Commercial Property for saleDuke Street, Stoke-on-Trent, Staffordshire
Sold STC 3,834 sq. ft. | £239,950
- 3,834 sq ft (356 sq m)
- Use class orders: B2 General Industrial
- Investment producing £21,600 pa
- Longstanding tenant
- Multiple buildings including Sales Office, workshop and industrial unit
- GIA: 3834 Sq ft (356.18 Sq m)
- Car lot to accommodate circa 20 cars
39D Duke Street provides a range of buildings and a car lot with easy access to the A50. This fantastic investment has a gross income of £21,600 per annum generated from a long standing tenant who has been in occupation for over 7 years trading as a garage and body shop.
Description - The premises consist of a car sales pitch, single storey offices with reception and WCs with attached single bay warehouse incorporating spray booth with roller shutter door access and gas blower heater, A detached 3 bay workshop is situated at the rear of the site used for vehicle repairs.
The income is generated via two leases one for a period of 5 years from 01/11/16 and the second for a period of 1 year from 01/12/16. Copies of the leases are available to bona fide interested parties, please contact the agent for further information. This fantastic investment has a gross income of £21,600 per annum generated from a long standing tenant who has been in occupation for over 7 years.
Location - The property is located at the top of Duke Street close to the junction with King Street. The A50 which links Stoke to Derby is easily accessible and lies approximately 0.5 miles to the south. Fenton and Longton are the nearest district centres providing a range of retail and leisure operators.
SAT NAV: ST4 3PA
Accommodation - Single storey Car Sales Office:
Reception: 99 Sq ft (9.22 sq m)
Sales Office: 224 Sq ft (20.82 Sq m)
Stores: 315 Sq ft (29.29 Sq m)
WCs 96 Sq ft (8.91 Sq m)
Attached workshop - used as a body shop:
Workshop GIA: 2321 Sq ft (215.58 Sq m)
Store: 103 Sq ft (9.56 Sq m)
3 bay workshop (detached):
GIA: 676 Sq ft (62.77 Sq m)
TOTAL GIA: 3,834 Sq ft (356.18 Sq m)
The buildings sit on a total site area of approximately 0.25 Acres
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.
Services - All mains services are available subject to any reconnection which may be necessary.
Tenure - Freehold subject to the following leases:
A 5 year lease from 1st November 2016 at £12,600 per annum
A 1 year lease from 1st December 2016 at £9,000 per annum
Legal Costs - Each party is to be responsible for their own legal costs incurred in connection with the sale / purchase of the property.
Fixtures And Fittings - The spray booth is included within the asking price together with some other fixtures and fittings. An inventory will be prepared prior to sale.
Viewings - 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 : email@example.com
Vat - VAT is / is not applicable to this property.
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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