Cheadle Road, Stoke-On-Trent, ST11
£150,000 Freehold
2
1
1
Key Features:
- 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
Summary:
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.
Full Details:
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
Kitchen 12' 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.
Bathroom 5' 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 Room 11' 11'' x 13' 0'' (3.63m x 3.97m)
With carpeted floor, electric heater, feature hearth within inset fire, Power Point, aerial point.
Bedroom 1 9' 4'' x 5' 3'' (2.84m x 1.61m)
With carpeted floor, electric heater, Power Point.
Bedroom 2 8' 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
Viewing & Disclaimer:
Please contact us on 01782 847083 / 01538 753177 if you wish to arrange a viewing appointment for this property, or require further information.
Keates - STK1 endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
