1 & 1A Waterloo Road, Burslem, Stoke-on-Trent, ST6 2EH

Summary

A large and prominently located three storey property of brick elevations with a pitched tiled roof which was comprehensively refurbished in 2012 as part of the Burslem Improvement Grant Scheme. The characterful property has previously been used for both retail and office use, although lends itself to be converted into a HMO or similar with the potential for 5 rooms or 6 if the shop is also converted. Internally the property has gas central heating and single glazed timber windows. All rooms are carpeted and very little work is required internally. According to the council some sound installation, a fire alarm system and an additional landing on the top floor would be required for planning to be considered for a HMO. Please note, the ground floor salon is occupied until mid June when the lease will come to an end.

Key Points

Services

All main services are connected. No services have been tested by the agents.

VAT

The sale price and rent are not subject to VAT

Tenure

Available by way of a new Full Repairing and Insuring lease for a minimum of 3 years and with rent reviews every 3 years and with each party bearing their own legal costs associated with the lease. Alternatively the freehold is available, subject to contract and with vacant possession upon completion.

Business Rates

1a Waterloo Road, Burslem, ST6 2EH
Rateable value £4,650
Rates payable £2,320.35 pa (24/25)
Note: if you qualify for small business rates relief you should be entitled to a 100% rate exemption.

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