Retail premises for sale in Broad Street, Leek, Staffordshire ST13

£50,000 (£115.74/sq. ft)
Retail premises for sale 432 sq. ft*
Interested in this property? Call +44 1782 933454 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Ground and basement retail unit
  • Grade II listed building
  • Including first floor flat - let on a 125 year lease
  • Total floor area 432 sq.ft

Property description

Prominent retail unit arranged on ground floor and basement within Grade II Listed building.

Description

The property comprises a Grade II Listed building with entrance door leading into the main retail area with arch display window. It has timber boarded floor, painted walls and a high ceiling. Stairs lead to the basement which has also been used as display and retail space and provides very interesting space. There is also a further room off the main basement which could be incorporated within the main space. A door leads to a kitchen and toilet. The basement has timber boarded floor, painted walls and ceiling.

The property also includes a first floor two bedroom flat which is currently let on a 125 year lease with approximately 90 years remaining.

Location

The property is situated on Broad Street in Leek, adjacent to the junction of Broad Street with St. Edward Street and Compton. This is a principal crossroad within Leek Town Centre. Leek is a market town on the edge of the Peak District National Park approximately 10 miles north east of the Stoke-on-Trent conurbation and 13 miles south of Macclesfield Town Centre. Leek has a population of some 20,768 (Census 2011) and as the gateway to the Peak District National Park and well placed for Alton Towers tourist attraction, it has a large volume of passing traffic.

The main High Street is close by and includes Wilkinsons, Home Bargains, Boots and wh Smith. The property is also close to Halfords.

Accommodation

Ground Floor 149 sq.ft. (13.84 sq.m.)
Basement
Main Room 162 sq.ft. (15.04 sq.m.)
Separate Room 83 sq.ft. (7.71 sq.m.)
Kitchen 38 sq.ft. (3.53 sq.m.)
Toilet
Total Floor Area 432 sq.ft. (40.13 sq.m.)

First Floor Two Bedroom Flat

Services

Main water, electricity and drainage are connected

Tenure

Freehold. The first floor flat is currently let on a 125 year lease with 90 years remaining at a current rent of £25 per annum. The flat is responsible for all maintenance. We have not seen sight of the lease and this information has been provided to us.

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.

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.

Rating

The voa website advises the rateable value for 2018/19 is to be confirmed. The standard non-domestic business rates multiplier is 49.3p. The small business multiplier is 48.0p up to a rateable value of £51,000. 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.

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.

Important notice
As the Sellers agent, we are not Surveyors or Conveyancing experts and as such we cannot and do not comment on the condition of the property or other issues relating to title or other legal issues that may affect this property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Lease details, service charges and ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. The copyright of all details, photographs and floorplans remain the possession of bjb.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Butters John Bee - Commercial, ST1 on +44 1782 933454 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Butters John Bee - Commercial, and do not constitute property particulars. Please contact Butters John Bee - Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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