Map
Area statsGuide price
£375,000Property for sale
63-67 Haywood Street, Leek, ST13 5JH
Auction
Property
982
Features and description
- Ground floor currently vacant but currently on the market for £17,500pa
- Upper floors comprise: 2 x two bedroom and 2 x one bedroom flats
- Total NIA: 3,822 sq ft
- EPC: Commercial – Band B (45), Residential 3 x Band D and 1 x Band C
Description
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.
Location
The property occupies a prominent location within the town centre, opposite Farmfoods and within 20 yards of Aldi. Haywood Street is one of the main A roads which circles Leek providing access to Moorlands Shopping Centre, the bus station, and public carparks such as Smithfield Centre South and Smithfield North. Leek is 11 miles from Stoke on Trent and 15 miles from Ashbourne in the opposite direction.
Services
All main services are connected. No services have been tested by the agents. All commercial and residential elements have their own separate meters and boilers.
VAT
The sale price is not subject to VAT.
Tenure
Available freehold, subject to contract and with the benefit of the existing AST agreements.
Business Rates
Rateable Value: £15,750
Rates Payable: £7,859.25 pa (25/26)
Note: Retail, hospitality and leisure relief. If you’re eligible, you could get 40% off your business rates bills during (1 April 2025 to 31 March 2026).
Council Tax
The residential tenants are responsible for payment of any council tax where applicable.
Tenancy Details
Flat 1 (2 bed) is let to a private individual at £660pcm who has been in occupation for 1 year.
Flat 2 (2 bed) is let to a private individual at £660pcm who has been in occupation for over 2 years.
Flat 3 (1 bed) is let to a private individual at £595pcm who has been in occupation for 1 year.
Flat 4 (1 bed) is let to a private individual at £500pcm who has been in occupation for 4 years.
Combined income for the property at present is £28,980pa plus the potential of the ground floor retail unit.
Anti Money Laundering Regulations
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.
Auction Details
AUCTION DETAILS Auction starts 9am, Thursday 26th March 2026 with ‘BTG Eddisons Property Auctions’. [use Contact Agent Button]sq_0skd/%242y%2412%24PJUfBTtNObPy64kXIpiT BesQc0WPGGBhadXyfyx8I92soQ/IDVdrC
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.
Location
The property occupies a prominent location within the town centre, opposite Farmfoods and within 20 yards of Aldi. Haywood Street is one of the main A roads which circles Leek providing access to Moorlands Shopping Centre, the bus station, and public carparks such as Smithfield Centre South and Smithfield North. Leek is 11 miles from Stoke on Trent and 15 miles from Ashbourne in the opposite direction.
Services
All main services are connected. No services have been tested by the agents. All commercial and residential elements have their own separate meters and boilers.
VAT
The sale price is not subject to VAT.
Tenure
Available freehold, subject to contract and with the benefit of the existing AST agreements.
Business Rates
Rateable Value: £15,750
Rates Payable: £7,859.25 pa (25/26)
Note: Retail, hospitality and leisure relief. If you’re eligible, you could get 40% off your business rates bills during (1 April 2025 to 31 March 2026).
Council Tax
The residential tenants are responsible for payment of any council tax where applicable.
Tenancy Details
Flat 1 (2 bed) is let to a private individual at £660pcm who has been in occupation for 1 year.
Flat 2 (2 bed) is let to a private individual at £660pcm who has been in occupation for over 2 years.
Flat 3 (1 bed) is let to a private individual at £595pcm who has been in occupation for 1 year.
Flat 4 (1 bed) is let to a private individual at £500pcm who has been in occupation for 4 years.
Combined income for the property at present is £28,980pa plus the potential of the ground floor retail unit.
Anti Money Laundering Regulations
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.
Auction Details
AUCTION DETAILS Auction starts 9am, Thursday 26th March 2026 with ‘BTG Eddisons Property Auctions’. [use Contact Agent Button]sq_0skd/%242y%2412%24PJUfBTtNObPy64kXIpiT BesQc0WPGGBhadXyfyx8I92soQ/IDVdrC
Property information from this agent
Area statistics
Crime score
High crime
7/10
About this agent
Rory Mack Associates - Holly House
Holly House | 37 Marsh Parade
Newcastle Under Lyme Staffordshire
ST5 1BT
01782 409150Rory Mack Associates is a dedicated team of commercial property consultants, Chartered Surveyors and commercial estate agents based in Newcastle under Lyme, Staffordshire. We serve the neighbouring areas of Stoke on Trent, Stafford, Crewe, North Staffordshire and Cheshire. Our team of commercial property consultants and surveyors offer a full range of property services including: Estate agency, disposal and acquisitions Property management, investment and strategy Survey and valuation advice for residential and commercial property Lease advice for rent review and lease renewal Business rates Dilapidation and condition reports We provide a personal service and add value to our clients’ objectives. We pride ourselves on transparency and good old fashioned customer service which ensures our clients keep coming back, and most importantly, recommend us to their friends and colleagues. Our team of Chartered Surveyors includes RICS Registered Valuers and the firm is regulated by the Royal Institution of Chartered Surveyors (RICS). To enquire about our services in more detail please contact us to speak to a member of our team.