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COMMERCIALSOLD STC

Chapel Street, Stoke-On-Trent

£145,000
Keates, Stoke On Trent
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • 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

Description

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.

Brochures

Property BrochureFull Details

Energy Performance Certificates

Energy Performance Certificate

Chapel Street, Stoke-On-Trent

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blythe Bridge Station3.5 miles

About the agent

Keates, Stoke On Trent

84 Church Street, Stoke-On-Trent, ST4 1BS

Keates, Stoke On Trent

A family firm stretching back to the 1920s. With the purchase and integration of both Stanley Keates & Sons offices our business expanded to cover all of North Staffordshire. Now under the ownership of Andrew & Richard Johnson the is once again a family firm.

The owners are both Chartered Surveyors and deal with Residential and Commercial property. The firm has now rebranded back to its roots and updated its image. With new IT, a new website and an updated image to drive its growth thr

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Notes

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Disclaimer - Property reference 11674185. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Keates, Stoke On Trent. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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