A sizeable retail unit overlooking Tesco superstore in Hanley, Stoke-on-Trent. The property has previously been used as a Restaurant and has recently been refurbished and fitted out by the previous tenant but still retains its kitchen, customer WCs and open plan nature. Given its prominence and nearby parking, the property would suit a variety of retail or leisure uses and would appeal to restaurant operators looking for 5000 Sq ft plus of space in the City Centre.

Description:

A sizeable retail unit overlooking Tesco superstore in Hanley, Stoke-on-Trent. The property has previously been used as a Restaurant and has recently been refurbished and fitted out by the previous tenant but still retains its kitchen, customer WCs and open plan nature. Given its prominence and nearby parking, the property would suit a variety of retail or leisure uses and would appeal to restaurant operators looking for 5000 Sq ft plus of space in the City Centre.

Location:

The property is located on Clough Street overlooking the Tesco Extra supermarket and its large car park. The property is within Stoke-on-Trent City Centre, which is a regional shopping centre with major retail and leisure facilities. There is good access onto the City Centre ring road and to the A53, which in turn links onto the A500, an urban expressway through the heart of the North Staffordshire conurbation linking junctions 15 and 16 of the M6 Motorway. There is good access also to all the Stoke-on-Trent Towns.

Rating:

The VOA website advises the rateable value for 2024/25 is £17,750. The standard non-domestic business rates multiplier is 54.6p. The small business multiplier is 49.9p up to a rateable value of £50,999. Small Business may benefit for up to 100% on premises with a rateable value of up to £12,000 and a tapered relief for rateable values between £12,000 and £15,000.

Bjb recommends interested parties make their own enquiries into the business rate payable any further business rate relief which may be available.

Please note the postcode for the rating list is ST1 4FB.

Credit check:

On agreed terms the ingoing tenant will be required to pay a fee of £85 to buttersjohnbee for the application and collation of references and credit data from a third party. The application process will, under normal circumstances take between two and five working days. The applicant will be required to complete a simple online form for submission to our credit reference agency. Application fee will be payable in advance and will not be refundable.

Viewing:

Strictly by appointment via bjb commercial, Suite 1, Albion House, No.2 Etruria Office Village, Forge Lane, Festival Park, Stoke-on-Trent, ST1 5RQ
Telephone 01782 212201. Opening hours are 9.00-5.30pm, Monday to Friday.