An attractive period property briefly comprising a ground floor self-contained retail unit with basement sales and storage together with a separately accessed first and second floor accommodation, formally used as a restaurant. The property has an attractive period frontage with glazing to ground floor sales area. The upper floors can continue to be used for restaurant purposes although they would lend themselves to a range of alternative commercial and/or residential uses, subject to planning where necessary.
Location
The property has frontage to Percy Street in the pedestrianised area of Hanley city centre. Coral and TSB adjoin the property on either side and there are a range of other national and local traders nearby. The Potteries Shopping Centre is a 2-minute walk away and the ever-popular Piccadilly housing many restaurants and bars is just over the road.
Accommodation
Ground Floor
Sales ARea - 576 sq ft
Staffroom - 94 sq ft
WC
Basement
Sales Area - 259 sq ft
Stores - 228 sq ft
First Floor
Restaurant - 459 sq ft
Kitchen - 132 sq ft
Store - 41 sq ft
2nd Floor
3 x Offices - 398 sq ft
Staff WC
Male and Femail WC
TOTAL NIA - 2,342 sq ft
Terms
SERVICES - All mains services are connected. No services have been tested by the agents.
VAT - The purchase price is not subject to VAT.
BUSINESS RATES:
Ground Floor:
Rateable Value: £15,000
Rates Payable: £7,485 pa (22/23)
First & Second Floor
Rateable Value: £7,600
Rates Payable: £3,792.40 pa (22/23)
Note: If you qualify for small Business Rates Relief you may be entitled to a 100% rates payable reduction.
TENURE - Available freehold, subject to contract and with vacant possession on the upper floors upon completion.
EPC:
Ground floor shop - Band D (84)
1st and 2nd floor - Band D (78)
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.
Specification
- City centre retail property with upper floors suitable for conversion
- Self-contained income producing retail unit with basement sales
- Separately accessed first and second floor accommodation
- Total NIA: 2,342 sq ft
- EPC – Band D