Retail premises for sale

42 Church Street, Audley, Stoke On Trent ST7

Description

A mid terrace Victorian property which has been tastefully
converted to create a café on the ground floor and
spacious 1 bedroom flat above with its own separate
entrance. The café is centrally located on the main retail
throughfare adjacent to a bus stop and is currently operating a
breakfast and lunch takeaway with sit-in service. The premises
will be sold together with all of the fixtures and fittings required
to run the business which can be taken over as a going concern
for nil premium. Although being run as a sandwich shop at
present the ground floor could also be used as retail, professional services or hot food, subject to planning. On the
first and second floor is a spacious one bedroom flat which is
currently vacant but should command a rent in the region of
£650 pcm.

Location

The building is located on Church Street, which is the main road
through the centre of Audley. Audley is 5 miles to the north of
Newcastle-under-Lyme and 9 miles east of Crewe. Alongside
Bargain Booze, the town also has a Tesco Express as well as
dozens of smaller independent retailers.

Accommodation

Ground Floor:
Sales area: 413 sq. Ft.
Preparation area: 111 sq. Ft.
Utility: 52 sq. Ft.
NIA: 576 sq. Ft.

First Floor:
Lounge: 284 sq. Ft.
Kitchen: 91 sq. Ft.
Bathroom: 122 sq. Ft.
2nd Bedroom: 320 sq. Ft.
NIA: 817 sq. Ft.

Total NIA: 1,393 sq. Ft.

Services

Mains gas, electricity, water and drainage are connected. Both
the commercial and residential elements benefit from gas
central heating and mains electric and are metered separately.
Please note that no services have been tested by the agents.

VAT

The purchase price/rent is not subject to VAT.

Business Rates

Rateable Value: £5,900pa
Rates Payable: £2,253.80 pa (26/27)
If being used for retail, hospitality or leisure
If you qualify for Small Business Rates Relief you should be
entitled to a 100% rates exception.

Council Tax

42a Church Street, Audley – Band A

Tenure

Available freehold, subject to contract and with vacant
possession of the commercial element upon completion.
Alternatively, available by way of a new Internal Repairing and
Insuring lease for a minimum of 3 years and with rent reviews
every 3 years and with each party bearing their own legal costs
associated with the lease. An administration fee of £300 plus
VAT is payable by the incoming tenant for the preparation of
the Lease Agreement.

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.