Property photos
Freehold
Fixed price
£225,000
(£688.07/sq. ft)
Property for sale
11 St. Edward Street, Leek ST13From 327 - 852 sq. ft
Local area information
Property location
Nearby amenities
- St Mary's Catholic Academy 0.3 miles
- Westwood First School 0.5 miles
- Congleton 7.8 miles
- Longport 9.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Leek to find out more about the local area.
Features and description
- Freehold
- Three storey freehold let at £18,000 pa until 30th April 2034
- Pizza Line established in this location for over 20 years
- Takeaway on ground floor with 2 bedroom flat above
- Total NIA: 852 sq ft
- Estimated Rates Payable: £2095.8
Description
An end terraced building of brick elevations with pitched tiled roof coverings offered to the market as an income producing investment with the longstanding tenant in place having recently signed a new 12 year lease. Pizza Line have been established in this location for over 20
years covering Leek and the surrounding areas. The ground floor offers a sales area of 143 sq. Ft with kitchen and toilets to the rear. On the first and second floor there is a large 2 bedroom flat with separate entrance and large open plan lounge and kitchen on the first and two double bedrooms and a bathroom on the second. The takeaway benefits from an external storage unit accessed from the back of the property, driveway for one car, ventilation system and double glazed aluminium window and door frontage. The flat benefits from gas powered central heating throughout. The property is being sold with the tenant in situ and is not available with vacant possession.
Location
The property is located at the top end of St Edwards Street next to St Edwards Street Car Park and within a short walk of Sheep Market in the centre of town.
Services
Mains water, drainage and electricity are connected. Heating and comfort cooling is provided by ceiling mounted cassettes. No services have been tested by the agents.
VAT
The sale price is not subject to VAT.
Tenure
Available freehold, subject to contract and with the benefit of the existing Fri lease.
Business Rates
Rateable Value: £4,200
The tenant is responsible for payment of any business rate liability where applicable.
Council Tax
11a St Edwards Street, Leek, ST13 5DR – Band A
Tenancy Details
The ground floor is let to Shalaw Kamal, T/A Pizzaline at £18,000pa on an Fri lease from 22nd November 2022 for 11 years and 5 months. Copy of the lease available upon request.
Accommodation
Ground Floor:
Sales area: 143 sq ft
Kitchen: 155 sq ft
Chiller: 29 sq ft
WC --
NIA: 327 sq ft
First Floor:
Lounge: 192 sq ft
Kitchen: 71 sq ft
Second Floor:
Bedroom: 125 sq ft
Bedroom: 77 sq ft
Bathroom: 60 sq ft
NIA: 525 sq ft
Total NIA: 852 sq ft
Anti Money Laundering Regulations
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.
An end terraced building of brick elevations with pitched tiled roof coverings offered to the market as an income producing investment with the longstanding tenant in place having recently signed a new 12 year lease. Pizza Line have been established in this location for over 20
years covering Leek and the surrounding areas. The ground floor offers a sales area of 143 sq. Ft with kitchen and toilets to the rear. On the first and second floor there is a large 2 bedroom flat with separate entrance and large open plan lounge and kitchen on the first and two double bedrooms and a bathroom on the second. The takeaway benefits from an external storage unit accessed from the back of the property, driveway for one car, ventilation system and double glazed aluminium window and door frontage. The flat benefits from gas powered central heating throughout. The property is being sold with the tenant in situ and is not available with vacant possession.
Location
The property is located at the top end of St Edwards Street next to St Edwards Street Car Park and within a short walk of Sheep Market in the centre of town.
Services
Mains water, drainage and electricity are connected. Heating and comfort cooling is provided by ceiling mounted cassettes. No services have been tested by the agents.
VAT
The sale price is not subject to VAT.
Tenure
Available freehold, subject to contract and with the benefit of the existing Fri lease.
Business Rates
Rateable Value: £4,200
The tenant is responsible for payment of any business rate liability where applicable.
Council Tax
11a St Edwards Street, Leek, ST13 5DR – Band A
Tenancy Details
The ground floor is let to Shalaw Kamal, T/A Pizzaline at £18,000pa on an Fri lease from 22nd November 2022 for 11 years and 5 months. Copy of the lease available upon request.
Accommodation
Ground Floor:
Sales area: 143 sq ft
Kitchen: 155 sq ft
Chiller: 29 sq ft
WC --
NIA: 327 sq ft
First Floor:
Lounge: 192 sq ft
Kitchen: 71 sq ft
Second Floor:
Bedroom: 125 sq ft
Bedroom: 77 sq ft
Bathroom: 60 sq ft
NIA: 525 sq ft
Total NIA: 852 sq ft
Anti Money Laundering Regulations
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.
More information
Listed by
Rory Mack Associates
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