Cheadle Road, Stoke-On-Trent£150,000
On MarketKeates - 01782 84708300004404
- Mixed Use Investment Property
- Shop rented for £530.75 pa
- Flat Rented for £530 pcm
- EPC being renewed
- Suite a variety of uses subject to planning
- Ask an adviser to book your viewing
A mixed-use investment property. Currently a ground floor sandwich shop with first floor flat over. Passing income £1060.75 pcm. Ground floor retail premises currently used as a sandwich shop approximately 22 m² comprising open plan, kitchen and display space, wc at the rear. Accessed at the rear isa self-contained flat with double glazing and electric heating. Accommodation comprises kitchen and bathroom at ground floor level with two bedrooms in the living room to the first floor.
- Location
Located on Cheadle Road the property is situation close to Blythe Bridge High school. Near by occupiers include Spa.
- Planning
Currently used as cold food takeaway with a flat over.
- Area and Rating
The shop has a current rateable value of £3400 pa and an approximate area of 22 sqm. The flat occupies 38 sqm. Total approximate area 60 sqm.
- Shop
Retail space currently occupying approximately 20sqm with a counter, displays and front seating area.
- WC
Staff toilets approx 1.43 sqm
- Flat
- Ground Floor
- Kitchen12' 7'' x 5' 2'' (3.83m x 1.57m)
Modern fitted kitchen with cream wall and base units granite effect surfaces over. Tile effect floor. Includes cooker point, Washer point, built-in cupboard.
- Bathroom5' 3'' x 6' 6'' (1.61m x 1.97m)
Modern fitted bathroom suite and white with WC, basin and panel bath. Part tiled walls and tile effect floor. Includes electric heater and extractor fan.
- First Floor
- Landing
With carpeted floor. Stairs off.
- Living Room11' 11'' x 13' 0'' (3.63m x 3.97m)
With carpeted floor, electric heater, feature hearth within inset fire, Power Point, aerial point.
- Bedroom 19' 4'' x 5' 3'' (2.84m x 1.61m)
With carpeted floor, electric heater, Power Point.
- Bedroom 28' 4'' x 11' 9'' (2.53m x 3.59m)
With carpeted floor, electric heater, Power Point.
- Outside
At the rear is a small paved yard with side pedestrian access.
- Leases & Income
The ground floor shop is let for a rental of £530.75 on an IRI basis with the upper floor leased at £530 pcm making a total income of £1060.75 pcm. Annualized at £12,729
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