Property Investment currently let until April 2022 at a current rent of £18,000 pa with rent review in the 5th year.
Ground and first floor restaurant with 74 covers
The property comprises a ground and first floor detached restaurant of brick painted construction under a mainly pitched tiled roof with the rear part being flat roof. The property is double glazed and has central heating.
The restaurant has been fitted to a high standard with double glazed entrance porch, door leading into the main restaurant with bar area and kitchens to the rear. On the ground floor there are female and disabled toilets and the kitchens are fully fitted with tiled floor and stainless steel walls and painted ceiling. A door from the rear of the kitchen leads into a courtyard where there is a detached cold room.
Stairs lead from the restaurant to the first floor where there is a further large open plan restaurant with male toilets. The first floor has a wooden floor, painted walls and exposed beams.
The property is situated on Hartshill Road, the A52, which links Newcastle-under-Lyme through to Stoke-on-Trent and A500, an urban expressway through the heart of the North Staffordshire conurbation linking junctions 15 and 16 of the M6 Motorway. Hartshill provides local shopping with Newcastle Town Centre approximately one and a half miles west of the premises and Stoke Town Centre being a quarter of a mile. There is a good and large residential population within Hartshill.
Entrance68 sq.ft. Main Restaurant540 sq.ft. Kitchen302 sq.ft. Female and Disabled Toilets
First Floor Main Restaurant 591 sq.ft. Male Toilets
Cold Store 99 sq.ft. Rear Yard area
All mains services are connected but have not been tested.
The property is being sold as an investment subject to a lease dated May 3rd, 2015 expiring on April 24th, 2022. There is provision for a rent review at the 5th year and the current rent is £18,000 per annum.
£215,000 subject to the existing lease
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.
Strictly by appointment via bjb commercial, Head Office, Lake View, Festival Way, Stoke-on-Trent ST1 5BJ. Telephone . Opening hours are 9.00-5.30pm, Monday to Friday.
For all enquiries other than viewings please contact;
Richard Day BSc(Hons)mrics Email :
Subject To Contract
Misrepresentation Act 1967: These Particulars do not form part of any contract and whilst believed to be correct, no responsibility can be accepted for any errors.
All prices quoted are exclusive of VAT if applicable. Butters John Bee recommends potential purchasers/occupiers seek independent advice with regard to VAT and property.
All areas and dimensions given are approximate only
Important notice As the Sellers agent, we are not Surveyors or Conveyancing experts and as such we cannot and do not comment on the condition of the property or other issues relating to title or other legal issues that may affect this property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Lease details, service charges and ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. The copyright of all details, photographs and floorplans remain the possession of bjb.
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