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£25,000

Property for sale

Property photos

  1. 11 Cheapside, Hanley, Stoke-On-Trent, St1 1Hl
  2. 11 Cheapside, Hanley, Stoke-On-Trent, St1 1Hl
  3. 11 Cheapside, Hanley, Stoke-On-Trent, St1 1Hl
  4. 11 Cheapside, Hanley, Stoke-On-Trent, St1 1Hl
Auction

From

£25,000

Property for sale

Cheapside, Hanley, Stoke-On-Trent ST1

Local area information

Property location

Nearby amenities

  • Unity School 0.2 miles
  • Hanley St Luke's CofE Aided Primary School 0.4 miles
  • Stoke-on-Trent 1.2 miles
  • Longport 2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Stoke-On-Trent to find out more about the local area.

Features and description

  • High Yielding Retail Investment Opportunity
  • Let on a Lease Expiring September 2025
  • Producing £13,000 per annum
  • Established and Popular Location
  • Guide Price Reflects 52% Gross Yield
  • No VAT
Strapline

Auction Sale - 18/06/2024

High Yielding Convenience Store Investment Opportunity

Let on a Lease Expiring September 2025 Producing £13,000 per annum

Description

The property comprises a high yielding retail investment forming part of an established and popular local parade.

Arranged across ground floor only, the property is let to Private Individuals (t/a The Seafarer Cafe) on a five year lease expiring 30th September 2025 and paying a rent of £13,000 per annum.

Hanley is an established and popular suburb of Stoke-on-Trent and is due to receive significant funds as part of the UK Government "Levelling Up" initiative.

More information

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Listed by

Savills - National Auctions

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  1. Zoopla
  2. Commercial for sale
  3. Staffordshire
  4. Stoke-on-Trent
  5. Hanley
  6. Cheapside

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