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Commercial Property for sale

Belmont Road, Stoke-on-Trent, Staffordshire

Sold STC £185,000
1,562 sq. ft.

Property Description

Commercial information

  • 1,562 sq ft (145 sq m)

Key features

  • Excellent investment opportunity.
  • Let by way of a 9 year lease to Secretary of State for Health from 18/12/2009 producing 10,000 pa.
  • Two storey building occupied as a blood donor centre.
  • On site car park.
  • Prominently located and accessed from Belmont Road.
  • NIA 1562 sq ft (145 sq m)
  • Site area 0.36 acres.
  • EPC - D

Full description

An excellent investment opportunity producing £10,000 pa and consisting of a two storey premise occupied as blood donor centre with on site parking and in a site area of 0.36 acres.

Location - Stoke-on-Trent is a major commercial and industrial centre in North Staffordshire in the West Midlands. The City is located approximately 17 miles to the north of the County town of Stafford and 2 miles to the west of the neighbouring Newcastle-under-Lyme. The City is situated approximately equidistant between the major conurbations of Manchester to the north and Birmingham to the south, both of which are approximately 1 hour distant from the city.

More particularly the Property is situated on Belmont Road. The surrounding area is mixed in nature with Etruria Park, residential properties and Etruscan Primary School being within the locale. Festival Park is located on the opposite side of the A53 Etruria Road with a pedestrian bridge crossing in close proximity.

Description - The Property is a detached two storey former residential dwelling of brick construction and comprises an entrance hall off which there are a reception area; two offices; two treatment rooms and staff toilets together with two further offices at first floor with mess room and wc facilities. Externally there are 17 car parking spaces.

The Property is occupied by way of a lease dated 18 December 2009 to the Secretary of State for Health for a term of nine years commencing on the 18 December 2009. A deed of variation to the Lease was agreed 18 June 2015 to revise the rent from £11,500 pa to £10,000 pa with effect from 24 June 2015. The National Blood Service Donation Centre is not affected and the property is being sold as an investment.

Accommodation - Ground Floor:
Reception: 141 sq ft (13.159 sq m)
Office 1: 48 sq ft (4.484 sq m)
Office 2: 46 sq ft (4.324 sq m)
Treatment Room 1: 164 sq ft (15.3 sq m)
Treatment Room 2: 278 sq ft (25.854 sq m)
Store: 52 sq ft (4.855 sq m)

First Floor:
Office 3: 77 sq ft (7.168 sq m)
Office 4: 363 sq ft (33.74 sq m)
Mess Room: 216 sq ft (20.077 sq m)
Male & female toilets
Server room
Boiler room

Single garage: 174 sq ft (16.205 sq m)
17 car parking spaces and enclosed rear garden area

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

Rating - The Rateable Value is £10,500. The standard non-domestic rating multiplier is 49.7p in the pound. The small business non-domestic rating multiplier is 48.4p in the pound, for properties with a rateable value up to £18,000.

Tenure - Freehold subject to the existing lease.

Vat - Bjb are advised that VAT is not applicable.

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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