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Thornton House, Cemetary Road, Shelton, Stoke on Trent, ST4 2DL

3,286 Sq Ft / Offices

Withdrawn - Last updated: 27 August 2014

Thornton House is a period detached office premises arranged over ground and 1st floor offering a range of serviced offices, all of which are superbly presented. There is plenty of onsite car parking to the front and rear of the property which is conveniently located in the leafy outskirts of the city centre.

Location

As referenced on the attached plans the property is clearly visible from Cemetary Road, which links to Shelton New Road and Stoke Road and is approx 1 mile to the south of Hanley city centre. The A500 is within 1 mile, which provides access to the A50 and Junctions 15 & 16 of the M6.

Accommodation

Grd Floor               Size (sq ft)     Status
Office 1                  238                 let
Office 2                  318                 let
Office 3                  354                 let
Office 4                  286                 let
Office 5                  958                 let
Office 6                  348                 let
1st Floor
Office 7                  178                £XXX
Office 8                  254                £XXX
Office 9                  352                let
Total NIA               3,286

Terms

INVESTMENT DETAILS
As referenced above the majority of the property is occupied and is currently producing a gross income of £XXX pa, with potential to be increased to circa £XXX pa when fully occupied. When fully occupied running costs, including Rates account to circa £XXX pa providing a gross profit of circa £XXX

VAT
Sale price is not subject to VAT.

SERVICES
All mains services are connected. Gas fired central heating system installed throughout. No services have been tested by the agents.

BUSINESS RATES
The property has two Rateable Values:
Thornton House: £XXX
Rear Office, Thornton House: £XXX

TENURE
Available freehold, subject to contract and the existing Licence Agreements in place at date of disposal.

Specification

  • Commercial investment property
  • Superbly presented serviced office building with circa 30 car spaces
  • 9 individual office suites totaling 3,286 sq ft (nia)
  • Currently producing a gross income of £XXX pa
  • Income potential of circa £XXX pa when fully let
  • Convenient location with excellent road connections


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