7 Cross St, Cheadle, Stoke-on-Trent, ST10 1NP
- PROPERTY TYPE
Commercial Property
- SIZE
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Key features
- A mid terrace property comprising of a commercial unit at ground & basement & 2 x flats in the upper floors
- Commercial unit an approx.1,279 sq ft let on 2 year lease from Nov 2025 at £6,500 p.a.
- First floor 4 x rooms, Kitchen & Bathroom an approx. 1,046 sq ft) let at £4,800 p.a.
- Second floor 4 x rooms, Kitchen & Bathroom an approx. 1,038 sq ft) let at £5,400 p.a.
- Both 1st & 2nd floor flats are self-contained and can be used as individual flats or converted into a HMO (Subject to the requisite consents)
- Potential to re-configure flats to create more bedrooms or multiple additional units (subject to the requisite consents)
- The commercial unit has been let continuously to various tenants for the last 15 years
- VAT free investment
- Investment let at £16,700 p.a. (11.92% GIY on guide)
Description
StrapLine
Auction Sale - 03/11/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteA freehold mid terrace property comprising of the commercial unit at ground floor and 2 x self contained flats at first and second floor ( each flat comprising of 4 x rooms, Kitchen & Bathroom). Potential for reconfiguration of the upper floor flats to increase the number of bedrooms/ flats or convert into a HMO (subject to the requisite consents)
Investment let at £16,700 p.a.
Description
An attractive mid terrace, mixed use property comprising of commercial unit at ground and basement floors trading as a beautician.
Both flats are self contained and consist of 4 x rooms, kitchen and Bathroom on each floor. Both are large flats in excess of 1,000 sq ft each. Potential to re-configure flats to create more bedrooms or multiple additional units, there is also the potential to convert the units into HMO's (subject to the requisite consents).
The property is surrounded by a wide range of local and boutique independent retailers.
Cheadle is also the location for one of the main JCB factories; offering good local employment for the area.
Location
The property occupies a prominent position within the market town of Cheadle, fronting Cross Street in the town centre. Cheadle provides a range of local amenities, retailers and services and is situated approximately 10 miles east of Stoke-on-Trent and 13 miles north-west of Uttoxeter, benefiting from good access to the A50 and wider Midlands road network.
Transport
Cheadle benefits from good road communications via the nearby A50, providing access to the M1 and M6 motorways. Rail services are available from Blythe Bridge (approximately 7 miles), Uttoxeter (approximately 10 miles) and Stoke-on-Trent (approximately 11 miles), offering connections to Birmingham, Manchester and London.
Tenancy
Please refer to the Accommodation and Tenancy schedule
Accommodation
Please refer to the Accommodation and Tenancy schedule and Floor plan
Total building an approx. 3,368 sq ft
7 Cross St, Cheadle, Stoke-on-Trent, ST10 1NP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Blythe Bridge Station3.5 miles
Notes
Disclaimer - Property reference 245-25694. 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 Savills Auctions, London. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”