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33A-33 High St 1,975 SF 100% Leased Retail Building Stoke On Trent ST10 4DY $469,874 ($237.91/SF) 8% Cap Rate



Investment Highlights
- Car park for 6 vehicles included at the rear of the property
- Upper floors laid out as a two 2 bedroom apartments
- The Bakehouse and Moorlands Beauty are the ground floor commercial tenants
Executive Summary
33 High Street is let to a private individual T/A The Village Bakehouse, at £6,000 pa for 5 years from 01/05/23. 33a High Street is let to a private individual T/A Moorlands Beauty, at £6,000 pa for 5 years from 01/09/2022. Flat 1 (2 bed) is let to a private individual at £650pcm. Flat 2 (2 bed) is let to a private individual at £650pcm. Combined income for the property at present is £27,600pa with potential for higher future rent with rent reviews and/or new tenants
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,975 SF
Year Built
1974
Price
$469,874
Price Per SF
$237.91
Cap Rate
8%
NOI
$37,590
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.43
Lot Size
0.11 AC
Parking
6 Spaces (3.04 Spaces per 1,000 SF Leased)
Frontage
27’ on High Street
Amenities
- 24 Hour Access
- Storage Space
- Air Conditioning
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33A-33 High St
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