Savills · 21 Oct 2026 · in 2 days
Freehold Vacant Retail Opportunity
47-49 London Road, Chesterton, Newcastle-under-Lyme, ST5 7EL · West Midlands
LiveRetailFreeholdVacant
- Guide
- £130,000
- Rent a year
- ≈£15,600est.
- Yield on the guide
- ≈12.0%est.
- Payback
- ≈8.3 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- E
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.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
E from the government EPC register, lodged 20 Jul 2021 (certificate 7823-4019-6046-6346-4467). Rated E: lettable today, the lowest band that is. Proposals to raise the minimum for commercial lets have been consulted on, so check what upgrades would cost.
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Savills' record
Savills' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold retail lot in Newcastle-under-Lyme. Offered vacant, so there's no income from day one.
Freehold Vacant Retail Opportunity with a Number of Asset Management and Development Options Two Retail Units and Associated Upper Parts with Evident Asset Management Potential Via Letting, with Side Access and Yard Allowing for Conversion of the Upper Parts to Residential (subject to obtaining the requisite consents) Offered with Full Vacant Possession. Freehold Vacant Retail Opportunity. Two Retail Units and Associated Upper Parts. Evident Asset Management Potential Via Letting. Development/Conversion Potential (subject to consents). Central High Footfall Pitch. VAT-Free Opportunity. Offered with Full Vacant Possession. The property comprises a vacant mixed-use opportunity with a number of asset management and development options. Arranged as two ground floor retail units with associated upper parts, the property is currently fully vacant, having previously been operated by a bookmaker and a takeaway. The property could be suitable for immediate letting or the ground floor units could be combined to create a single retail space in order to attract national retailers. The upper parts are currently internally accessed, but the property benefits from external access at the side and a rear yard. This could be utilised to create an additional access to the upper parts allowing for conversion to alternative uses, including residential (subject to obtaiing the requisite consents). We consider that if works were done to convert the upper parts to a residential HMO, the property could generate a rent of £40,000 per annum if fully let. The property occupies a prominent pitch fronting London Road, a principal arterial route benefitting from high footfall. The surrounding area is characterised by a mix of retail and residential uses. Tenure: Freehold
Figures come from Savills' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.