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COMMERCIAL

Uttoxeter Road, Stoke-On-Trent

Guide Price
£575,000
Keates, Stoke On Trent
PROPERTY TYPE

Commercial Property

SIZE

Ask agent

Key features

  • Income Producing Investment
  • 4 Retail Units, Workshop, Takeaway and Flat
  • EPCS D 92,B 33,D 90, B 44 C 67
  • Total Income Stream £59,400 p.a
  • For Sale by Modern Auction – T & C's apply
  • Subject to Reserve Price, Buyers fees apply

Description

IDEAL INVESTMENT . For sale by Modern Method of Auction: Starting Bid Price £575,000 plus Reservation Fees. Income-producing investment including a retail element comprising garage, micropub, mini market and barbershop, with a bathroom showroom over, an Indian takeaway with a one bed flat over, and a garage workshop. The retail element is of brick and tile, and brick and profile metal construction, and the workshop is of brick and profile metal construction. There are six car parking spaces to the front of the retail element. Total income stream £59,400 p.a.This property is for sale by “Regional Auction name powered by iamsold Ltd” or “iamsold Ltd.

Location

The property is located on Uttoxeter Road in Blythe Bridge, set in a row of rental units with Blythe Bridge High School opposite and residential housing in close proximity. There is easy access to the A50, which in turn provides access to the M6 via Junctions 15 & 16. The Railway network is easily accessible by way of Blythe Bridge Railway Station.

Services

Mains electrics, water and drainage are connected to the retail units and workshop. No services have been tested by the Agent or the Vendor. Interested parties are advised to make their own enquiries.

VAT

The sale price is not subject to VAT.

Tenure

Available freehold, subject to contract and with the benefit of the existing IRI leases.

Business Rates

Tenants are responsible for paying business rates.

Council Tax

The residential tenants are responsible for payment of council tax.

Planning

We recommend that all interested parties make their own enquiries with the local authority in order to satisfy themselves that the uses are authorised

Tenancy Details

Crossways Garage: Let at £12,000 PA for 6 years from 1st February 2023 on an IRI basis.
248 Uttoxeter Road: Let to Ali Spice at £15,000 PA for 20 years from 17th August 2023 with five-yearly reviews. Includes takeaway and 1bed 1st floor flat.
Unit 1, 246 Uttoxeter Road: Let to Crossways Micropub at £9,000 PA for 5 years from 1st July 2023 on an IRI basis
Unit 2, 246 Uttoxeter Road: Let to Lara Convenience Store at £6,240 PA for 5 years from 1st April 2023 on an IRI basis.
Unit 3, 246 Uttoxeter Road: Let to Izmir Barbershop at £7,500 for 5 years from 1st September 2022 on an IRI basis
1st Floor, 246 Uttoxeter Road: Let to Action Heat at £9,600 PA for 6 years from 19th December 2022 on an IRI basis.

Crossways Garage

Car repair workshop and premises.
Workshop 2056 sqft. Office 99 Sqft. Wc's 17sqft

Ali Spice

Indian takeaway with 1 bed flat over.
Restaurant: Approx: 450 sqft
One bed flat approx 390 sqft comprising living rom, bedroom, kitchen and bathroom.

Crossways Micro Pub

Bar: 477 sqft, WC's 36 swft and cellar 50 sqft.

Lara Store

Retails Space 212 sqft. Store 63 sqft

Barbers Shop

Shop approx 415 sqft and Kitchen 74 sqft

Action Bathrooms

Showrooms approx: 803 sqft. Offices 131 sqft and Stores 53 sqft

Brochures

Property BrochureFull Details

Energy Performance Certificates

Energy Performance Certificate

Uttoxeter Road, Stoke-On-Trent

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blythe Bridge Station0.4 miles
  • Longton Station3.7 miles
  • Wedgwood Station4.8 miles

About Keates, Stoke On Trent

84 Church Street, Stoke-On-Trent, ST4 1BS

A family firm stretching back to the 1920s. With the purchase and integration of both Stanley Keates & Sons offices our business expanded to cover all of North Staffordshire. Now under the ownership of Andrew & Richard Johnson the is once again a family firm.

The owners are both Chartered Surveyors and deal with Residential and Commercial property. The firm has now rebranded back to its roots and updated its image. With new IT, a new website and an updated image to drive its growth throughout the 2020s.

We offer our clients the following services;

Sales & Lettings, Auction Sales, Property Management, Homebuyers Reports & Valuations, Commercial Sales & Lettings and Commercial property advice.

As we are your local property experts your property will be in safe hands with Keates. So give us a call and get the right advice.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 12826627. 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 Keates, 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Keates, Stoke On Trent on 01782 847083.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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