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Retail/Office Investment In Prime Location, 91 High Street, Wolstanton, Newcastle-under-Lyme, ST5 0EP

1,127 to 1,753 Sq Ft / Retail / Mixed Use

Sold - Last updated: 23 May 2022

A period and attractive retail premises of rendered brick elevations with a glazed display frontage to the High Street. Internally there is a spacious sales area to the rear of which is an under-cover storage/additional sales area together with a small, enclosed yard. Stairs from the sales area lead to the first floor which is presented in open plan, together with WC and kitchen area. The property has traded as a DIY shop for many years however, it’s open plan aspect and prime location in the centre of Wolstanton ensure that it would suit a wide range of retail, office or beauty salon businesses.

Location

The property occupies a central location and forms part of a fully occupied and diverse parade of commercial properties within the centre of Wolstanton, a popular urban village approx. two miles to the north of Newcastle under Lyme town centre within easy reach of the A500 dual carriageway.

Accommodation

Ground Floor

Sales area - 1,127 sq ft

Undercover Storage/sales - 263 sq ft

First Floor

Storage - 626 sq ft

WC

Total NIA (of building) - 1,753 sq ft

There is also an enclosed yard area measuring approx. 12’6” x 12’6”.

Terms

SERVICES - Mains’ electric and water services are connected. No services have been tested by the agents.

VAT - The sale price is not subject to VAT.

BUSINESS RATES:
Rateable Value: £6,700
Rates Payable: £3,343.30 pa (21/22)
Note: If you qualify for Small Business Rates Relief you should be entitled to a 100% rates exemption.

TENURE - Available freehold, subject contract and with vacant possession upon completion.

PRICE - £120,000

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

  • Mid terrace retail/office premises extending to 1,753 sq ft NIA
  • Prime location in centre of Wolstanton with main road frontage
  • Ground floor sales extend to 1,127 sq ft plus undercover storage to rear
  • Would suit a wide range of retail, office or beauty related businesses
  • EPC: 124 (Band E)


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