Seven-figure sum for business units

MORE THAN £1 million is wanted to buy a row of five units right in the middle of Stalybridge town centre.

And the Melbourne Street site is being billed as an ‘opportunity to enhance overall income.’

The five – including a branch of national bakery chain Greggs – have been placed on the market, along with the apartments above, but it does not mean the businesses will disappear and there are no plans for them to close.

Even if nothing is done with the area, the current business and accommodation bring in more than £92,000 a year.

And documents reveal how long the current tenants – a greetings card shop, a café, a carpet store and a hair and nail salon – have on their current leases.

Described as ‘a mixed use investment located in main retail core of Stalybridge,’ the row – on the market for £1.2 million – comprises five ground floor retail units and five one-bedroomed first floor apartments, which were ‘recently converted to a high specification’ in what used to be a nightclub.

In financial terms, it is an ‘opportunity to enhance overall income. Town centre location within the main pedestrianised street directly adjacent to Wetherspoon’s.’

It is also described as being in close proximity to Summers Quay and the new Pattern and Cheetham House Developments and being within 0.3 miles of both Stalybridge bus and train stations.

Stalybridge town centre has been the centre of progress in terms of new businesses being set up and Street Fest held monthly at Armentieres Square, with artisan markets at the Civic Hall being successful.

However, there are still issues, with The Correspondent understanding signage relating to a mattress and bed company has not gone down well with local leaders.

As of yet, there has been no indication of whether anyone has bought the row or of there are any plans to change it.

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