20 Market Place, Leek, ST13 5HJ

INVESTMENT

SITUATION
The property was newly renovated to three seperate apartments that operate as self catered holiday lets. The town is a popular tourist and wedding destination and the turnkey operation generated an average net profit of £30,750 per annum.

DESCRIPTION
The property which is located on the first & second floor was converted to three self-contained apartments all finished and furnished to a high standard.

On the first floor:
2 x 1 double bedroom Apartments.
On the second floor:
1 x 2 Double Bedroom apartment.
Each apartment has its own kitchen, bathroom and open plan lounge/dining area.

There are also three separate store rooms used for linen and sundry supplies.

The property is accessed from the Market Square via a covered passageway which is shared between the subject property and the next door property. The ground floor comprising a shared entrance hall and staircase which leads to the three self-contained apartments.

LEEK
The property is located in Leek which has a population of 18,768, is located in Staffordshire with nearby towns including Stoke on Trent (12 miles), Congleton (13 miles) and Macclesfield (14 miles).

The town is well connected being on the A523 and A53 with rail services to London Euston via Stoke on Trent available in approximately 1 hour 37 minutes.

The property is situated in the centre of Leek in the middle of the Market Place which consists of many national High Street retailers including Costa Coffee, Beer Dock, Oxfam, Thorntons, Coral. Market Street has a car park in the middle of the square which is a pay and display.

VIEWINGS
Strictly by appointment with the sole agents Hallams Property Consultants.
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