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Land for sale

London Road, Oakhill, Stoke On Trent, Staffordshire, ST4

Removed 559 sq. ft. | £95,000

Property Description

Commercial information

  • 559 sq ft (51 sq m)

Key features

  • Mixed Ground Floor Retail and First Floor Flat
  • Producing 8,100 per annum
  • First Floor Flat let at 350 pcm i.e. 4,200 per annum
  • Ground Floor let to Barbers World at 3,900 per annum
  • Price : 95,000

Full description

Tenure: Freehold

A mixed residential/retail investment property situated on London Road, Oakhill, Stoke on Trent. The retail element has undergone a complete re-fit as of June 2015 and is occupied by Barbers World on a five year lease from 15th June 2015 for five years at £3,900 per annum with a break option at the end of the third year.

The first floor flat is occupied by way of an assured shorthold tenancy for six months from 3rd May 2016 at a rent of £350 pcm.

The gross rent produced is £8,100 per annum.

More information from this agent

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