STAFFORDSHIRE MOORLANDS - MIXED USE INVESTMENT OPPORTUNITY
Tean, Stoke-on-Trent, Staffordshire
Ref: 50295
£345,000
Freehold
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Key Features
Precis
Mixed use Grade II listed investment opportunity in Staffordshire Moorlands village
Location
Tean is a village in the Staffordshire Moorlands which lies on the River Tean, south of Cheadle, in the Tean Valley. The village has many local amenities including shops, schools and pubs and there are many picturesque walking routes in the local area. The Peak District National Park and Alton Towers are also within easy reach. The towns of Uttoxeter, Stoke-on-Trent and Stafford are easily accessible and the property lies on the High Street (A522) which links to the A50 and the M1 and M6 motorways.
This prominent detached property is of brick construction over three storeys under a pitched tile roof and comprises two ground floor retail units and two 2-bedroom duplex apartments to the first and second floors. The property is Grade II listed and lies in the Upper Tean Conservation Area.
This prominent detached property is of brick construction over three storeys under a pitched tile roof and comprises two ground floor retail units and two 2-bedroom duplex apartments to the first and second floors. The property is Grade II listed and lies in the Upper Tean Conservation Area.
Property
GROUND FLOOR RETAIL UNIT: THE VILLAGE BAKEHOUSE
With open trade area, display counter, tiled floors, servery and seating for 8. KITCHEN and PREP AREA to the rear of the servery with small prep and wash area to the rear of the building with WC. Approximately 352 sq ft in total.
GROUND FLOOR RETAIL UNIT: MOORLANDS BEAUTY
With open plan shop floor and two treatment rooms offset. KITCHEN and WC to the rear of the building. Approximately 392 sq ft in total.
To the rear of the building is a private staircase giving access to the first floor apartments.
APARTMENT ONE
LOUNGE. KITCHEN offset with tiled floor and wall and base units. Staircase to TWO DOUBLE BEDROOMS and a BATHROOM on the second floor.
APARTMENT TWO
LOUNGE with feature brick fireplace and exposed ceiling beams. KITCHEN offset with wall and base units and wooden floors. Staircase to TWO DOUBLE BEDROOMS and a BATHROOM on the second floor.
EXTERNAL
Parking to the rear for 6 vehicles. These are allocated as follows - 2 spaces for The Village Bakehouse, 2 spaces for Moorlands Beauty, 1 space each for both apartments.
With open trade area, display counter, tiled floors, servery and seating for 8. KITCHEN and PREP AREA to the rear of the servery with small prep and wash area to the rear of the building with WC. Approximately 352 sq ft in total.
GROUND FLOOR RETAIL UNIT: MOORLANDS BEAUTY
With open plan shop floor and two treatment rooms offset. KITCHEN and WC to the rear of the building. Approximately 392 sq ft in total.
To the rear of the building is a private staircase giving access to the first floor apartments.
APARTMENT ONE
LOUNGE. KITCHEN offset with tiled floor and wall and base units. Staircase to TWO DOUBLE BEDROOMS and a BATHROOM on the second floor.
APARTMENT TWO
LOUNGE with feature brick fireplace and exposed ceiling beams. KITCHEN offset with wall and base units and wooden floors. Staircase to TWO DOUBLE BEDROOMS and a BATHROOM on the second floor.
EXTERNAL
Parking to the rear for 6 vehicles. These are allocated as follows - 2 spaces for The Village Bakehouse, 2 spaces for Moorlands Beauty, 1 space each for both apartments.
The Business
The Village Bakehouse - let on a five year lease which commenced on 1st May 2023 with an annual rent of £6,000 and a mutual break clause on 25th April 2026.
Moorlands Beauty - let on a five year lease which commenced on 1st September 2022 with an annual rent of £,6000 and a mutual break clause on 1st September 2025.
Both 2 bedroom apartments are let for £650 per calendar month by way of AST. These tenancies commenced on 10th February 2025 and 30th March 2023.
The combined total income for the property is £27,600 per annum, providing a rental yield of 8%.
Moorlands Beauty - let on a five year lease which commenced on 1st September 2022 with an annual rent of £,6000 and a mutual break clause on 1st September 2025.
Both 2 bedroom apartments are let for £650 per calendar month by way of AST. These tenancies commenced on 10th February 2025 and 30th March 2023.
The combined total income for the property is £27,600 per annum, providing a rental yield of 8%.
Tenure
FREEHOLD INVESTMENT £345,000.
All trade inventory is under the ownership of the tenants.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
All trade inventory is under the ownership of the tenants.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
Licence
No premises licence is held.
Services
All mains services are connected.
Staffordshire Moorlands Council.
Business rates and council tax are the responsibility of the tenants: The Village Bakehouse: £4,150, Moorlands Beauty: £5,700. Residential Council Tax: Band A,
Staffordshire Moorlands Council.
Business rates and council tax are the responsibility of the tenants: The Village Bakehouse: £4,150, Moorlands Beauty: £5,700. Residential Council Tax: Band A,
Enquire about this listing
Dean McVay
North West
