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Commercial Property for sale

43 Piccadilly, Hanley, Stoke-on-Trent, Staffordshire, ST1 1EN

Removed 887 sq. ft. | £125,000

Property Description

Commercial information

  • 887 sq ft (82 sq m)

Full description

Tenure: Freehold

LOCATION
The property forms part of an established terrace of shops/restaurants within the pedestrianised Cultural Quarter of Hanley town centre and is three doors down from the Regent Theatre´s main entrance. Public car parks are nearby. Piccadilly will ultimately become one of the main thoroughfares between Hanley town centre and the new Business District where Stoke City County Council are relocating.

DESCRIPTION
Investment Opportunity presently achieving a rent of £10,000 pax.

This well-presented town centre restaurant premises comprising a ground floor restaurant (including a bar area) with a seating area for approximately 40 people together with a 1st floor kitchen (serviced by a dumb waiter), store room and private staff facilities.

The property is let as of May 2013 and achieves a rent of £10,000 PAX. Further information is available upon request.

ACCOMMODATION
Ground Floor:
Restaurant/Sales: 561 sq. ft.
Store: 11 sq. ft.
Male & Female WC´s: -

1st Floor:
Kitchen and Store: 315 sq. ft.
Staff WC: -
Total NIA: 887 sq. ft.

SERVICES
All mains services are connected. Gas fired central heating installed. Please note that no services have been tested by the agents.

TERMS
Available freehold, subject to contract and subject to the existing lease.

OUTGOINGS
BUSINESS RATES
Rateable Value: £10,250

VAT
The sale price is not subject to VAT.

PLANNING
Currently being used as a restaurant the premises has an (A3) Use Class Order, which automatically enables the property to be used for retail (A1) and Professional Offices (A2).


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