A two storey retail premises on Biddulph High Street. The property is currently used as a ground floor card shop with a vacant first floor flat. The flat has a separate entrance from the rear but is in need of updating. The whole property is currently let to the gf tenant at £10,800 pa however they do not require the first floor and would agree to a new lease for the gf only.
A two storey mixed use premises with ground floor retail unit and first floor flat. The property has a separate entrance to the flat from the rear and parking for 2/3 cars. The property is currently let on one agreement to the card shop, however the flat is not occupied and the tenant would agree to a new lease for the ground floor only, enabling the flat to be modernised and let out separately.
The property is located on Biddulph High Street within walking distance of Sainsburys, Argos and numerous other smaller retailers.
Retail : 576 sq ft (53.51 sq m)
Store / workroom : 87 sq ft (8.12 sq m)
Storage area : 67 sq ft (6.21 sq m)
Storage area : 37 sq ft (3.44 sq m)
Kitchen : 78 sq ft (7.23 sq m)
Lounge : 300 sq ft (27.83 sq m)
Bedroom 1 : 134 sq ft (12.43 sq m)
Bedroom 2 : 178 sq ft (16.52 sq m)
Kitchen : 58 sq ft (5.35 sq m)
Total : 1,515 sq ft (140.64 sq m)
All mains services are available subject to any reconnection which may be necessary.
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.
The voa website advises the rateable value for 2020/21 is £6,400. The standard non-domestic business rates multiplier is 49.3p. The small business multiplier is 51.2p 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.
Freehold subject to existing agreement in place.
The tenant would like to sign a new lease for the ground floor only, which would free the upper floor for conversion and letting out again as residential.
Each party is to be responsible for their own legal costs incurred in connection with the sale / purchase of the property.
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.
For all enquiries other than viewings please contact;
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.