£400,000

Market Street, Stoke-on-Trent ST3 1BN

8800 sq ft

£400,000

Market Street, Stoke-on-Trent ST3 1BN

8800 sq ft

Share this listing

Freehold Currently the building is let to Lloyds TSB who are currently holding over from a lease that expired in April 30th 2024 at a rent of £40,000 pa

All mains services are available subject to any reconnection which may be necessary.

Bjb recommend that potential occupiers make their own enquiries to the local authority in order to satisfy themselves that their proposed use is authorised in planning terms.

To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee.

Energy Performance Certificate number and rating is D.

Description

Description:

The property was a former bank and is a prominent building within Longton town centre. Arranged over ground, lower ground, first and second floor there is lift and stairs providing access between the floors. There is access to the ground floor from Market Street which leads into the main area. This is currently fitted out as a bank with large open areas and meeting rooms with carpeted floor covering suspened ceiling and paint walls with a large number of windows providing good light into the building. This is repeated on the lower ground floor which also has toilet and kitchen facilities. There is a separate entrance from Sutherland Road with stairs and lift to the first and second floor. The first and second floor have their own toilets and are split into large and small rooms. There is also a separate fire escape stair case linking all the floors.

Outside there is also a yard area that is used as a staff and customer car park with parking for up to 8 cars.

Currently the building is let to Lloyds TSB who are currently holding over from a lease that expired in April 30th 2024 at a rent of £40,000 pa.

Location:

The property is located on Market Street in Longton the second largest town in the Stoke on Trent conurbation. There is good access to the A50 a major route between the M6 Motorway through to Derby and on to the M1 Motorway at junction 24a. Longton has major retail units with a Tesco Extra as well as Next, B&M, Farm Foods, Matalan and local independent shops. There is a population of some 70,000 within a 10 minute drive of the town.

Accommodation:

Ground Floor net area - 3,000 sqft (278.70 sq.m)

Lower ground floor net area - 3,000 sqft (278.70 sq.m)

First floor net area net area - 1,400 sqft (130.06 sq.m)

Second floor net area - 1,400 sqft (130.06 sq.m)

Rating:

The VOA website advises the rateable value for 2024/25 is TBC. 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 upto100% 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.

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.
Joint Agent:- Jenkins Law, 20 Hanover Street, Mayfair, London W1S 1YR.
Telephone: 020 7440 1840 kyle@jenkinslaw.co.uk / paul@jenkinslaw.co.uk

Disclaimer

Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering purchasing your property in order to rent, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.

Butters John Bee Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

Location

Share this listing

Property enquiry form background image

Property Enquiry

Request submitted!

Something went wrong.