Commercial Property in Bradnop available for sale
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Commercial Properties for Sale near Bradnop, Leek

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Commercial Properties for Sale Within 5 miles of the Bradnop, Leek

More details for 11 Market Pl, Leek - Retail for Sale

11 Market Pl

Leek, ST13 5HH

  • Retail for Sale
  • £200,000
  • 1,830 sq ft

Leek Retail for Sale

Investment Consideration:. VAT is NOT applicable to this property Grade II Listed building comprising betting shop at ground floor and basement with self-contained office accommodation above (sold-off) Property benefits from frontage on Market Place and Derby Street Retail unit has traded as Coral since at least 2010 Nearby occupiers include Boots, Superdrug, Specsavers, Wilko and more. Property Description: Grade II Listed building comprising ground floor betting shop with a frontage to Market Place and Derby Street with ancillary accommodation at basement. The upper floors consist of self-contained office accommodation which has been sold-off on long leasehold. The property provides the following accommodation and dimensions: Ground Floor: 116.50 sq m (1,253 sq ft) Open plan retail, Office, WCs Basement: 53.50 sq m (575 sq ft) Ancillary First/Second Floor: Office Accommodation (sold-off) Tenancy: The retail shop is at present let to Ladbrokes Betting & Gaming Limited for a term of 5 years from 1st February 2022 at a current rent of £19,500 per annum and the lease contains full repairing and insuring covenants. The first/second floor office has been sold-off on long leasehold for a term of 999 Years from 24th June 2017 at a ground rent of peppercorn. Location: Leek is a market town and civil parish in the county of Staffordshire, England, on the River Churnet. It is situated about 10 miles north east of Stoke-on-Trent. It is an ancient borough and was granted its royal charter in 1214. It is the administrative centre for the Staffordshire Moorlands District Council. The town of Leek is served by First Potteries. There is a generally hourly service on route 18 to Hanley and 16 on an alternative route via Cellarhead. There are also bus services to the nearby towns of Buxton and Macclesfield. The property is located in the heart of the town centre with nearby occupiers including Boots, Superdrug, Specsavers, Wilko and more.

Contact:

Blue Alpine Partners Ltd

Date on Market:

09/11/2022
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LoopNet UK Staffordshire Leek Commercial Properties For Sale in Bradnop, Leek, UK

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FAQs About Commercial Property For Sale in Bradnop

See All Properties For Sale
How many commercial properties are currently available for sale in Bradnop?
There are currently 0 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in Bradnop?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the Bradnop, Leek

Market Overview for Commercial Properties in Bradnop

Key information for Commercial Properties investors in Bradnop and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Leek £109 2,751 sq ft
Bebington £83 2,946 sq ft
Cheadle £64 1,881 sq ft
Mold £36 3,384 sq ft

Rental Price Trends in Bradnop

The price per square foot range for Commercial Properties in Bradnop and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Leek £47 £109 £198
Bebington £83 £83 £83
Cheadle £42 £64 £85
Mold £36 £36 £36

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Bradnop area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Leek 852 sq ft 2,751 sq ft 5,572 sq ft
Alfreton 1,169 sq ft 52,088 sq ft 85,513 sq ft
Bebington 2,946 sq ft 2,946 sq ft 2,946 sq ft
Cheadle 693 sq ft 1,881 sq ft 2,633 sq ft
Mold 1,759 sq ft 3,384 sq ft 5,009 sq ft

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