- Freehold three-storey shop with upper-floor rooms, approx. 718 sq ft
- Potential income £13,200 pa (circa £1,100 pcm) after refurbishment
- Upper floors may convert to residential subject to planning permission
- Gas central heating present; EPCs awaited
- Requires renovation throughout; cosmetic and possible structural works
- Single off-street parking space and external storage area to rear
- Town-centre location with good footfall but high local crime rates
- Area classified as deprived; may affect rents and tenant demand
A compact, three-storey red-brick shop and premises in Cheadle town centre, offered freehold with a current potential rental income of £13,200 pa (circa £1,100 pcm). The ground floor is set up as a retail unit (formerly a barbers) with tiled sales area, rear workroom and basic welfare facilities. Upper floors previously operated as a flat and could be converted back to residential use subject to planning, offering added income or owner-occupation potential.
The building extends to approximately 718 sq ft in total and includes gas central heating, an external concrete yard with a storage unit and one off-street parking space. The property requires renovation and refurbishment throughout: cosmetic updating, potential reconfiguration and formalising any residential change of use will be necessary before re-letting or occupation. EPCs are awaited.
Buyers should note the immediate town-centre location brings footfall but sits within a deprived area classification and recorded high local crime rates; this may affect tenant mix, rental levels and insurance costs. The site suits an investor seeking a town-centre income opportunity with conversion upside, or a small business owner wanting ground-floor premises with ancillary upper floors.
Viewing is recommended for anyone considering a value-add investment or owner-occupier project. Planning and conversion potential should be verified with the local authority before committing; costs for refurbishment and any required compliance works should be factored into the purchase price.
