High Street, ST10

Tean is a village in the Staffordshire Moorlands which lies on the River Tean, south of Cheadle, in the Tean Valley. The village has many local amenities including shops, schools and pubs and there are many picturesque walking routes in the local area. The Peak District National Park and Alton Towers are also within easy reach. The towns of Uttoxeter, Stoke-on-Trent and Stafford are easily accessible and the property lies on the High Street (A522) which links to the A50 and the M1 and M6 motorways.

This prominent detached property is of brick construction over three storeys under a pitched tile roof and comprises two ground floor retail units and two 2-bedroom duplex apartments to the first and second floors.

The ground floor retail unit, The Bakehouse, is on a five year lease which commenced on 1st May 2023 with an annual rent of £6,000. The ground floor retail unit, Moorlands Beauty, is on a five year lease which commenced on 1st September 2022 with an annual rent of £6,000 per annum. Both two bedroom apartments are let for £650 per calendar month by way of AST. The combined total income for the property is £27,600 per annum, providing a rental yield of 8%.

FREEHOLD Investment £345,000. All trade inventory is under the ownership of the tenants.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.