Former Jaguar & Land Rover Showrooms, Victoria Square, Broad Street, Hanley, Stoke-on-Trent, ST1 4JH

Description
The property comprises two former car dealerships.
The former Jaguar dealership is located on the north side of the site fronting Cannon Place, the property is a single storey car showroom. The unit is configured with glazed showroom element to the front with partitioned offices, to the rear there is a valeting unit. Externally at the rear of the property is a ramp that provides access toa roof top parking deck. The property benefits from 18 forecourt parking spaces, 36 roof deck spaces and further 26 spaces in the rear yard.
The former Land Rover dealership is located on the south side of the site, fronting Broad Street. The property comprises a showroom & workshop and separate self contained workshop. The showroom unit is configured with fully glazed return frontage showroom and reception area which includes offices, to the rear is a workshop area. The self contained workshop is accessed via 3 roller shutter doors. Externally the property has 22 forecourt spaces front Broad St, with additional 80 spaces to the side and rear of the property.

Location
The property is prominently situated in Hanley, Stoke on Trent fronting Broad Street (A5006). Hanley town centre is approximately 0.5 miles to the north of the site.

Terms
The property is available to rent by way of a new FRI lease on terms to be agreed. Alternatively the owner may consider a sale of the property.

Anti-Money Laundering
In accordance with AML Regulations, we are obliged to verify the identity and the source of funds for the proposed tenant / purchaser, once a letting / sale has been agreed and prior to instructing solicitors.

Rates
The retail and hospitality business rates relief scheme is 75% until the end of 2024/2025, for 2025,2026 the relief rate drops to 40%. This is capped per business with the cap remaining at £110,000.