The property is located on the High Street (A521) in the historic market town of Cheadle situated approximately 11 miles East of Stoke On Trent.
An income producing two storey mid terrace property comprising a ground floor retail space which is now let on a new lease at £8000 p/a plus a separately accessed first floor office currently let producing an annual rental income of approximately £4800.
Ground Floor: Retail, Prep room and store areas totalling 124 sqm / 1334 sq ft
First Floor: Office/Living accommodation totalling 54.7 sqm / 588 sq ft
Rear courtyard with vacant portakabin.
Ground floor - Let on a 5 year lease from 28th February 2019 at £8,000 per annum. Break option available end of year 2.
First Floor - Let on a 5 year lease from 1st June 2018 producing an annual income of £4,800.
Overall the property produces a combined annual income of £12,800.
Energy Performance Certificate = D.
Tenancy details have been updated.
The deposit must be paid in cleared funds
23 High Street, Cheadle, Stoke-on-trent, Staffordshire, ST10 1AA
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Auction: February 2019 Date: 19th February 2019Lot Number: 037Doors Open: 10:30amBidding Starts: 12:00pm
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