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Commercial Properties For Sale in Stoke-On-Trent, Staffordshire

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Harris Lamb, Stoke-On-Trent Estate Agent Logo
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Former Robust UK Premises, Sutherland Road, Longton, Stoke-On-Trent, Staffordshire, ST3 1HZ

Location: The premises are located on the corner of Sutherland Road and Sandgate Street to the east of Longton Town Centre. The A50 lies approx. 0.5 miles to the south providing dual carriageway access to Derby and the M1 Motorway to the east and the A500 D Road and Stoke on Trent to the west. The A500 gives good access to most arterial roads in the area and also Junction 15 M6 Motorway approx. 5.5 miles. The immediate surrounding area comprises a mixture of commercial and industrial uses. Description: The site comprises of 3 elements:- Sutherland Works: A steel portal frame unit constructed with part brick / part glazed elevations with a pitched roof incorporating roof lights above. Loading access is via 4 roller shutter doors access from the yard area. The unit is lit by way of LED lights and eaves height is 4m. The unit has a two-storey internal office block providing a variety of good quality office space, toilets and canteen space. Externally, there is a car park providing approx. 85 parking spaces. Two Storey Unit: A brick-built unit situated on the corner of Sutherland Road and Sandgate Street. The building has a pitched profile clad roof incorporating roof lights and comprises of manufacturing space on the upper floor accessed via 3 loading doors in the rear elevation. Eaves height is approx. 4.1m. The lower floor provides office, toilet and locker room space accessed via personnel and 2 loading doors in the front elevation. Land: To the rear...

Harris Lamb, Stoke-On-Trent Estate Agent Logo
Light Industrial
  • ST1223
  • Two manufacturing units with expansion land
  • First floor office accommodation
Marketed by Harris Lamb, Stoke-On-Trent
Harris Lamb, Stoke-On-Trent Estate Agent Logo
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Bennett House, Town Road, Stoke On Trent, Staffordshire, ST1 2QB

Investment Summary: An opportunity to acquire a modern fully let office building. Prominently located within Hanley town centre, the commercial and administrative heart of Stoke-on-Trent. Strategically positioned approximately 6 miles from Junctions 15 and 16 of the M6 motorway, providing excellent connectivity across the Midlands and North West regions. 79% let to The Secretary of State for Housing, Communities and Local Government, who have occupied the building since 2002, offering secure income supported by strong public sector covenants. 21% let to the NHS, who have exercised their break option dated 31/03/2027. Comprises 44,786 sqft (4,161 sqm) arranged over three floors. Provides 167 on-site car parking spaces, equating to a parking ratio of 1:268 sqft. The property is held Freehold under title number SF475985. Produces a passing rent of £451,602 per annum, reflecting a low average rent of £10.08 per sqft inclusive of parking spaces. Headline ERV of £551,000 per annum. Provides a WAULT of 2.22 years to lease breaks. 100% of current income secured against UK Government-backed occupiers. Potential asset management opportunities through upcoming lease events and future rental growth. Proposal: We are instructed to seek offers in excess of £3,300,000, subject to contract and exclusive of VAT. A purchase at this level reflects a net initial yield of 12.85%, assuming standard purchaser's costs, and a low capital value of £74 per sqft. Net I

Harris Lamb, Stoke-On-Trent Estate Agent Logo
Commercial Property
  • Government let office investment
Marketed by Harris Lamb, Stoke-On-Trent
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