Retail premises for sale in Hide Street, Penkhull, Stoke-On-Trent ST4

Key Points

Description

The property comprises of a substantial terraced part single, part two and part three storey property comprising of a large lock up shop unit with that provides a Total Net Internal Floor Area of approximately 7,586 ft sq ( 704.69 m sq).

The ground floor of the property provides a Total Net Internal Floor Area of approximately 3,916 ft sq ( 363.77 m sq) and is arranged to provide retail sales area, stores and welfare facilities and provides flexible accommodation retail space that would lend itself to a variety of retail/commercial uses (subject to any statutory consents) and has a large retail frontage onto Hide Street. The stores section of the property has delivery access off Hide Street and has an up and over door with a width 2.36 metres.

The first floor of the property provides a Total Net Internal Floor Area of approximately 2,638 ft sq ( 245.05 m sq) and is arranged to provide stores and welfare facilities. The second floor of the property provides a Total Net Internal Floor Area of approximately 1032 ft sq ( 95.87 m sq).

The property is of traditional brick construction with a glazed shop front.

The property would lend itself to owner occupiers/property investors and property developers/speculators.

A viewing of the property to appreciate its full potential is recommended. The property has significant potential for a variety of uses and significant potential for further development and potential conversion of the upper floors.

Location

The property is located fronting onto Hide Street in the city centre of Stoke. The property is prominently located and the surrounding occupiers include Lloyds Bank, Poundstretcher, B and M and British Heart Foundation.

Hide Street provides some on street car parking. Hide Street is located just off Campbell Street and in close proximity to Church Street.

Stoke-On-Trent is the largest city in Staffordshire with a population of 258,400. Stoke is linked to the nearby M6 motorway at Junctions 15 and 16 by the A500.

Terms

The property is offered to sale freehold with vacant possession.

Alternatively consideration will be given to the letting of the property on a Tenants Full Repairing and Insuring Lease for a length of term by negotiation with rent reviews at 3 yearly intervals.

Availability_Text

The accommodation comprises the following areas:

Planning

Prospective purchasers should make their own enquiries.

The property is understood to benefit from planning for Use Class E of The Town and Country Use Classes Order 1987.

The property would lend itself to a variety of retail/commercial uses and potentially residential conversion, subject to statutory consents.

Services

(Not tested parties should rely on their own enquiries.)
We understand that all mains services are connected to the property.