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Office for sale

Vale Street, Stoke-on-Trent, Staffordshire

Sold STC £180,000
1,989 sq. ft.

Property Description

Commercial information

  • 1,989 sq ft (184 sq m)

Full description

The property comprises a part commercial part residential investment, and has been refurbished to generally a high standard throughout.

Description - The property comprises a part commercial part residential investment, and has been refurbished to generally a high standard throughout.

The property itself comprises a two storey end terraced building which has in recent times been refurbished and extended, and includes the benefit of a secure and generous car parking provision to the side.

The ground floor office accommodation benefits from having full gas fired central heating and UPVC double glazing whereas the first floor residential accommodation (consisting of two self contained flats) has UPVC double glazing and electric storage heating

We are advised that the flats are presently let at £450 per calendar month each (equating to £10,800 per annum) on Assured Short Hold Tenancy terms.

We feel that the office accommodation would be suitable for use by a small firm of solicitors or accountants or possible by trading providers or indeed a similar company looking for quality accommodation in this locality.

The offices are currently being marketed at an asking rent of £12,000 per annum, on lease terms to be negotiated.

Location - The property is located at the bottom of Vale Street which sits on the fringe of the Hartshill area and is conveniently located for access to both Stoke and Newcastle Under Lyme.

The A500 and its subsequence connection to Junctions 15 and 16 of the M6 motorway provide speedy access to both the North and the South of the City. The A50 which provides access to the East Midlands is also in close proximity of the property.

Surrounding properties are predominately a mixture of retail and commercial uses with some residential use in the vicinity.

Accommodation - Ground Floor
Reception 60 sq ft (5.56 sq m)
Main Office 229 sq ft (21.30 sq m)
Large Office 215 sq ft (9.94 SQ M)
Store 40 sq ft (3.69 sq m)
Kitchen 55 sq ft (5.12 sq m)
Disabled WC
Training Room 196 sq ft (18.17 sq m)
Rear small Office 83 sq ft (7.74 sq m)
Managers Office 134 sq ft (12.48 sq m)

TOTAL NET INTERNAL AREA 1012 sq ft ( 94.02 sq m)

First Floor Accommodation

Flat A
Entrance Hall
Lounge/Kitchen 254 sq.ft (23.62 sq.m)
Bedroom 1 99 sq.ft (9.20 sq.m)
Bedroom 2 89 sq.ft (8.23 sq.m)
Shower room 34 sq.ft (3.2 sq.m)

Flat B
Entrance Hall
Lounge/Kitchen 229 sq.ft (21.31 sq.m)
Bedroom 1 124 sq.ft (11.51 sq.m)
Bedroom 2 97 sq.ft (8.97 sq.m)
Shower Room 51 sq.ft (4.7 sq.m)

NET INTERNAL AREA 977 sq.ft (90.74 sq.m)

Outside enclosed private car park 1711 sq.ft (158.96 sq.m)

TOTAL NIA 1989 sq.ft (184.76 sq.m)

Services - All main services are available subject to any reconnection which may be necessary.

Planning - Bjb 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 - The Rateable Value is £2,225 . Council Tax will be payable on the first floor residential accommodation. The standard non-domestic rating multiplier is 48.2p in the pound. The small business non-domestic rating multiplier is 47.1p in the pound, for properties with a rateable value up to £18,000. Bjb recommend parties make their own enquiries into any further business rate relief which may be available.

Tenure - Freehold with vacant possession upon completion.

Legal Costs - The ingoing tenant is responsible for the landlord's legal costs in connection with the preparation of the lease.

Viewing - Strictly by appointment via bjb commercial, Head Office, Lake View, Festival Way, Stoke-on-Trent, ST1 5BJ. Telephone 01782 212201. Opening hours are 9.00 - 5.30pm, Monday to Friday.

Contact - For all enquiries other than viewings please contact:
Richard Day Bsc (Hons) MRICS

Subject To Contract - Misrepresentation Act 1967: These particulars do not form part of any contract and whilst believed to be correct, no responsibility can be accepted for any errors.

All prices quoted are exclusive of VAT if applicable. Butters John Bee recommends potential purchasers / occupiers seek independent advice with regard to VAT and property.

All areas and dimensions given are approximate only.

As the Sellers agent, we are not Surveyors or Conveyancing experts and as such we cannot and do not comment on the condition of the property or other issues relating to title or other legal issues that may affect this property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Lease details, service charges and ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. The copyright of all details, photographs and floorplans remain the possession of bjb.

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