Retail premises for sale in Upper Market Square, Stoke-On-Trent ST1, £650,000

650,000.00

Offer Nr.:
64706337
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
The George Property Group
Phone(s):
01902 858217

* Busy High Street Location
* Established Business
* Prime Retail Pitch
* Whole premises let to Card Factory
* Income: £55, 250 per annum
* Nearby occupiers include Boots, Halifax Bank and kfc
Location
The property is situated within Upper Market Square, a high footfall, prime
retail pitch within Hanley, Stoke - On - Trent.
Upper Market Square is centrally located within the centre of the Hanley
adjacent to the Potteries Shopping Centre. The premises is located in close
proximity to the popular Cultural Quarter, home to a growing number of retail,
leisure and office focussed businesses.
Hanley is undergoing an era of successful regeneration projects spearheaded by
the Smithfield development (nearby) which boasts circa 210, 000 square feet of
occupied Grade A office space, an 11 storey apartment complex and a large
circa 700 space multistorey car park.
Description
The property comprises a mid - terrace premises split across three floors,
providing ground floor retail accommodation with WC, ancillary and storage
uses on the upper floors.
The premises is fully let to Card Factory at a rent of £55, 350 per annum.
Accommodation
Sq. M Sq. Ft
Ground Floor 70. 14 755
First Floor 48. 10 517
Second Floor 13. 15 141
Total 131. 39 1, 413
Price
Price upon application.
Tenure
The site is offered with freehold tenure, subject to the existing lease.
Lease
The whole premises is let to Card Factory with an income of £55, 250 per annum.
Lease expires in 2025. No upcoming rent reviews.
Legal Costs
Each party is to bear their own legal costs incurred.
**VAT
**
All figures quoted are exclusive of VAT, but subject to VAT if applicable.
**EPC
**
Available upon request.
Viewings
Viewings are strictly via appointment with George Property Group. Please call
for an appointment.

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