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Lot 11 Sold: £131,000

Auction: Thursday 10th September 2026

144 Turves Road, Cheadle Hulme, Cheshire SK8 6AW

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Lot 11   Click here for addendum

Retail Investment - Gross Yield 10.1%
6 Week Completion

Situation

Located close to the junction with Cheadle Drive within this established parade which includes Domino's and Co-op as well as a host of independent retailers, all serving the surrounding residential population.
Cheadle Hulme is a popular suburb situated some 8 miles south of Manchester city centre, enjoying easy access to the M60 Ring Road (Junction 2).

Property

A mid terraced building comprising a Ground Floor Shop with internal access to Ancillary Accommodation on the first floor.
In addition, the property benefits from a rear communal Service Yard for unloading and front lay-by parking.

Accommodation1

Ground Floor Shop
Gross Frontage 17'3"
Built Depth 40'9"
Area Approx. 624 sq ft incl. WCs
First Floor Ancillary
Area Approx. 131 sq ft
 
Total Area Approx. 755 sq ft

1Not inspected by Barnett Ross.  Areas taken from VOA.

VAT is NOT applicable to this Lot

Tenure

Leasehold for a term of 2000 years from 29th September 1987 at a peppercorn ground rent.

Tenancy

The entire property is let on a full repairing and insuring lease to A. U. Rehman (clothing alterations) for a term of 10 years from 4th July 2013 (holding over) at a current rent of £8,600 per annum exclusive.

£2,150 Rent Deposit held.

Enquire about this lot:

Photo of Steven Grossman

Steven Grossman
020 8492 9449
sgrossman@barnettross.co.uk

Photo of Elliott Greene

Elliott Greene
020 8492 9449
egreene@barnettross.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.