33 & 33a High Street, Tean, Stoke-On-Trent, Staffordshire ST10 4DY

A freehold mixed use investment opportunity comprising two apartments and two commercial units: current gross income £27,600pa with scope to increase in line with market rates. The property also benefits from parking for 6 vehicles.

TENANCY DETAILS
33 High Street is let to a private individual T/A The Village Bakehouse, at £6,000 pa for 5 years from 28/03/26.

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.

33 and 33a High Street is a three storey property of brick elevations and tiled pitched roof coverings in a prominent position on the High Street.

The property has been divided into two retail units on the ground floor and two large
apartments covering the first and second floors above.

The ground floor is arranged as two individual commercial units with separate entrances and rear exits onto the car park.

33 High Street is The Bakehouse whose lease runs from March 2026 with over 15 years history in this location. 33a High Street is Moorlands Beauty with a lease from October 2022.

Both commercial units have single glazed timber window frames and access to the parking at the rear. The upper floors consist of two spacious and well-appointed two bedroom apartments, both of which are self-contained and separately accessed and
are let by way of Shorthold Tenancy Agreements.

The property has been very well maintained, with independent gas boilers to the apartments.

Please note, the cottage at the rear of the building is not included in the sale.

LOCATION
The property features prominently opposite the junction where Hall Road meets High Street (A522) in the village centre. Upper Tean is easily accessible, being 3 miles off the A50. Cheadle is the nearest town approximately 4 miles to the north. Tean as a
village has a convenience store, pharmacy, cafes, pubs, hairdressers, petrol station and a primary school.

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 2.5% inc. VAT of the purchase price

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.