Office for sale

Campbell Road, Stoke-on-Trent, Staffordshire

Guide Price 4,474 sq. ft. | £275,000

Property Description

Commercial information

  • 4,474 sq ft (415 sq m)
  • Use class orders: B1 Business

Key features

  • Multi-Let Investment for sale
  • Serviced 'all inclusive' offices
  • 4,474 Sq ft (415.63 Sq m)
  • Current annual income 52,882 pa
  • Scope to increase income to over 63,000 pa

Full description

Initiative House is a multi-let office Investment, offering flexible short and longer term agreements, with a current annual income of £52,600 pa. The property is marketed as a Business Centre and provides a range of offices over two floors with shared kitchen/toilet facilities. Current occupancy levels are 77% with scope to increase income to £63,000 pa.

Description - Initiative House is detached two storey multi let office Investment with a gross annual income of £52,882 per annum. The accommodation provides occupiers with low cost easy-in, easy out office space in an excellent location close to the A500 and A50. The property provides a range of offices over two floors with shared kitchen/toilet facilities. Current occupancy levels are 77% with scope to increase income to £63,000 pa gross.

The rental income is based upon £21.00psft - £25.00psft which includes all service costs such as: business rates, electric, heat and water. The net rental income for the property will vary upon these costs, details of which will be provided to bona fide interested parties.

Location - Initiative House is a short distance from Sideway providing a direct access from Campbell Road onto the A500 linking Junctions 15 and 16 on the M6 Motorway. Sideway also links the property to the A50 from Stoke-on-Trent to Derby and the M1 Motorway.

Accommodation - GROUND FLOOR:

Reception 196 Sq ft (18.24 Sq m)
Studio 1 125 Sq ft (11.61 Sq m)
Studio 2 189 Sq ft (17.52 Sq m)
Studio 3 127 Sq ft (11.83 Sq m)
Studio 4 104 Sq ft (9.06 Sq m)
Studio 5 117 Sq ft (10.89 Sq m)
Studio 6 284 Sq ft (26.41 Sq m)
Studio 7 119 Sq ft (11.08 Sq m)
Studio 8 119 Sq ft (11.08 Sq m)
Studio 9 251 Sq ft (23.40 Sq m)
Studio 10 314 Sq ft (29.19 Sq m)
Studio 11 149 Sq ft (13.05 Sq m)
Male / Female WCs
Loading Bay 396 Sq ft (28.42 Sq m)
Boiler Room/Store

FIRST FLOOR
Studio 12 281 Sq ft (26.06 Sq m)
Studio 13 122 Sq ft (11.33 Sq m)
Copier room 52 Sq ft (4.79 Sq m)
Studio 14 53 Sq ft (4.92 Sq m)
Studio 15 298 Sq ft (27.72 Sq m)
Training Room 1,277 Sq ft (18.62 Sq m) 281 Sq ft (26.06 Sq m)

TITAL NIA 4,767 Sq ft (443.12 Sq m)

*** For a schedule of rents/tenancies please refer to the back page of these particulars ***

Services - Electric, Heating and Water charges and Business Rates are all included within the rent. Telephone and broadband is the responsibility of the ingoing tenant.

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 £33,250. The standard non-domestic rating multiplier is 49.3 pence in the pound. The small business non-domestic rating multiplier is 48 pence 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 maybe available.

Tenure - Freehold subject to the leases noted overleaf.

Legal Costs - Each party is to be responsible for their own legal costs incurred in connection with the sale / purchase of the property.

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;

Paul Jeffries BSc(Hons)MRICS
Email : commercial@bjbmail.com

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

IMPORTANT NOTICE
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.


More information from this agent

Nearest stations

  • Stoke-on-Trent (1.4 mi)
  • Longton (2.2 mi)
  • Wedgwood (2.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Butters John Bee Group Limited, Stoke-On-Trent

Lakeview Festival Way, Stoke-On-Trent, ST1 5BJ

01782 955043 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.

Floorplans


To view this property or request more details, contact:

Butters John Bee Group Limited, Stoke-On-Trent

Lakeview Festival Way, Stoke-On-Trent, ST1 5BJ

01782 955043 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

  • Stoke-on-Trent (1.4 mi)
  • Longton (2.2 mi)
  • Wedgwood (2.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Butters John Bee Group Limited, Stoke-On-Trent

Lakeview Festival Way, Stoke-On-Trent, ST1 5BJ

01782 955043 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.

Disclaimer - Property reference 26038765. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Butters John Bee Group Limited, Stoke-On-Trent. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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