Call the team on 0345 646 2350 for more information
Commercial Retail
The property is situated in the centre of Stoke-on-Trent with other retailers close by including Sainsburys and Wetherspoons public house. Stoke is one of the six towns which make up the Stoke-on-Trent conurbation and is located just off the A500, a major urban expressway through the heart of the North Staffordshire conurbation linking junctions 15 and 16 of the M6 Motorway. The two storey retail premises is currently let to Factory Seconds with a rental income of £18,360 per annum with existing rising rental lease expiring in 2022.
Tenure
Freehold
Accommodation - Ground Floor & First Floor Total Area 3896.54 Sq ft (362 square meters) Services - Mains water, electricity and drainage are believed to be connected Tenure - Existing rising rental lease expiring in 2022. Planning - It is recommend that potential occupiers make their own enquiries to the local authority in order to satisfy themselves that their proposed use is authorised in planning terms.
Rating - 98 (First Floor) The Rateable Value is £5,800. Rating - 100- 102 The Rateable Value is £13,500. It is recommend parties make their own enquiries into any business rate relief which may be available.
Energy Efficiency Rating (EPC)
Current Rating D
Local Authority
Stoke on Trent City Council
Solicitors
Woolliscrofts Solicitors, 51 High Street, Stone, Staffordshire, ST15 8AF, Ref: Caroline Carnes, Tel: 01785 413302
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - £900 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.