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14 Upper Market Square, Hanley, ST1 1NS

Offers in Region of
£500,000

Business rates & charges may apply

The George Property Group Limited, Covering Wolverhampton
SIZE

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SECTOR

High street retail property for sale

Key features

  • 11% Yield
  • Income: £55,250
  • Let to Card Factory
  • Prime retail pitch
  • Nearby occupiers include Boots, Halifax and KFC

Description

Location
The property is situated within Upper Market Square, a high footfall, prime retail pitch within Hanley, Stoke-On-Trent.
Upper Market Square is centrally located within the centre of the Hanley adjacent to the Potteries Shopping Centre. The premises is located in close proximity to the popular Cultural Quarter, home to a growing number of retail, leisure and office focussed businesses.
Hanley is undergoing an era of successful regeneration projects spearheaded by the Smithfield development (nearby) which boasts circa 210,000 square feet of occupied Grade A office space, an 11 storey apartment complex and a large circa 700 space multi storey car park.

Description
The property comprises a mid-terrace premises split across three floors, providing ground floor retail accommodation with WC, ancillary and storage uses on the upper floors.
The premises is fully let to Card Factory at a rent of £55,250 per annum.

Tenure
The site is offered with freehold tenure, subject to the existing lease.

Lease
The whole premises is let to Card Factory with an income of £55,250 per annum. Lease expires in 2025. No upcoming rent reviews.

EPC
C-57

Legal Costs
Each party is to bear their own legal costs incurred.

VAT
All figures quoted are exclusive of VAT, but subject to VAT if applicable.

Viewings
Viewings are strictly via appointment with George Property Group. Please call for an appointment

Brochures

14 Upper Market Square, Hanley, ST1 1NS

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stoke-on-Trent Station1.3 miles
  • Longport Station2.0 miles
  • Longton Station3.0 miles

About The George Property Group Limited, Covering Wolverhampton

Covering Wolverhampton

Notes

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