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39B Tape St 2,633 sq ft 100% Let Retail Property Stoke On Trent ST10 1ET £299,950 (£113.92/sq ft) 7.17% Net Initial Yield

Retail Properties Staffordshire Stoke On Trent 39B Tape St, Stoke On Trent, ST10 1ET

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INVESTMENT HIGHLIGHTS

  • Established children’s nursery registered for 51 children
  • Very prominent location in the centre of Cheadle
  • Commercial investment – Tiny Hearts Big Futures Unaffected

EXECUTIVE SUMMARY

The property is let to Tiny Hearts Big Futures Limited (Company No. 15061142), with personal guarantee at £21,500pa on an FRI lease from 15th September 2023 for 7 years with rent reviews at the end of year 3 and 6. Copy of the lease available upon request.

ATTACHMENTS

39 Tape Street

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Child Care Centres / Nursery
Property Size
2,633 sq ft
Costar Property Class
B
Year Built
1980
Price
£299,950
Price per sq ft
£113.92
Yield
7.17%
NOI
£21,500
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
1.21
Total Plot Size
0.05 ac

AMENITIES

  • Storage Space
1 1

NEARBY MAJOR RETAILERS

Starbucks
Co-op
Barclays Bank
NatWest
Lloyds Bank
ASDA
Morrisons
01538 711138

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Contact the agent for more information about this property

CONTACT

  • Listing ID: 35362898

  • Date on Market: 03/04/2025

  • Last Updated:

  • Address: 39B Tape St, Stoke On Trent ST10 1ET

The Staffordshire Moorlands Retail Property at 39B Tape St, Stoke On Trent, ST10 1ET is currently available. Contact Rory Mack Associates Ltd for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBOURHOODS

NEARBY LISTINGS

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39B Tape St
01538 711138 x

39B Tape St

Martin Grainger
01538 711138

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