11 Cheapside, Stoke-on-trent | Property for sale | Savills
Guide price £40,000(HK$395,872)

11 CheapsideStoke-on-trent

  • Sole agency
  • Leasehold
Investment
Yield 65%Yield

Key features

  • 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

High Yielding Convenience Store Investment Opportunity Let on a Lease Expiring September 2025 Producing £13,000 per annum

About this property

  • 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.

Energy performance

Please note, we understand that the tenant has rent arrears and we are uncertain regarding their trading status. Please consult the legal pack for more information, bidders should rely on their own enquiries.