Auction Sale… Mixed Use Investment, Stalybridge SK15

Property Details

AUCTION PROPERTY … NEW INSTRUCTION … 9th January 2025

Starting Bid £350,000

Full details / Link Available for Registration & Bidding

Property Details …

Well-presented mixed use property that is already well-known within the local community. This building is suitable for investors or individuals looking to start a new venture. The Hotel benefits from the bar/Restaurant on the ground floor, with the upper two floors as a two-bed apartment and letting room

The prospective new owner will benefit from the supermarkets, cafes, bistros and bars of Stalybridge on your doorstep, with Stalybridge train station a short stroll away offering ease of access into Manchester City Centre and beyond.

Property Information – Ground floor: trading as a public house
First floor: 2 bedroom s/c apartment and 2 letting rooms (shared kitchen and bathroom facilities)
Second floor: 4 letting rooms (shared kitchen and bathroom facilities)

The building is currently let at £39,000pa with the lease expiring October 2025. The tenant pays the rent weekly and has not missed any payments nor are they behind.

Recent renovations on replacing first floor windows, major roof repair, insulation of the whole building and installing solar panels, resulting in a much-improved EPC.
Further details can be shared with interested parties.

 

Sale Process: 

28 Day Sale …Full Terms Available

Buyers Premium £2,995 +VAT on top of Hammer Price

Type

Mixed Use Investment

Tenure

Freehold

Location

Stalybridge SK15

Status

Current Rental

Current Outgoings

Council Tax Band

Works Required

Lettings & Management

EPC

Floor Plan

Property Reference

SK15