£495,000
(£259.57/sq. ft)
Retail premises for sale50-54 Market Street, Disley, Stockport SK12
1,907 sq. ft
Just added
Freehold
About this property
Investment opportunity with A net initial yield of 8.38%
Established & reliable income stream
Prominent village centre position
Desirable semi-rural location
Description
The subject property comprises a traditional mid-terrace mixed-use building beneath a pitched roof, comprising a ground floor retail unit, two self-contained residential flats above, and a rear outbuilding.
Ground Floor - Retail Unit:
The ground floor comprises a self-contained retail unit extending to approximately 1,070 sq ft (99.42 sqm), currently trading as a Chinese restaurant. The unit benefits from a prominent frontage onto Market Street. The current occupier has traded from the premises for approximately eight years, with rent paid consistently throughout the tenancy.
Upper Floors - Residential Accommodation:
The upper floors provide two self-contained residential flats extending to approximately 764 sq ft (70.97 sqm) combined.
Outbuilding - Storage:
The property also benefits from a rear outbuilding extending to approximately 73 sq ft (6.77 sqm), currently utilised for storage purposes.
Location
Disley is a Cheshire village situated on the edge of the Peak District National Park, south of Stockport and close to New Mills and Whaley Bridge. Whilst retaining a semi-rural character, the village serves as a commuter location for Greater Manchester.
The village benefits from good transport links via Disley railway station on the Buxton Line, the A6 trunk road, and nearby access to the M60 motorway.
Market Street forms the principal retail area within the village centre, accommodating a range of independent retailers, cafés, restaurants and licensed premises. The subject property is situated adjacent to the Co-Operative Food store, benefitting from strong pedestrian footfall and roadside visibility generated by both local residents and visitors to nearby Lyme Park.
Viewings
Strictly by appointment only with sole agents Hallams Property Consultants.
Tenancy Information
15 year lease dated 2025, with break options at year 2030 and 2035.
Proposal
Offers are sought of £495,000 (Four Hundred and Ninety Five Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level would reflect a Net Initial Yield of 8.38% assuming purchaser’s costs of 3.68%
The subject property comprises a traditional mid-terrace mixed-use building beneath a pitched roof, comprising a ground floor retail unit, two self-contained residential flats above, and a rear outbuilding.
Ground Floor - Retail Unit:
The ground floor comprises a self-contained retail unit extending to approximately 1,070 sq ft (99.42 sqm), currently trading as a Chinese restaurant. The unit benefits from a prominent frontage onto Market Street. The current occupier has traded from the premises for approximately eight years, with rent paid consistently throughout the tenancy.
Upper Floors - Residential Accommodation:
The upper floors provide two self-contained residential flats extending to approximately 764 sq ft (70.97 sqm) combined.
Outbuilding - Storage:
The property also benefits from a rear outbuilding extending to approximately 73 sq ft (6.77 sqm), currently utilised for storage purposes.
Location
Disley is a Cheshire village situated on the edge of the Peak District National Park, south of Stockport and close to New Mills and Whaley Bridge. Whilst retaining a semi-rural character, the village serves as a commuter location for Greater Manchester.
The village benefits from good transport links via Disley railway station on the Buxton Line, the A6 trunk road, and nearby access to the M60 motorway.
Market Street forms the principal retail area within the village centre, accommodating a range of independent retailers, cafés, restaurants and licensed premises. The subject property is situated adjacent to the Co-Operative Food store, benefitting from strong pedestrian footfall and roadside visibility generated by both local residents and visitors to nearby Lyme Park.
Viewings
Strictly by appointment only with sole agents Hallams Property Consultants.
Tenancy Information
15 year lease dated 2025, with break options at year 2030 and 2035.
Proposal
Offers are sought of £495,000 (Four Hundred and Ninety Five Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level would reflect a Net Initial Yield of 8.38% assuming purchaser’s costs of 3.68%
Mortgage calculator
Monthly repayment
£2,476 per month
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