Guide Price £275,000

Brookside Drive, Stoke-On-Trent

Guide Price £275,000

Brookside Drive, Stoke-On-Trent

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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.

We have been advised Vat is NOT applicable to this property.

Description

A detached three storey property occupying a prominent corner position in Blurton, Stoke-on-Trent. This mixed use investment has an extensive outside area including a car park to the front, rear garden/yard with detached garage. Currently producing £16,800 per annum from a 25 year lease however the owner is prepared to offer it either as an investment or with vacant possession*.

Description:

A rare and exciting opportunity to purchase either an investment producing £16,800 per annum on a long term 25 year lease or a longstanding profitable Fish and Chip Shop premises for owner occupation (Vacant Possession). This extensive three storey property has a sizeable plot on the corner of Brookside Drive and Blurton Road with car park, garden/yard and detached garage.

Internally the property has a retail sales area, prep room, kitchen and staff facilities all on the ground floor and a staircase leading up to the living accommodation. On the first floor is a sizeable living room, off which is a kitchen. The landing provides further access to an office/study and family bathroom. The second floor comprises three bedrooms.

Location:

This busy Fish & Chip Takeaway is located in Blurton, Stoke on Trent in the county of Staffordshire. Situated within a prominent and highly visible trading position on the corner of Brookside Drive and Blurton Road. Stoke on Trent city centre is 5 miles distance.

Accommodation:

GROUND FLOOR
Fish & Chip Shop Sales Area: 374 Sq ft (34.75 Sq m)
Kitchen/Prep Area: 316 Sq ft (29.36 Sq m)
Stores and Staff: 344 Sq ft (31.96 Sq m)
WC

TOTAL GF NIA: 1,034 Sq ft (96.06 Sq m)

FIRST FLOOR
Living Room: 441 Sq ft (40.97 Sq m)
Kitchen: 105 Sq ft (9.75 Sq m)
Office/Study: 53 Sq ft (4.93 Sq m)
Family Bathroom: 35 Sq ft (3.25 Sq m)

TOTAL FF NIA: 634 Sq ft (58.90 Sq m)

SECOND FLOOR
Master Bedroom: 156 Sq ft *14.49 Sq m)
Bedroom Two: 95 Sq ft (8.83 Sq m)
Bedroom Three: 88 Sq ft (8.18 Sq m)

TOTAL SF NIA: 339 Sq ft (31.49 Sq m)

TOTAL FLOOR AREA (NIA) 2,007 Sq ft (186.45 Sq m)

Outside:
Yard/Garden
Detached garage

TOTAL SITE AREA: 0.26 Acres (1070 Sq m)

Rating:

*** ZERO RATES APPLICABLE ***

The VOA website advises the rateable value for 2024/25 is £4,400. The standard non-domestic business rates multiplier is 51.2p. 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.

Tenure - Freehold:

Freehold with the option of either taking it with Vacant Possession (Subject to acquisition of the Fish and Chip Shop business) or as an Investment.

We have been advised that the Tenant (existing business owner) has a lease from March 2015 for 25 years at £16,800 per annum.
A copy of the lease is available upon request.

The Business (Optional):

In the event that the purchaser wants the property for owner occupation then we have been advised that the Tenant will consider a sale of the lease/business. Further discussions in respect of this can be had at the point of viewing. Please advise us if you intend to enter such discussions as we will need to ensure the business owner is present.

The business has been established for over 40 years. Since ownership there has been continual investment in new equipment along with fixtures & fittings. The business has an average weekly turnover of circa £6,500.

Proof of Identity:

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. Where a property is due to go to auction, all bidders will be required to register prior to auction.

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.

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

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