Property Details
Pugh Auctions
Lot 018
Lot 018
Auction: April 2018

Unit 1, 2-10 Princes Street, Stockport, Cheshire, SK1 1SE

Property Details
Location

The property is located in an established & busy town centre position fronting on to Princes Street which is accessed from Great Egerton Street (A560). The town's main retail core is in close proximity and the town's railway station is around 600 metres away.

Description

To be offered by Auction. Freehold town centre retail investment let to Cash Converters by way of a FRI lease at a current rent reserved of £30,000 per annum. The property comprises a two storey semi detached retail unit with rear service area.

Accommodation

We detail below the following accommodation and approximate net internal floor areas:
Ground Floor- Sales & Storage- 258 sq m (2,776 sq ft)
First Floor- Storage & Staff Areas- 162 sq m (1,743 sq ft)
Total: 420 sq m (4,519 sq ft)

Outside

Rear service yard & parking area.

Planning

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

Tenancy

The whole of the property is let to Cash Converters (UK) Limited (Company Number 03096334) by way of a 10 year FRI lease from 4th January 2011 at a current rent of £30,000 per annum.

VAT

VAT is payable in addition to the purchase price although the sale is intended to be treated as a TOGC.

Addendum

SOLD PRIOR to auction.

Property Location Address:
Unit 1,
2-10 Princes Street,
Stockport,
Cheshire,
SK1 1SE
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Auction Details
Auction: April 2018 Date: 17th April 2018 Lot Number: 018 Doors Open: 9:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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