Centre is situated 6 miles north west.

Description

A large Town Centre mid terrace building comprising accommodation arranged over 4 floors, (including basement) extending to approximately 400 sq m (4300 sq ft) (source EPC). The entire property is let and occupied at a rent of £15,000 per annum although we understand no rent is being collected currently.

Accommodation

Pugh & Co have not inspected the property internally and the following information has been taken from VOA office website;

Ground Floor 
Main retail / sales area 
Basement
Storage
First Floor
Ancillary office accommodation
Second Floor
Ancillary office accommodation

Approx Site Area

Approximately 142 sq m (170 sq yds).

Planning

Interested parties should consult directly with the Local Planning Authority: Stockport Metropolitan Borough Council, Town Hall, Stockport, SK1 3XE. Tel: 01614 804949, Fax: 01614 779530.

Tenancy

The property is let to Tramp Hair Boutique Ltd for a term of 10 years from 14th January 2019 at a current rent of £15,000 per annum. There is a rent review and tenant break option 2024. We are informed that the tenants have been refurbishing the building to allow for business expansion and that no rent is currently being received.

General

Energy Performance Certificate = E.

We are informed that grants for external works may be available and interested parties should consult with Stockport Borough Council.

Property Location Address:
35-37 Great Underbank,
Stockport,
Cheshire,
SK1 1NE
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