£195,000
(£139.39/sq. ft)
Retail premises for sale109 High Street, Newcastle ST5
1,399 sq. ft
Freehold
About this property
Combined, estimated rental value in excess of £17,000 pa
Parking for two vehicles at the rear
Total NIA: 1,399 sq ft plus 272 sq ft garage at rear
EPC: Commercial – Band C (55), Residential – Band D (61)
Description
A three storey mid terraced part commercial, part
residential property of brick elevations with pitched and
flat roof coverings. The building is being sold with vacant
possession allowing the buyer the option of running the
building as an investment or becoming an owner occupier.
The ground floor comprises an open plan sales area, office, stores, kitchen and staff WC with access to the rear parking and
storage unit/garage.
The first and second floor flat has its own separate entrance
from the rear and has a lounge and kitchen on the first floor
and two bedrooms and a bathroom on the second floor. The
expected rent for a flat of this size and location is £750 pcm
This property would suit an owner occupier looking for prime
retail in the centre of town with the added bonus of a regular
income from the flat above. Alternatively, the building would
suit an investor looking for a property giving them around a 9%
return. The property benefits from UPVC double glazing and
independent gas central heating.
Location
The property is prominently located with frontage onto High
Street in the centre of Newcastle-under-Lyme. The property
backs onto the Bus Station and is close to a number of public
car parks.
Services
All main services are connected. No services have been tested
by the agents. Each property is separately metered.
VAT
The sale price is not subject to VAT.
Tenure
Available freehold, subject to contract, with vacant possession.
Business Rates
Rateable value £7,900
Rates payable £3,017.80 pa (26/27)
Note: If you qualify for Small Business Rates Relief you should
be entitled to a 100% rates payable exemption.
Council Tax
The flat known as 34 Stubbs Street, Newcastle-under-Lyme, ST5 1AQ - Band A
Accomadation
Ground floor (Commercial)
Sales: 552 sq ft
Office: 109 sq ft
Kitchen: 79 sq ft
WC: --
NIA: 731 sq ft
First floor
Lounge: 173 sq ft
Kitchen: 173 sq ft
Second floor
Bedroom: 173 sq ft
Bedroom: 90 sq ft
Bathroom: 59 sq ft
NIA: 668 sq ft
Total NIA: 1,399 sq ft
Anti Money Laundering Regulations
In accordance with the anti-money laundering regulations, two
forms of identification will be required (e.g. Photographic
driving license, passport, utility bill) from the applicant and a
credit check may also be required, the cost of which will be the
responsibility of the applicant. Where appropriate we will also
need to see proof of funds.
A three storey mid terraced part commercial, part
residential property of brick elevations with pitched and
flat roof coverings. The building is being sold with vacant
possession allowing the buyer the option of running the
building as an investment or becoming an owner occupier.
The ground floor comprises an open plan sales area, office, stores, kitchen and staff WC with access to the rear parking and
storage unit/garage.
The first and second floor flat has its own separate entrance
from the rear and has a lounge and kitchen on the first floor
and two bedrooms and a bathroom on the second floor. The
expected rent for a flat of this size and location is £750 pcm
This property would suit an owner occupier looking for prime
retail in the centre of town with the added bonus of a regular
income from the flat above. Alternatively, the building would
suit an investor looking for a property giving them around a 9%
return. The property benefits from UPVC double glazing and
independent gas central heating.
Location
The property is prominently located with frontage onto High
Street in the centre of Newcastle-under-Lyme. The property
backs onto the Bus Station and is close to a number of public
car parks.
Services
All main services are connected. No services have been tested
by the agents. Each property is separately metered.
VAT
The sale price is not subject to VAT.
Tenure
Available freehold, subject to contract, with vacant possession.
Business Rates
Rateable value £7,900
Rates payable £3,017.80 pa (26/27)
Note: If you qualify for Small Business Rates Relief you should
be entitled to a 100% rates payable exemption.
Council Tax
The flat known as 34 Stubbs Street, Newcastle-under-Lyme, ST5 1AQ - Band A
Accomadation
Ground floor (Commercial)
Sales: 552 sq ft
Office: 109 sq ft
Kitchen: 79 sq ft
WC: --
NIA: 731 sq ft
First floor
Lounge: 173 sq ft
Kitchen: 173 sq ft
Second floor
Bedroom: 173 sq ft
Bedroom: 90 sq ft
Bathroom: 59 sq ft
NIA: 668 sq ft
Total NIA: 1,399 sq ft
Anti Money Laundering Regulations
In accordance with the anti-money laundering regulations, two
forms of identification will be required (e.g. Photographic
driving license, passport, utility bill) from the applicant and a
credit check may also be required, the cost of which will be the
responsibility of the applicant. Where appropriate we will also
need to see proof of funds.
Mortgage calculator
Monthly repayment
£975 per month
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