25 Twigg Street, Stoke-on-Trent

39 - 755 Sq Ft
£140,000
  • Ref: 275179
  • Type: Investment
  • Availability: Available
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Property Features

  • Fully let investment opportunity offering a 7.8% yield.
  • 2 storey property comprising ground floor retail with flat above.
  • Total NIA: 755 sq ft.
  • EPC: Shop- Band D (98) Flat- Band E (49)

Property Summary

This mid terrace, two storey property with UPVC double glazed windows, offers a secure, fully let investment opportunity with a 7.8% yield.

Full Details

This mid terrace, two storey property with UPVC double glazed windows, offers a secure, fully let investment opportunity with a 7.8% yield. The property features a
recently refurbished ground-floor retail space with a 1 bed-flat above, providing a well-rounded commercial and residential combination. Positioned on a main road, the property forms part of an established retail parade with on street parking available out front and a 1 parking space at the rear of the property assigned to the upstairs tenant.

Location
The property is located just off Dividy Road at the roundabout junction with Twigg Street and is approximately 1 mile from Hanley centre. Other occupants of the parade include a barbershop, vape shop and Coral Bookmakers.

Services
Mains electric, water and drainage are connected. No services have been tested by the agents.

VAT
The sale is not subject to VAT.

Tenure
The property is available freehold, subject to contract and with the benefit of the existing leases in place at date of completion.

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

Available Area

Name/FloorSq FtSq MAvailability
g Sales area23221.55Available
g Store room 1767.06Available
g Store room 2867.99Available
g Kitchen393.62Available
1st Bedroom968.92Available
1st Living Room15514.40Available
1st Kitchen353.25Available
1st Bathroom363.34Available
Total75570.14