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12-16 Town Road Town Road, Stoke-on-Trent, ST1 2JQ
Use Class
E
Size
12,600 sq ft
Rent pa
£50,000
Price
£450,000
The property comprises a prominently located steel framed three storey retail property with an extensive glazed frontage to Town Road and return frontage to Glass Street. The property is arranged in an open plan format with a wide central staircase providing access to the upper floors, offering ancillary storage / retail accommodation also suitable for residential conversion, subject to planning where necessary. All floors are lift served and have toilet facilities and there is a large goods loading area fronting Glass Street.
Currently used for retail purposes the property benefits from a ‘E’ Use Class Order which includes:
• Non-residential institutions (medical/health services, crèches, day nurseries and centres)
• Financial & Professional Services
• Food & Drink (mainly on the premises)
• Business (office, research and development and light industrial process)
• Assembly and Leisure (indoor sport, recreation or fitness, gyms)
Other uses may be suitable to include the conversion of the upper floors into residential accommodation, subject to planning where necessary.
In February 2020 a pre-Application proposal was submitted to sub-divide the ground floor into 4 self contained retail units together with conversion of the upper floors and the creation of an additional storey to provide 5 x one bedroom and 9 x two bedroom flats. This was welcomed by the planning dept, subject to detailed drawings being submitted and approved. For further information to include existing and proposed floor plans and Feasibility Study please contact the agents.
Substantial three storey retail property with extensive roadside frontage
City centre location opposite Intu Potteries Shopping Centre
Available freehold or by way of new lease
Excellent scope for residential conversion of upper floors and sub-division of ground floor retail accommodation (STP)
The property benefits from a prominent corner position at the junction of Glass Street and Town Road and is directly opposite the principal entrance to the Intu Potteries Shopping Centre within which a wide range of household named retailers are located. There are also a number of public and privately operated car parks within 50 yards of the property.
Key Information
Legal
A new full repairing and insuring lease is available for a term of years to be agreed subject to periodic upward only rent reviews. Alternatively, the freehold is available subject to contract and with vacant possession upon completion. In both cases each party will bear their own legal fees.
Accommodation
12,600 Sq.Ft
Financial
Rent
The sale price and rent will be subject to VAT.
Rates
Due to the coronavirus, business rates payable on all retail properties are currently suspended until further notice.
Rates
Sustainability
Energy Performance Certificate
Misrepresentation Notice
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
All data ©2024 Completely Property Technology Limited
This was last updated on 08/08/2023