House For Sale Market Place, Stoke-on-Trent, ST10

£875,000

1 of 13
  • Description
  • Street View
  • Maps
Last Updated: 20th April 2024

Description

Description

Mixed use investment. Fully Let producing £66,950 p.a. Comprising 4 x self-contained shops, fronting 1 - 4 Market Place, and 6 x self-contained apartments with parking at 36 Prince George Street.

The shops are well fitted and trading as a hairdressers (tenants since 2016), a gift shop and a wedding shop.
The apartments are 2x 2 bed and 4x 3 bed. Each are duplex units with the first floor providing a well fitted kitchen & living room. Bedrooms and a bathroom are located on the second floor. The 3 bed units benefit from an en-suite.

VAT

All figures are quoted exclusive of VAT, we are advised the property is not registered for VAT.

EPC

Shop 1 - C (67)
Shop 2 - C (74)
Shop 3 - D (85)
Shop 4 - D (93)
Apartment 1 - D (62)
Apartment 2 - C (71) New report being commissioned
Apartment 3 - C (71) New report being commissioned
Apartment 4 - C (74)
Apartment 5 - Report being commissioned
Apartment 6 - D (64)

Viewing

Tenants are unaware of the sale. Interested parties should carry out a \"secret shop\" to inspect the retail areas. A virtual tour is available of Mews House 2. A physical viewing of the whole will be possible for the preferred purchaser. OMEETO do not take any responsibility for any loss or injury caused whilst carrying out a site visit.
Agent Details
OMEETO LTD
19 St Christopher\'s Way, Derby, DE24 8JY

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this property. See more properties like this.

£230,000
Stoke-on-Trent, ST10
Detached
4.8
£239,500
Stoke-on-Trent, ST10
Semi Detached
4.6
£140,000
Stoke-on-Trent, ST10
Cottage
4.4
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested