Vehicle Dealership/Redevelopment Opportunity Stockport Rd 9,666 SF Retail Building Hyde SK14 5ET £2,000,000 (£206.91/SF)



INVESTMENT HIGHLIGHTS
- Highly Specified Car Showroom
- Highly prominent location situated fronting the Stockport Road (A560).
- Vacant possession available from April 2025.
- High quality car dealership, fitted to an excellent standard having traded as an approved used car centre for Audi.
- Excellent redevelopment potential, which may appeal for a number of alternative uses (subject to planning)
- Part freehold, part long leasehold. The long leasehold element is held for an unexpired period of approximately 730 years at a peppercorn per annum.
EXECUTIVE SUMMARY
The property having traded for many years under the Audi franchise and is therefore extremely well-presented throughout. The front of the site provides a large high-quality showroom, capable of displaying approximately 6 vehicles. Beyond the showroom is an expansive workshop which provides capacity for 8 vehicle ramps. There is a further 2 bay valeting facility to the rear of the workshop. External areas are utilised for vehicle display and storage purposes, accommodating a total of approximately 115 vehicles.
TERMS We are instructed to seek offers in excess of £2,000,000 subject to contract and exclusive of VAT. TENURE The property is held part freehold, part long leasehold. The long leasehold element outlined blue on the below site plan, is held for a remaining term of approximately 730 years at a peppercorn per annum and therefore confers a virtual freehold.
TERMS We are instructed to seek offers in excess of £2,000,000 subject to contract and exclusive of VAT. TENURE The property is held part freehold, part long leasehold. The long leasehold element outlined blue on the below site plan, is held for a remaining term of approximately 730 years at a peppercorn per annum and therefore confers a virtual freehold.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Auto Dealership
Building Size
9,666 SF
Building Class
B
Year Built
2006
Price
£2,000,000
Price Per SF
£206.91
Tenancy
Single
Number of Floors
2
Building FAR
0.20
Lot Size
1.12 AC
Frontage
65 ft on Stockport Road
AMENITIES
- Security System
- EPC - C
- Storage Space
1 of 1
NEARBY MAJOR RETAILERS



