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Under OfferFor sale: £4,000,000.00

The Hollins, Stockport Road, Marple, SK6 6AY

General Retail, Mixed Use, Retail, Other Property Types & Opportunities , 0 - 15771 Sq Ft
Property type: General Retail, Mixed Use, Retail, Other Property Types & Opportunities
Tenure: Investment Opportunity, Under Offer, For Sale Freehold
Size: 0 - 15771 Sq Ft
Price: £4,000,000.00
Location: The Hollins, Stockport Road, Marple, SK6 6AY
A neighbourhood retail parade with residential uppers in an affluent location.
Prominent position with extensive frontage onto Stockport Road, the principal retail pitch in Marple.
The retail element is fully let to ten tenants with further income from four residential tenants.
Let to national retailers such as Barclays, Domino's, Greggs, Card Factory and Costa.
WAULT of 5.1 years until expiry and 3.3 years to break.
Freehold.
Asset management opportunities including converting the remaining first floor space to residential apartments or an A3 unit.

We are instructed to seek offers in excess of £4,000,000
(Four million pounds), subject to contract and exclusive of VAT. A purchase at this level reflects a net initial yield of 6.70% after allowing for usual acquisition costs of 6.54%.
( Agency Pilot Software Ref: 2038045 )
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