114-116 High Street, Stoke-on-Trent, Staffordshire, ST6 5TJ

Substantial Freehold High Street former Poundland store ideal for a variety of uses (STP)

Property details

Type Investment
Tenure Freehold.
Price Offers based on £300,000
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Features
  • Substantial High Street retail property
  • 7,240 sq. ft. (672.86 sq m) over two floors
  • Nearby occupiers include Asda, Matalan & Boots
  • Rear access via Rathbone Street
  • Suitable for a variety of uses ( STP)
  • Freehold – offers based on £300,000
Description

The property comprises a large ground floor retail unit with first floor ancillary accommodation. To the ground floor there is a large open plan retail area, with rear plant room and loading bay. To the first floor there is ample storage space as well as offices, staff room and locker room. The property benefits from servicing off Rathbone Street.

Location
The property is located in Tunstall, one of the 5 towns of Stoke on Trent, and benefits from good road links via the A500 and M6 Junctions. The property fronts High Street, in the heart of Tunstall town centre. Alexandra Park is to the rear where occupiers include Boots, Iceland, Home Bargains, Costa Coffee, Barnardos, Card Factory, Specsavers and Tunstall Primary Care Centre. Asda, Matalan, Poundland and Argos are also located nearby.
Tenure
Freehold.
Price
Offers based on £300,000 are invited for the Freehold interest.
Business Rates
We are advised that the current Rateable value (April 2023 to present) is £18,000.
Additional Information
FOR FURTHER INFORMATION & VIEWINGS PLEASE CONTACT -
Garry Johnson
[email protected]
0121 524 2583
VAT
We understand that the property is elected for VAT and the transaction will be treated as a transfer of a going concern (TOGC).
EPC
Available upon request.
Legal Costs
Each party are responsible for their own legal costs that may be incurred in this transaction.
Anti Money Laundering
In accordance with Anti Money Laundering Regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.