Millrise Road, Milton, Stoke-on-trent, City Of Stoke-on-trent

Freehold Land for sale (1.2 Acre)

Land with Superstore, Post Office and 1st floor 3 bedroom and 4 bedroom Flats – Stoke-on-Trent, ST2 7BN

Asking Price: £1,400,000 – Freehold

An excellent opportunity to acquire a freehold superstore and Post Office business, together with two first-floor flats, extensive car parking, a car wash facility and approximately 1.2 acres of land in a busy residential area of Stoke-on-Trent.

The property occupies an approximately 10,000 sq ft site, with the shop occupying around 2,000 sq ft. The surrounding residential community, passing trade and established customer base support the existing business.

Business & Trading Information

Average weekly sales of approximately £25,000, excluding services.

Post Office remuneration of approximately £16,000 per annum.

Additional services include Lottery, PayPoint/PayZone and parcel services.

Premises licence in place, as advised.

Fixtures and fittings, including chillers, freezers, shelving and gondolas, are reportedly owned outright and included in the sale, subject to confirmation.

Property & External Features

Two first-floor flats, described in the supplied information as one 3-bedroom and one 4-bedroom flat.

Approximately 1.2 acres of land, currently used for parking.

Extensive free parking to the front and side, plus a car wash facility.

Potential for residential development, including houses or a block of flats, subject to planning permission and relevant approvals.

Energy Performance Rating: D.

Trading Hours
Monday–Saturday: 7:00 am–9:00 pm
Sunday: 9:00 am–7:00 pm

The seller's information also states 7:00 am–10:00 pm; current opening hours should be confirmed.

Investment Potential

The property has been marketed as offering potential for a 10% yield, subject to independent financial assessment and verification of rental income, costs and other relevant factors. The current owner has advised that some small business rates relief applies; purchasers should verify rates liability and eligibility with the local authority.

This opportunity may suit an experienced convenience-store operator, investor or developer seeking a substantial freehold property with an established business and potential for further improvement.