The property is situated on Loomer Road industrial estate in Chesterton. Chesterton is a former mining village 2 miles to the north of Newcastle-under-Lyme.
Main Warehouse 3,047 Sq ft(283.07 Sq m) First Floor Workshop/Stores: 1,049 Sq ft (97.45 Sq m) TOTAL GIA: 4,096 Sq ft (380.52 Sq m) Secure Yard to side: 280.00 Sq m
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.
Freehold subject to a Licence to occupy between our client and an individual whose company manufactures sheds. Rental income: £14,400 pa.
Energy Performance Certificate number and rating is E(119)
VAT is NOT applicable to this transaction.
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.
Industrial investment comprising an end terrace unit incorporating offices and mezzanine stores together with a parcel of land to the side which would suit expansion or development. Let by way of Licence to occupy at £14,400 per annum. This rare opportunity offers a prospective purchaser the chance to own an income producing investment with development potential and rental growth.
Description:
Industrial investment comprising an end terrace unit of brick and block construction under a pitched corrugated asbestos roof. Additionally there is a parcel of land to the side which would suit expansion or development. Let by way of Licence to occupy at £14,400 per annum. This rare opportunity offers a prospective purchaser the chance to own an income producing investment with development potential and rental growth.
Rating:
Despite our efforts we could not find the property on the Valuation Office Website. RV: 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.
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.