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161-161A Councillor Ln
Cheadle SK8 2JE

Retail Property For Sale

Shops & Retail Properties Lancashire 161-161A Councillor Ln, Cheadle, CHS SK8 2JE

Investment Highlights

  • Property occupies a prominent position on the retail parade
  • Junction 2 of the M60 is within close proximity of the property
  • Ample customer parking

Executive Summary

The shop comprises of one large retail area, currently utilised as discount retailer store. Towards the rear of the shop there is a small kitchenette, WC and large storeroom.
The first-floor dwelling consists of a two-bedroom apartment with spacious living fully equipped kitchen and bathroom.
A small courtyard to the rear provides access to retail property and flat via an external staircase.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,301 SF
Building Class
B
Year Built
1970
Price
£225,000
Price Per SF
£173
Net Initial Yield
6.40%
NOI
£14,400
Tenancy
Single
Number of Floors
2
Frontage
19 ft on Councillor Lane
 

  • Listing ID: 31339610

  • Date on Market: 27/03/2024

  • Last Updated:

  • Address: 161-161A Councillor Ln, Cheadle SK8 2JE

The Retail Property at 161-161A Councillor Ln, Cheadle, SK8 2JE is currently available for sale. Contact Williams Sillitoe Commercial for more information.

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