Chapel Street, Cheadle, Stoke-On-Trent
£145,000 (Tenant Fees)

  • Mixed Use Commercial Property with Flat Over
  • Motor Spares & 3 Bed Flat
  • Passing Rental £5,304 P.A
  • Prominent Location
  • CEPC Band E Rating 115
  • EPC Band E, Rating 47
Sold STC
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    Chapel Street, Cheadle, Stoke-On-Trent
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    Chapel Street, Cheadle, Stoke-On-Trent
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    Chapel Street, Cheadle, Stoke-On-Trent
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    Chapel Street, Cheadle, Stoke-On-Trent
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    Chapel Street, Cheadle, Stoke-On-Trent
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    Chapel Street, Cheadle, Stoke-On-Trent
  • Chapel Street, Cheadle, Stoke-On-Trent
  • Chapel Street, Cheadle, Stoke-On-Trent
  • Chapel Street, Cheadle, Stoke-On-Trent
  • Chapel Street, Cheadle, Stoke-On-Trent
  • Chapel Street, Cheadle, Stoke-On-Trent
  • Chapel Street, Cheadle, Stoke-On-Trent
  • Mixed Use Commercial Property with Flat Over
  • Motor Spares & 3 Bed Flat
  • Passing Rental £5,304 P.A
  • Prominent Location
  • CEPC Band E Rating 115
  • EPC Band E, Rating 47
Chapel Street, Cheadle, Stoke-On-Trent
Status: Sold STC
Available: NOW
Ref #: 00004533

  01782 418095

A mixed-use commercial premises for sale as a pre-let investment. The premises consists of a motor parts retailer, and a three bedroom flat, which is in need of some modernisation. The motor parts retailer currently generates an income of £5,304 pa., and the flat, when updated, has a with a potential rental of £6,000 pa, making an overall potential rental figure of £12,500 pa.


Location / Situation

The property is located on Chapel Street, close to Cheadle High Street, which is predominantly retail outlets with residential housing in close proximity. Cheadle is a small to medium sized market town which benefits from its own High Street, with retail outlets, banks and a supermarket. Cheadle has a residential population of some 12,000 people. Access to the motorway network is via junctions 15 and 16 of the M6.

Ground Floor

Retail area
3.79m 7.7m + 2.88 x 4.02
With single glazed window, strip lighting, power points, telephone point, and carpeted flooring.

Office
3.66m max x 2.33m
With single glazed window, heater, power points and carpeted flooring.

Entrance Hallway to Flat
5.19m x 1.85m
With single glazed window and radiator.

First Floor

Reception Room 1
4.62m x 3.67m
With single glazed window, radiator, and power points.

Reception Room 2
4.02m x 5.8m
With single glazed window, radiator, power points, aerial point and telephone point.

Kitchen
5.19m x 1.85m
White base units with brown worktops over, stainless steel sink and drainer unit, single glazed window, radiator, power points, cooker point, washer point, and vinyl flooring.

Second Floor

Bedroom 1
4.59m x 3.18m max
With single glazed window, radiator and power points.

Bedroom 2
3.94m x 3.12m
With single glazed window, radiator and power points.

Bedroom 3
3.07m max x 4.52m max
With single glazed window and power points.

Bathroom
3m x 3.07m
Green bathroom suite comprising W.C, washbasin and bath. Also with single glazed window and part-tiled walls.

Outside

Enclosed rear yard with outbuildings and outside W.Cs belonging to the retail unit.

Outside WCs

With low-level W.Cs and wall-mounted washbasins.

Rateable Value and Council Tax Banding

Through sight of the Valuation Office website, we can confirm the following: The 2017 Rating List Assessment is £6,000. The Council Tax Banding for the Flat is A The purchaser is advised to make their own enquiries with the Local Billing Authority.

Tenure

We are advised that there is a rent payable on the retail unit of £442 per calendar month, or £5,304 per annum. There is no lease in place and the occupation is on an informal tenancy at will. The flat is currently vacant.


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