Home > Auctions > 29 September 2026 29 September 2026 - 9:00am > Lot 522

29 September 2026: Tuesday 29 September 2026 - 9:00am
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    Key features

    • A mid terrace property comprising of a commercial unit at ground & basement & 2 x flats in the upper floors
    • Commercial unit an approx.1,279 sq ft let on 2 year lease from Nov 2025 at £6,500 p.a.
    • Flat 1 ( large 1 bedroom, an approx. 1,046 sq ft) let at £4,800 p.a.
    • Flat 2 (2 bedroom, an approx. 1,038 sq ft) let at £5,400 p.a.
    • Potential to re-configure flats to create more bedrooms or multiple additional units (subject to the requisite consents)
    • The commercial unit has been let continuously to various tenants for the last 15 years 
    • VAT free investment
    • Investment let at £16,700 p.a. (11.92% GIY on guide)

    Description

    An attractive mid terrace, mixed use property comprising of commercial unit at ground and basement floors trading as a beautician.

    The first floor comprises of a large 1 bedroom flat and a 2 bedroom flat at second floor. Both are large flats in excess of 1,000 sq ft each. Potential to re-configure flats to create more bedrooms or multiple additional units (subject to the requisite consents).

    The property is surrounded by a wide range of local and boutique independent retailers.

    Cheadle is also the location for one of the main JCB factories; offering good local employment for the area.

    Additional information

    Tenure

    Freehold

    Accommodation

    Please refer to the Accommodation and Tenancy schedule and Floor plan

    Total building an approx. 3,368 sq ft

    Tenancy

    Please refer to the Accommodation and Tenancy schedule

    Rent

    £16,700 p.a.

    Notes

    Please note the site areas provided are approximate. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard.


    NOTICE – RENTERS' RIGHTS ACT 2025. Please take note if you wish to bid on a property with a tenancy. This Act is in force from 1 May 2026. From that date, all assured tenancies in the private rented sector will become rolling (“periodic”) tenancies and the current system of fixed term assured shorthold tenancies will no longer apply. Tenancies signed on or after 1 May 2026 will be subject to the new rules. If you are purchasing a property currently let on an assured shorthold tenancy, the tenancy may no longer operate as described in the tenancy schedule or legal pack if completion falls on or after 1 May 2026. Other changes under the Act also apply. This notice is for your information only and you should take legal advice before bidding and review Government Guidance available at:

    www.gov.uk/government/publications/guide-to-the-renters-rights-act

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        No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

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        Accommodation / Tenancy Schedule

        Local information

        The property occupies a prominent position within the market town of Cheadle, fronting Cross Street in the town centre. Cheadle provides a range of local amenities, retailers and services and is situated approximately 10 miles east of Stoke-on-Trent and 13 miles north-west of Uttoxeter, benefiting from good access to the A50 and wider Midlands road network.

        Transport

        Cheadle benefits from good road communications via the nearby A50, providing access to the M1 and M6 motorways. Rail services are available from Blythe Bridge (approximately 7 miles), Uttoxeter (approximately 10 miles) and Stoke-on-Trent (approximately 11 miles), offering connections to Birmingham, Manchester and London.

        Legal documents

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        EPC rating

        If no EPC rating appears please refer to the legal pack.

        Guide prices and common auction conditions

        •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

        •The reserve price is the minimum price at which the property can be sold.

        •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

        •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

        Please note that all prices listed, whether prior to or post auction, are subject to contract.

        The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

        The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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