Retail premises for sale in London Road, Penkhull, Stoke-On-Trent ST4, £125,000

125,000.00

Offer Nr.:
65400608
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Butters John Bee - Commercial
Phone(s):
01782 933454

* Freehold
* Highly prominent two storey property
* Semi - detached
* Occupying corner position
* Requires refurbishment
* Ground floor retail shop
* First floor former Salon
* Freehold with vacant possession
An extensive and highly prominent retail premises with former hair salon
above. Situated on the corner of London Road and Flash Lane in Stoke - on - Trent.
The property would suit a variety of uses (STPP) and whilst it requires
refurbishment and improvement throughout it has an abundance of potential.
Offered freehold with vacant possession.
**Description**
A two storey property of brick construction under a pitched tile roof.
Configured over two floors with the ground floor being a retail shop, there is
separate access to the first floor which was previously a hair salon but could
be used as a flat. The property offers an excellent opportunity to either an
owner occupier or investor seeking prominent premises on a busy road between
Stoke - on - Trent and Newcastle. Whilst the property requires refurbishment and
improvement it offers potential to those looking to convert into two flats
(STPP) or continuation of its existing use as a shop with flat above.
A detached workshop on Flash Lane is available through separate negotiation
with a guide price of £18, 500 plus. Please visit for further information.
**Location**
The property is located on London Road on the corner/junction with Flash Lane.
On street parking is available in front and to the rear of the property. Sat
Nav users should use post code ST4 5NZ.
**Accommodation**
Ground floor
Sales: 463 Sq ft (43. 01 Sq m)
Office: 132 Sq ft (12. 14 Sq m)
Store: 120 Sq ft (11. 15 Sq m)
NIA: 715 Sq ft (66. 42 Sq m)
**First floor**
Landing Area
Salon - room one: 143 Sq ft (13. 28 Sq m)
Salon - room two: 51 Sq ft (4. 74 Sq m)
Salon - room three: 149 Sq ft (13. 84 Sq m)
Store: 31 Sq ft (2. 88 Sq m)
**WC**
Kitchen: 175 Sq ft (16. 26 Sq m)
NIA: 549 Sq ft (51. 00 Sq m)
total NIA: 1264 Sq ft (117. 43 Sq m)
**Services**
All mains services are available subject to any reconnection which may be
necessary.
**Rating**
***zero business rates applicable***
The voa website advises the rateable value for 2023/24 is £6, 300. The standard
non - domestic business rates multiplier is 51. 2p. The small business multiplier
is 49. 9p up to a rateable value of £50, 999. Small Business may benefit for
upto100% on premises with a rateable value of up to £12, 000 and a tapered
relief for rateable values between £12, 000 and £15, 000.
Bjb recommends interested parties make their own enquiries into the business
rate payable any further business rate relief which may be available.
**Planning**
Bjb recommend that potential occupiers make their own enquiries to the local
authority in order to satisfy themselves that their proposed use is authorised
in planning terms.
**Epc**
The property has a valid EPC with a rating of G (167)
**Tenure - Freehold**
Freehold with vacant possession.
**Proof Of Identity**
To comply with Money Laundering Regulations, on acceptance of an offer for
purchase or letting, the buyer or prospective tenant will be required to
provide identification to Butters John Bee. Where a property is due to go to
auction, all bidders will be required to register prior to auction.
**Legal Costs - Sale**
Each party is responsible for their own legal costs in respect of the sale of
this premises.
**Vat**
We have been advised Vat is not applicable to this property.
**Viewing**
Strictly by appointment via bjb commercial, Suite 1, Albion House, No. 2
Etruria Office Village, Forge Lane, Festival Park, Stoke - on - Trent, ST1 5RQ
Telephone . Opening hours are 9. 00 - 5. 30pm, Monday to Friday.

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