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37 Marsh Parade

Newcastle-under-Lyme, ST5 1BT

Commercial
For Sale

20, Hartshill Road, Hartshill, Staffordshire, ST4 7QU

A substantial end of terrace commercial and residential investment opportunity briefly comprising a self-contained retail unit together with rear store/workshop as well as a self-contained and separately accessed three bedroom flat arranged on 1st and 2nd floor.

LOCATION
As referenced by the attached plan the property is located on the edge of Stoke town centre and is within 50 yards of public car parking.

DESCRIPTION
A substantial end of terrace commercial and residential investment opportunity briefly comprising a self-contained retail unit together with rear store/workshop as well as a self-contained and separately accessed three bedroom flat arranged on 1st and 2nd floor. The retail unit offers well-proportioned sales accommodation together with two private offices and a large kitchen/store to the rear. The property has excellent display frontage to Hartshill Road as well as return frontage to Green Street.

ACCOMMODATION
Ground floor (shop):
Sales area (inc 2 offices): 682 sq. ft.
Kitchen/store: 189 sq. ft.
2 x WC’s: -
NIA: 871 sq. ft.

Ground floor workshop: 412 sq. ft.
1st Floor storage above: 702 sq. ft.

Flats:
1st Floor: Lounge 20’3” x 13’9”
Kitchen 13’9” x 11’9”
Bathroom 10’9” x 6’6”
Bedroom 9’6” x 10’0”
2nd Floor: Bedroom 10’9” x 13’9”
Bedroom 10’3” x 9’0”
Store 24’0” x 8’3”
Outside: To the side is a small secure courtyard offering 49 sq. ft. of accommodation.

SERVICES
All main services are connected to the retail property and heating is provided by a gas fired hot air ducting system. The flat is separately metered and benefits from independent gas fired central heating. No services have been tested by the agent.

TERMS
The freehold is available with vacant possession of the commercial part at an asking price of £175,000.

OUTGOINGS
The retail premises together with rear ground and 1st floor store/workshop has a rateable value of £4,350.
Rates Payable: £2,000 pa (17/18)
Note: If you qualify for Small Business Rates Relief you will be entitled to a 100% rates exemption.

VAT
The sale price is not subject to VAT.

OTHER
EPC
TBA

INVESTMENT POTENTIAL
The flat is currently let on a room by room basis with one room let at £400 pcm, and two others vacant. The property currently achieves a yearly income of £4,800 pa. There is also the opportunity of leasing the rear workshop/store separately.

There does not appear to be any floorplans for this property.

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