Coral, 29-33 High Street, Cheadle, Stoke-on-trent | Property for sale | Savills
Guide price £160,000(€182,434)

Coral29-33 High Street, Cheadle, Stoke-on-trent

  • Sole agency
  • Freehold
Retail

Key features

  • Investment let at £18,000 pa (9.23% on Guide Price)
  • Let to Coral Racing Limited
  • Lease expires June 2027 (no breaks)

Freehold Retail Investment Investment let at £18,000 pa (11.25% on Guide Price)

About this property

  • The property is arranged on ground and two upper floors to provide a ground floor betting office with staff ancillary and storage accommodation above. The property intercommunicates with the adjoining shop, also trading as Coral, which is not included in the sale.

Local information

  • The property is located in Cheadle, Staffordshire a town circa 8 miles from Stoke-on-Trent. The property is located in a prominent position on the south side of High Street, the main retailing thoroughfare. Nearby occupiers include Domino's Pizza, JD Wetherspoon and a number of independent shops, cafes and restaurants.

Additional information

  • The property is currently let to Coral Racing Limited on a lease expiring 23/06/2027, producing an income of £18,000 per annum.