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£135,000Mixed use for sale
106 High Street, Stoke-on-Trent, ST6 5TJ
Mixed use
1991
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
- Three storey building with ground floor shop and two flats above
- 5 year lease from October 2025 producing £8,400pa
- First floor flat producing £2,640 pa, (should be £5,100 pa)
- Second floor flat vacant – (should achieve £5,100 pa)
- Total Potential income: £18,600 (14% gross ROI)
A mid-terraced building of brick elevations and rendered covering with pitched tiled roof coverings, offered to the market as a part-let income producing investment. The ground floor offers 1,141 sq ft of usable space plus WC and is in good clean condition. Both flats have their own
separate entrances off the High Street and all three areas are separately metered.
The property is located on the High Street, close to Tower Square and backing on to Jasper Square Retail Park. Tunstall is easily accessible from the A500 and lies just under 7 miles from junction 16 of the M6 motorway.
The ground floor is let to a private individual, T/A Vani Mini Market at £8,400pa on an IRI lease from 16th October 2025 for 5 years with no break clause. Copy of the lease available upon request.
The first floor is let to a private individual at £2,640 pa on a rolling month by month AST from 16th January 2025. Copy of the AST is available upon request. There is the opportunity to serve notice on this tenant requesting that the rent should increase to £425 pcm.
The second floor flat is also expected to achieve £425 pcm.
On the above basis the overall income for the building would be £18,600 providing a 14% gross return on an investment of £135,000.
The sale price is not subject to VAT.
Available freehold, subject to contract and with the benefit of the existing IRI and AST leases.
Rateable Value: £5,500
The tenant is responsible for payment of any business rate liability where applicable.
First floor flat, 106a High Street – Band A
Second floor flat, 106b High Street – Band A
Mains water, drainage and electricity are connected. Heating is provided by a electric wall heaters throughout. Each part is individually metered No services have been tested by the agents.
106 High Street – TBC
106a High Street – TBC
106b High Street – Band C (69
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.
separate entrances off the High Street and all three areas are separately metered.
The property is located on the High Street, close to Tower Square and backing on to Jasper Square Retail Park. Tunstall is easily accessible from the A500 and lies just under 7 miles from junction 16 of the M6 motorway.
The ground floor is let to a private individual, T/A Vani Mini Market at £8,400pa on an IRI lease from 16th October 2025 for 5 years with no break clause. Copy of the lease available upon request.
The first floor is let to a private individual at £2,640 pa on a rolling month by month AST from 16th January 2025. Copy of the AST is available upon request. There is the opportunity to serve notice on this tenant requesting that the rent should increase to £425 pcm.
The second floor flat is also expected to achieve £425 pcm.
On the above basis the overall income for the building would be £18,600 providing a 14% gross return on an investment of £135,000.
The sale price is not subject to VAT.
Available freehold, subject to contract and with the benefit of the existing IRI and AST leases.
Rateable Value: £5,500
The tenant is responsible for payment of any business rate liability where applicable.
First floor flat, 106a High Street – Band A
Second floor flat, 106b High Street – Band A
Mains water, drainage and electricity are connected. Heating is provided by a electric wall heaters throughout. Each part is individually metered No services have been tested by the agents.
106 High Street – TBC
106a High Street – TBC
106b High Street – Band C (69
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.
Property information from this agent
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.