£89,950
(£69.19/sq. ft)
Property for sale76 Williamson Avenue, Ball Green, Stoke On Trent ST6
1,300 sq. ft
EPC Rating: C
Just added
Freehold
About this property
Entire freehold property let at £8,000 pa until April 2040 with rent review 2029
Located on busy housing estate
Total NIA: 1,300 sq ft (including one bed flat above shop)
EPC: Band D (79)
Description
A prominently located two storey retail premises offered
to the market as an income producing investment with
the current tenant, T/A Mathusa News occupying the
whole building by way of an Fri Lease. The ground floor
comprises a sales area that extends to 409 sq ft to the rear
of which is a walkthrough store and kitchen providing a further
325 sq ft. On the first floor, accessed through the shop
stockroom is a one-bedroom flat comprising a lounge, kitchen, bedroom, study and bathroom. Internally the retail unit
benefits from a suspended ceiling with single glazed frontage
and door and the property benefits from gas powered central
heating. The property is being sold with the tenant in situ and
is not available with vacant possession.
Location
The property is located in Ball Green, a housing estate in the
suburb of Norton around 1.5 miles from the A53 and within
easy reach of Hanley (4 miles) and Leek (8 miles).
Services
Mains water, drainage, gas and electricity are connected. No
services have been tested by the agents.
VAT
The purchase price is not subject to VAT.
Tenure
Available freehold, subject to contract and with the benefit of
the existing Fri lease.
Finance available subject to status.
Business Rates
Rateable Value: £6,100
The tenant is responsible for payment of any business rates
liability where applicable.
Tenancy Details
The property is let to an individual trading as Mathusa News at
£8,000pa on an Fri lease from 25th April 2019 for 21 years. Rent
reviews every 5th year, open market value. Copy of the lease
available upon request.
Public Notice
Rory Mack Associates are now in receipt of an offer for the sum
of £90,000 for 76 Williamson Avenue. Anyone wishing to place
an offer on the property should contact Martin Grainger at Rory
Mack Associates before exchange of contracts.
Accomadation
Ground Floor:
Sales: 409 sq ft
Store: 30 sq ft
Kitchen: 67 sq ft
Rear store: 228 sq ft
NIA: 794 sq ft
First Floor:
Lounge: 113 sq ft
Kitchen: 140 sq ft
Bedroom: 131 sq ft
Study: 120 sq ft
Bathroom: 60 sq ft
NIA: 566 sq ft
Total NIA: 1,300 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 prominently located two storey retail premises offered
to the market as an income producing investment with
the current tenant, T/A Mathusa News occupying the
whole building by way of an Fri Lease. The ground floor
comprises a sales area that extends to 409 sq ft to the rear
of which is a walkthrough store and kitchen providing a further
325 sq ft. On the first floor, accessed through the shop
stockroom is a one-bedroom flat comprising a lounge, kitchen, bedroom, study and bathroom. Internally the retail unit
benefits from a suspended ceiling with single glazed frontage
and door and the property benefits from gas powered central
heating. The property is being sold with the tenant in situ and
is not available with vacant possession.
Location
The property is located in Ball Green, a housing estate in the
suburb of Norton around 1.5 miles from the A53 and within
easy reach of Hanley (4 miles) and Leek (8 miles).
Services
Mains water, drainage, gas and electricity are connected. No
services have been tested by the agents.
VAT
The purchase price is not subject to VAT.
Tenure
Available freehold, subject to contract and with the benefit of
the existing Fri lease.
Finance available subject to status.
Business Rates
Rateable Value: £6,100
The tenant is responsible for payment of any business rates
liability where applicable.
Tenancy Details
The property is let to an individual trading as Mathusa News at
£8,000pa on an Fri lease from 25th April 2019 for 21 years. Rent
reviews every 5th year, open market value. Copy of the lease
available upon request.
Public Notice
Rory Mack Associates are now in receipt of an offer for the sum
of £90,000 for 76 Williamson Avenue. Anyone wishing to place
an offer on the property should contact Martin Grainger at Rory
Mack Associates before exchange of contracts.
Accomadation
Ground Floor:
Sales: 409 sq ft
Store: 30 sq ft
Kitchen: 67 sq ft
Rear store: 228 sq ft
NIA: 794 sq ft
First Floor:
Lounge: 113 sq ft
Kitchen: 140 sq ft
Bedroom: 131 sq ft
Study: 120 sq ft
Bathroom: 60 sq ft
NIA: 566 sq ft
Total NIA: 1,300 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
£449 per month
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