2 Great Underbank, Stockport (completed)
The property is prominently located at the junction of Great Underbank and Bridge Street. This part of the street is pedestrianised and is close to the busy junction between Merseyway and Warren Street. Retailers nearby include; Bank, Laura Ashley, Greenwoods, HSBC and Virgin Money.
The premises are arranged on ground and first floors and have the following approximate areas:
Ground Floor 244.70 sq m 2,634 sq ft
First Floor 184.70 sq m 1,988 sq ft
Total 429.40 sq m 4,622 sq ft
The property is held by way of a full repairing and insuring lease for a term expiring on 23rd June 2019, subject to a rent review on 24th June 2014.
The property benefits from A2 planning consent. Alternative uses may be considered on application and subject to the required consents.
The current rent passing is £90,000 per annum exclusive.
The property is available by way of assignment or underlease. Incentives available, subject to covenant strength.
Rateable Value: £110,000
UBR 2013/14: £0.471
Rates payable 2013/14: £51,810.00
Interested parties are advised to make their own enquiries with the local rating authority on 0161 474 5188.
Strictly by appointment with the Richard Lucas Property Consultants Ltd.