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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Withdrawn - Last updated: 18 July 2023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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