Grocery & Local Shops for sale in the ST13, Leek

Commercial Property in ST13 available for sale

Retail Properties for Sale Near the ST13, Leek

11 St. Edward St

Leek, ST13 5DR

Retail for Sale
£225,000
852 sq ft

Commuter Rail

Leek Retail for Sale

Available freehold, subject to contract and with the benefit of the existing FRI lease. The ground floor is let to Shalaw Kamal, T/A Pizzaline at £18,000pa on an FRI lease from 22nd November 2022 for 11years and 5 months. Copy of the lease available upon request.

Contact:

Rory Mack Associates Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

01/04/2025

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63-67 Haywood St

Leek, ST13 5JH

Retail for Sale
£450,000
1,621 sq ft

Air Conditioning
24 Hour Access

Leek Retail for Sale

Income producing investment of brick elevations and tiled, pitched roof coverings comprising a large commercial unit on the ground floor which is currently empty and four tenanted apartments above providing an immediate income. Each apartment is let on an AST bringing in a combined £28,980pa and the ground floor commercial is currently vacant but available at £17,500 pa resulting in a potential overall income of £46,480pa, a 10.3% gross yield at £450,000. To the rear of the property is space for four vehicles with separate access to the apartments opposite an area of public space. All apartments have gas central heating powered by individual combi boilers and UPVC double glazed windows. Although the ground floor unit is arranged as a single unit, it could very easily be split into two units which may be more appealing to the rental market.