Investment opportunity fully let

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

Energy rating

How it compares

History

• First listed on Cornerlot 11 Oct 2026.

BTG Eddisons' record

About the lot

Freehold retail lot in Stoke-On-Trent. Producing £29,000 a year, a 12.9% gross yield at the guide.

Lot 352, Commercial Property. Investment opportunity fully let. Current Gross income £29,000 per annum. Busy location. EPC Rating: B E F E. An investment opportunity comprising of four units fronting Percy Street within a parade of shops located on the ground floor of a four storey period building centrally located in Hanley centre, along with the freehold interest of the upper floors which were previously sold on a long lease. Total current income £29,000pa. Number 15 Percy Street used to be African Grill and the new tenant is working toward opening a coffee/ tea rooms extending to circa 1,984 sq.ft on the ground floor and extensive basement which runs beneath the other units being offered within this portfolio. The unit benefits from a fitted commercial kitchen, in the basement there is 1 ladies and 2 male toilets and large seating Area. Number 17 Percy Street extends to approximately 500 sq.ft (we are advised) and is a well-established Jewellers. The unit boasts two rooms at the first floor which is used as a work shop, accessed from inside the shop and has a roller shutter, there is scope to increase the rent. Number 19 Percy Street is a Barbers shop which is finished to a high standard internally and is well established. We feel there is scope to increase the rent inline with the current market. Number 21 Percy Street is trading as a mobile phone repair shop. Number 23 Percy Street has been sold on a long leasehold. Tenancy Details Number 15 Percy Street held on a new three year lease with rent passing £8400pa Number 17 Percy Street is held on a rolling basis paying £8,000 per annum. Number 19 Percy Street is held on a rolling basis paying £7,800 per annum. Number 21 Percy Street on a new 5 year lease paying £4800pa Interested parties are advised to inspect the legal pack for more information. Location The units are located along Percy Street close to the junction with Stafford Lane and Piccadilly, a prime shopping area which has undergone a large regeneration scheme within recent years. The units benefit from a large amount of passing trade. Occupancy: Subject to a tenancy. Tenure: Freehold Occupancy: Subject to a tenancy General: Note Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding. Draft Sales Particulars These sales details are awaiting vendor approval Address: 15 - 23 Percy Street, Stoke-On-Trent, Staffordshire ST1 1NA