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Commercial Investment Opportunity, 201 King Street, Fenton, ST4 3ER

0.6 acres / Other / Investment

Withdrawn - Last updated: 18 July 2023

The premises comprises a rectangular parcel of land, all of which is finished in tarmac, extending to 0.6 acres and is divided into four principal trading areas being: a car sales pitch where approx. 55 cars can be displayed. A car wash station towards the rear with valeting bay. A car mechanic workshop together with ancillary offices and forecourt and a café with associated parking areas. 

Location

The site has extensive main road frontage to King Street (A5007) which is the principal route between Hanley city centre and Longton and is also within one mile of the A50 dual carriage way leading to the A500 and Junctions 15 and 16 of the M6.

Accommodation

Workshop:                            355 sq ft

Office 1:                               363 sq ft

Office 2:                               207 sq ft

Store:                                     204 sq ft

Café:                                      172 sq ft

WC:                                           -

Total NIA:                          1417 sq ft

Adjacent to the main building is a canopy area extending to 2,032 sq ft

Total Site Area:                   0.6 acres

Terms

TENANCY DETAILS

The entire premises is let to three individuals all of whom operate their business from the property by way of a 5 year Full Repairing and Insuring lease from 1st September 2022 until the 31st August 2027. The passing rent is set at £36,000 pa and there is a rent review effective 31st August 2023. A copy of the lease can be made available upon request.

 

TENURE

Available freehold, subject to contract and with the benefit of the existing lease.


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