High street retail unit in Stockport sold.
Acting on behalf of private clients, Edwards & Co have sold the freehold interest in this prominent high street retail unit in Stockport.
The retail unit is let to William Hill with c. 4 years unexpired and the first floor residential flat is let separately. Together they produce a total annual rental income of £21,640.
The property was sold via auction, jointly with Acuitus, for £225,000, reflecting a Net Initial Yield of 9.4%. For further information contact Martin Hamer.