Mixed Use Investment Opportunity

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.