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COMMERCIALSOLD STC

Piccadilly, Stoke-On-Trent

Guide Price
£77,000
Keates, Stoke On Trent
PROPERTY TYPE

Restaurant

SIZE

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Key features

  • Commercial Investment Property
  • Let at £9600 pa on FRI Terms till December 2026
  • Subject to Reserve Price, Buyers fees apply
  • For Sale by Modern Auction – T & C's apply
  • Restaurant & Premises Approx 86 sqm
  • Ask an adviser to book your viewing

Description

For sale by Modern Method of Auction: Starting Bid Price £77,000 plus Reservation Fees. Prominently located commercial investment property for sale with sitting tenants. The property is leased on a full repair and insuring basis at a calendar month rental of £800. Equating to £9600 per annum until December 2026. The property is currently used as a bar/restaurant located close to The Regent Theatre. Comprises open Plan bar and seating at ground floor level with customer WC's to the rear. At first floor level are kitchens, a food preparation area and a staff WC. This property is for sale by “Regional Auction name powered by iamsold Ltd” or “iamsold Ltd.Auction end 19th February 2023 at 11am.

Location

Situated on Piccadily in Hanley Town Centre the premises is located a couple of doors away from the Regent Theatre and close Proximity to the Smithfield Buildings.

Floor Area

Approximately 86 sqm. 926 sqft.

Premises

Ground floor:
Bar/restaurant 3.19×13.45. With wooden floor, and serving hatch, built-in cupboard, large glass window to front, radiator, and Power Points.

Customer WC is: 3.12×2.41. With tiled floors, plastercised walls, suspended ceiling with extractor fans and inbuilt spotlights. Male and female WC's with wash and basins and sinks.

First floor
Landing area.
Kitchen: 3.48×5.90. With tile floor and tile walls. Power points, extraction system, gas points.
Food preparation room:2. 76×2.10. Wood laminate floor, power, points, window to front.
Staff WC: 1.59×.88. With wash hand basin and WC in white. Tiled floor.

Current Use

Licensed restaurant and premises. Use Class E.

Tenure/ Lease Details

Freehold Investment property sold with the benefit of an FRI lease granted 6th December 2021 for a term of 5 years at an annual rental of £9,600 per annum.

Business Rates

Current Rateable Value £8700 pa.

Brochures

Property BrochureFull Details

Piccadilly, Stoke-On-Trent

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stoke-on-Trent Station1.2 miles
  • Longport Station2.0 miles
  • Longton Station2.9 miles

About the agent

Keates, Stoke On Trent

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

Keates, Stoke On Trent

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 thr

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Notes

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Disclaimer - Property reference 12119886. 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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