Office for sale in Middle Hillgate, Stockport SK1

Location:

The property is located on the corner of Middle Hillgate and Bamford Street in Stockport Town Centre.
Stockport is currently going through a £1 billion investment, with the new to be built Stockport Bus Interchange less than a mile away and the train station half a mile away providing direct access to London Euston in approx two hours. There is a range of commercial and residential property in the surrounding area.

Description:
The property comprises of basement to second floor of the main building, with a ground floor annex attached. The ground floor annex has its own separate entrance off Bamford Street and comprises of two open plan rooms with separate kitchen and WC facilities. The main building comprises of an entrance off Middle Hillgate and an entrance off Bamford Street directly into the basement. The basement has been fully equipped with carpeted floors and a series of four rooms which are in excellent condition with WC and kitchen facilities. The ground floor comprises of an entrance hallway with a large L shaped open plan office available to the right, which has a ramp for disabled access. There is plenty of natural light with the high ceilings and includes pendant lighting. There is a disabled WC to the rear.

As you walk back into the hallway, you approach a large spiral staircase leading to the first floor. The first floor comprises of a kitchen with three reasonable sized office rooms and one large open plan office to the front of the building overlooking Middle Hillgate. There is a further spiral staircase which leads to the second floor, comprising of a further four office rooms off the lobby including male and female wc’s. The property is heated via gas central heating.

To the side of the building is a car park for approx four cars. The property is let in its entirety to Stockport Advocacy Trust Ltd on three separate leases with all leases expiring 28th February 2025.

Accommodation

Ground Floor Annex 480 sq ft
Main Building
Basement 1,079 sq ft
Ground Floor 720 sq ft
First Floor 1,054 sq ft
Second Floor 846 sq ft
Total 4,179 sq ft

Lease Terms

The property is let on three separate five year leases on internal repairing and insuring terms all expiring 28th February 2025

Rent

Ground Floor Annex - £4,200 per annum

Main Building
Basement £4,961.25 per annum
Ground/First/Second £20,396.25 per annum

Total £29,557.50 per annum

Sale Price £495,000 subject to contract

Services Mains services are available to the property comprising electric, gas, water and drainage.

EPC Energy Rating D

Rateable Value The property has two separate rateable values

Ground Floor Annex rv - £3,500

Main Building
Basement, Ground, First and Second floor rv - £17,500

Contact us
Johnathan Poole