Ceramic House, Hillcrest Street, Hanley, Stoke on Trent, ST1 2AA

Summary

A steel portal framed warehouse of brick elevations with a pitched insulated metal profile clad roof and a minimum eaves height of 12 feet. The unit forms part of a larger manufacturing facility and is accessed via a shared roller shutter. Internally the unit is arranged in open plan and has the added benefit of a private office and private toilet facilities. Externally there is a shared and secure yard area providing loading and two car parking spaces.

Key Points

Services

Mains electricity, water and drainage connected. Electricity will be sub-metered with the tenant’s consumption charged monthly. The cost of water (reasonable usage) will be included within the rent. No services have been tested by the agents.

VAT

The rent is not subject to VAT.

Business Rates

The unit needs to be separately assessed for Business Rates. Referring to the Valuation Office ‘Summary Valuation’ of the whole property, the rateable value attributed to the subject warehouse equates to approximately £9,000, which is likely to equal the new rateable value when separately assessed. A rateable value less than £12,000 enables the occupier to reduce their rates payable liability to nil if they qualify for Small Business Rates Relief.

Tenure

Available by way of a new full repairing and insuring lease (outside the Landlord and Tenant Act 1954) for a term of years to be agreed, subject to rent reviews every three years and with the incoming tenant bearing the cost of the preparation of the
lease (£250 plus VAT).

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.

Location