| (REF: 2346) Investment Property 14 Retail Units Stoke On trent |
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| Seller Reference: |
2346 |
| B4S Reference: |
25490 |
| Asking Price: |
£360,000
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| Net Profit: |
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| Sales Revenue: |
£28,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Stoke-on-Trent, Staffordshire, United Kingdom |
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Preferred Commercial is pleased to offer this investment business site, which has been on our client's careful hands since 1997 and is only now being placed on the market due to our client's wish to retire. The business generates a turnover in the region of £28,000 per annum with a gross profit of 100% derived from letting income from the retail units. The business boasts a 3 quarter acre industrial site with 14 self-contained retail units along with ample car parking facilities to the premises. Our client advises that 9 of the retail units are currently let out, which homes a variety of businesses to the area. The new owner could use or rent out the other units as required, with huge potential to make additional income. We feel this is an ideal opportunity to acquire versatile business premises located in a popular and busy urban area. Early negotiations with Preferred Commercial must come highly recommended.
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Property: |
Freehold |
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Living Accommodation: |
No |
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Details of Accommodation: |
12,500 sq ft premises with single and 2 storey buildings, all with own access. Briefly comprising.
Ground Floor
• Unit 1 and 3: annual rental income of £11,196
• Unit 4: annual rental income of £3,600
• Unit 5: annual rental income of £1,500
• Unit 6: annual rental income of £1,860
• Unit 7: annual rental income of £1,040
• Unit 8: annual rental income of £2,040
• Unit 9: annual rental income of £3,000
First Floor
• Unit 2: annual rental income of £4,200
External
• Large forecourt area with ample parking
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Location: |
This investment property comprises of 14 self-contained retail units and is situated just off the busy main road, the B5045, in a sought after urban area in Stoke-on-Trent, Staffordshire. The business is located 2 miles away from Stoke-on-Trent city centre and is less than half a mile away from Newcastle-under-Lyme. There are regular buses running through the area and the railway station is within easy reach. The business boasts easy access to the local A-road network and the M6 motorway is less than 5 miles away. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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