Retail Property (High Street) in Stoke-on-Trent
22 Piccadilly, Hanley, Stoke-on-Trent, Staffordshire ST1 1DH
- Lot No: 29A
- Property Type: Retail Property (High Street)
- Contract Type: Conditional with Reservation Fee
Guide Price* £110,000+ plus fees
Result Sold After Auction
Piccadilly is a pedestrianised shopping street linking the Intu Potteries shopping and leisure complex and surrounding pedestrianised shopping streets with the Smithfield business quarter. Piccadilly forms part of the Citys Cultural Quarter and has a a range of national and independent retailers, bars, restaurants and is the location of the Regent Theatre. The property comprises ground floor retail, first and second floor storage extending to approximately 156.60 sq. m. (1,648 sq. ft.) over three floors. The building is arranged with retail area beyond which there is rear stores and toilets. On the first floor and second floor there is open plan storage.
The property is occupied by an individual trading as Piccadilly Minimarket, a convenience store with free cash machine, stocking a range of everyday items such as coffee, groceries, snack foods, confectionery, soft drinks, tobacco products and newspapers. Term: 10 years from 01/07/2017 Rent: £15,600 per annum Full Repairing and Insuring lease terms. The lease is subject to a Deed of Assignment, dated 25 September 2018, the assignee covenants and all terms and conditions contained or referred to are stated in the Lease.
Interested parties are recommended to make their own enquiries. All mains utilities services are understood to be available, subject to any reconnection which may be necessary.
The existing permitted use of the property is a Retail (A1 Use Class).
Ground Floor Retail: 51.60 sq. m (555 sq. ft) First Floor: 52 sq. m (566 sq. ft) Second Floor: 49.00 sq. m (527 sq. ft) NIA: 156.60 sq. m (1,648 sq. ft)
- Reservation Fee- payable immediately when the auction ends. This is calculated as a percentage of the actual purchase price of the property. Either:
Date 12th September 2019
Venue Birmingham Auction
Aston Villa FC, Holte Suite, Trinity Road, Birmingham, B6 6HE
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