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39B Tape St 2,633 SF 100% Leased Retail Building Stoke On Trent ST10 1ET $399,651 ($151.79/SF) 7.17% Cap Rate

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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
Day Care Center
Building Size
2,633 SF
Building Class
B
Year Built
1980
Price
$399,651
Price Per SF
$151.79
Cap Rate
7.17%
NOI
$28,646
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.21
Lot Size
0.05 AC

AMENITIES

  • Storage Space

NEARBY MAJOR RETAILERS

Starbucks
Co-op
Barclays Bank
NatWest
Lloyds Bank
ASDA
Morrisons
  • Listing ID: 35362898

  • Date on Market: 4/3/2025

  • Last Updated:

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

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