Stockport, Manchester, ID 212330
Sovereign are delighted to bring to the market this attractive mixed-use investment property, ideally positioned in the popular and well-established village of Gatley, Stockport. The property comprises a ground floor commercial unit currently trading as an established fish and chip shop, together with first floor residential accommodation. The ground floor is occupied by a long-standing tenant, providing an incoming purchaser with an established rental income from day one. The first floor has been sublet and provides well-proportioned residential accommodation comprising one double bedroom, a separate lounge, and kitchen area. This creates an appealing mixed-use investment, combining commercial and residential rental income within one manageable property. We are advised that the property is currently let under an existing FRI lease expiring in 2037, with the next rent review due in 2027. The current annual rent for the whole property is £16,800 per annum. Although the current rent provides a stable income stream, there may be scope in the future to bring the rent more closely in line with current market levels for similar retail premises with self-contained residential accommodation in the area, subject to the terms of the lease, rent review provisions, and market conditions at the relevant time. We are further advised that no VAT is payable on the sale price, which may be attractive to a range of investors. Gatley is a desirable South Manchester / Stockport suburb with a strong local community, excellent surrounding residential catchment, and good local amenities. The property is well placed for passing trade, local transport links, and nearby commuter routes, making it an attractive long-term investment location. This opportunity is likely to appeal to private investors, commercial landlords, pension investors, and buyers seeking a straightforward mixed-use property investment in a well-regarded Greater Manchester location, with established income and potential future rental growth. Further information, including lease details, rental information, and viewing arrangements, can be made available to genuinely interested parties. Mixed-use investment property in Gatley, Stockport Ground floor fish and chip shop with long-standing tenant First floor one-bedroom residential accommodation Current rental income of £16,800 per annum Lease advised to expire in 2037 Next rent review due in 2027 Potential scope for future rental growth No VAT payable on the sale price Popular South Manchester / Stockport location
