Commercial property for sale in 4-6 High Street, Cheadle, Stoke-On-Trent ST10

A period double fronted retail/office premises with first and second floor accommodation, part of which is used for commercial purposes together with three flats.

Full Description

A period double fronted partly refurbished retail/office premises with first and second floor accommodation, part of which is used for commercial purposes together with three flats. The ground floor was formerly arranged as two self-contained shops and retains two entrance doors to either side of the sales area, although has more recently been merged into one unit, subdivided into smaller rooms by means of stud partitioning. The three flats are accessed from the rear and side and are all self-contained and separately metered. Part of the first floor has been used for commercial purposes and is accessed via an internal staircase from the sales area however, this area could very easily be separated from the ground floor, independently accessed via the rear and would provide another one-bedroom flat.

Please note all offers must be passed to sdl in the first instance and all interested parties will be bound by the auction terms as per the terms of business signed by the seller.

Location

An end of terrace property in the town centre having an extensive frontage to the High Street at its junction with Croft Road. There are a number of both national and local retailers within close proximately to include Lloyds Bank and Bargain Booze Plus and public car parking is within 100 yards.

Services

All mains’ services are available and each flat is separately metered. No services have been tested by the agents.

Terms

Available freehold and with the benefit of the residential tenancies in place and with vacant possession of the commercial parts.

Rates

Business rates/council tax
4-6 High Street
Rateable Value: £10,000
Rates Payable: £4,990 pa (21/22)
Note: If you qualify for Small Business Rates Relief you should be entitled to a 100% rate exemption.
Council Tax
Flats 1,3 and 4 each have a ‘Band A’ Council Tax assessment. Individual tenants are responsible for paying their own council tax.

Other

Flat 1:Let on Shorthold Tenancy Agreement from September 2023 @ £500 pcm
Flat 2:vacant
Flat 3:Let on a Shorthold Tenancy Agreement from 19th March 2021 @ £320 pcm
Flat 4: Let on a Shorthold Tenancy Agreement from 2nd July 2014 @ £290 pcm

EPCs
4-6 High Street: 101 (Band E)
Flat 1: Band E
Flat 3: Band D
Flat 4: Band E

Anti money laundering regulations

In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. Photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.