Commercial property for sale in Hartshill Road, Hartshill, Stoke-On-Trent ST4
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Two storey retail Investment
- Main road location
- Producing £7,800 per annum
- First floor offices
- Kitchen & Bathroom
Property description
For Sale by public auction on Monday 3rd June 2024 at 6.30pm. The Double Tree by Hilton Hotel, Festival Park, Stoke-on-Trent, ST1 5BQ. Live online bidding available.
A two storey retail investment situated within a parade of shops on Hartshill Road within close proximity to the Royal Stoke University Hospital and a short drive from Stoke and Newcastle town centres. Currently producing £7,800 per annum on a 5 year lease from August 2022.
Accommodation
Ground Floor
Retail : 315 sq ft (29.26 sq m)
Kitchen : 81 sq ft (7.56 sq m)
Store : 90 sq ft (8.39 Sq m)
First Floor
Bathroom : 74 sq ft (6.89 sq m)
Middle Office : 134 sq ft (12.44 sq m)
Front Office : 161 sq ft (15 sq m)
Total : 855 sq ft (79.54 sq m)
Location
The property is located on a parade of shops on Hartshill Road which runs from Newcastle-under-Lyme into Stoke town centre.
Services
All mains services are available subject to any reconnection which may be necessary.
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 2023/24 is £5,900. The standard non-domestic business rates multiplier is 51.2p. The small business multiplier is 49.9p up to a rateable value of £50,999. 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.
Tenure - Freehold
A 5 year lease from 19th August 2022 at a rent of £7,800 per annum. For full details of the lease including any rent reviews and/or breaks (where applicable) please refer to the legal pack.
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.
Common Auction Conditions
This property is sold subject to our Common Auction Conditions (a copy is available on request).
Buyers Administration Fee
A buyers administration fee of £1,000 plus VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date.
Legal Pack
Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website . Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor's solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them.
Auction Viewing
To view this lot, please contact the selling office.
Internet, Telephone & Proxy Bidding
Interested in this lot but can't attend the auction? You can bid by internet, telephone or by proxy by pre-registering with our auction department on or email . Further details are available in the catalogue.
Addendum
Check the latest addendum at for any alterations or changes to the catalogue.
Guide Price
An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price
The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Butters John Bee - Commercial, ST1 on +44 1782 933454 * (local rate)
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.