Distribution Warehouse for sale

Unit A & B Liverpool Road/Enderley Street, Newcastle-under-Lyme, Staffordshire ST5 2LE

Offers in Excess of 17,929 sq. ft. | £1,300,000

Property Description

Commercial information

  • 17,929 sq ft (1,665 sq m)

Key features

  • Two Units let to Jewson Ltd and H&H (Retail) Ltd on renewed 10 year leases until 2024 (subject to options)
  • Tenants in occupation for over 25 years
  • Busy main road location
  • Nearby occupiers include Sainsbury¿s, National Tyres and Autocare
  • Approximate site area of 1.19 acres
  • On-site car parking for approximately 75 cars

Full description

Tenure: Freehold

ADDRESS: Unit A & B Liverpool Road/Enderley Street, Newcastle-under-Lyme, Staffordshire ST5 2LE
¿ Two Units let to Jewson Ltd and H&H (Retail) Ltd on renewed 10 year leases until 2024 (subject to options)
¿ Tenants in occupation for over 25 years
¿ Busy main road location
¿ Nearby occupiers include Sainsbury¿s, National Tyres and Autocare
¿ Approximate site area of 1.19 acres
¿ On-site car parking for approximately 75 cars
LOCATION
Miles: 3 miles west of Stoke-on-Trent 42 miles south of Manchester 44 miles north of Birmingham
Roads: A525, A34, M6 (Junction 15 & 16) Rail: Stoke-on-Trent Railway Station
Air: Manchester International Airport
SITUATION
The property is situated in a prominent corner position at the junction of Enderley Street and Liverpool Road in an established trade counter location which is 200 yards north of the town centre ring road, on the busy A34 dual carriageway. The property also benefits from excellent access to the M6 motorway (Junctions 15 and 16).
DESCRIPTION:
The property comprises a modern trade counter warehouse divided into two units, with car parking for approximately 75 cars. The property also benefits from a rear servicing yard and an approximate site area of 0.167 hectares (0.41 acres)
ACCOMMODATION & TENANCY
Unit A: Let to JEWSON LTD t/a Graham Plumbing Supplies for 10 years from 12/12/2014 at current rent of . £50,000 p.a The leases provide an option to determine on the fifth anniversary of the term
Unit B: Let to H&H (RETAIL) LTD t/a Alan Ward Furniture for 10 years from 12/12/2014 at a current rent of £40,000 p.a. The leases provide an option to determine on the fifth anniversary of the term
Unit A: Retail Warehouse/ Ancillary: 7,963 sq ft
Unit B: Retail Warehouse/ Ancillary: 9,966 sq ft
Total Area: 17,929 sq ft

TENANT¿S INFORMATION:
Graham Plumbers Merchant is a major supplier of plumbing, heating, bathroom materials and renewable solutions. (Source: www.grahamplumbersmerchant.co.uk 12/01/2015)
Founded in 1970, Alan Ward is one of the largest independent furniture retailers in the UK. (Source: www.alanwardfurniture.co.uk 12/01/2015)
RENT: £90,000 per annum. TENURE: Freehold VAT IS: Applicable

PRICE: Offers in excess of £1300, 000-6.5% net





More information from this agent

Nearest stations

  • Longport (1.9 mi)
  • Stoke-on-Trent (2.1 mi)
  • Longton (4.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Suttons, London

100 Pall Mall London SW1Y 5NQ

020 8012 3073 Local call rate

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Floorplans


To view this property or request more details, contact:

Suttons, London

100 Pall Mall London SW1Y 5NQ

020 8012 3073 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Longport (1.9 mi)
  • Stoke-on-Trent (2.1 mi)
  • Longton (4.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Suttons, London

100 Pall Mall London SW1Y 5NQ

020 8012 3073 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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