Retail units 1 & 2 forming part of The Spode development in Stoke-on-Trent offering excellent business potential.
Manchester Airport: 37 miles
Birmingham Airport: 57 miles
Stoke Railway Station: 0.6 miles
Staffordshire University: 0.5 miles
London Euston: 84 mins
Birmingham New St: 48 mins
Manchester Piccadilly: 40 mins
The property is prominently located on Church Street within Stoke Town centre, fronting the town centres' one way system and close to the intersection with Liverpool Road and A52 Hartshill Road. The A500 'D' is within 0.4 miles and Stoke-on-Trent Railway Station is 0.6 miles.
The city's main rail station is located on the West Coast Main Line, providing regular and rapid connections to London Euston (from 1 hour 24 minutes), Birmingham New Street (from 48 minutes) and Manchester Piccadilly (from 40 minutes).
Junction 15 of the M6 motorway is situated approximately 3.7 miles. Junction 16 of the M6 is situated approximately 9 miles and the A50 linking Derby and the M1 is approximately 1.6 miles.
The plan shows the proposed uses on the site, which assumes that the buildings identified for demolition have already been removed. This details the other components of the creative village offer.
The Artists Studios were the first phase of development and were completed in September 2016. This involved the creation of 43 Artists studios in a range of sizes on the first floor of the China Hall in a joint-venture with the Association for Cultural Advancement through the Visual Arts (acava) and the Arts Council. Nearly all the studios are now occupied.
Also as part of the first phase of development is the refurbishment of buildings adjoining the Meadows to create 22 student flats, which will operate as a pop up hotel outside term time: The ground floor of this building will comprise offices and a restaurant/wedding venue. This work is currently underway and will be completed by September 2018
The refurbishment of listed buildings on Church Street is the second phase of development at Spode works, and these premises ideally suited to companies wishing to locate next to the Spode works Creative Village.
Repair and conversion works around part of the historic Church Street courtyard were completed in March 2017 to create 8 retail / office / studio units totalling 710 m2, which are now being marketed. Subsequent phases will involve the creation of a further nine lettable units.
The units currently on offer are in various sizes to suit a range of occupiers and are as described.
There are four retail units occupying the ground floor of various sizes to suit a range of occupiers.
Retail Unit 1 -124 Church Street
123 sq m (1,324 sq ft)
Rent: £10,600 per annum.
The largest of the retail units, rectangular in shape with glazed frontage, terrazzo flooring and plastered ceiling. To the rear are kitchen and toilet facilities.
Retail Unit 2 - 118 Church Street
56 sq m (602 sq ft)
Rent: £6,000 per annum
Located at the entrance and having a corner position into the site, the unit offers retail space with kitchen and communal toilet facilities located off the court yard.
Retail Unit 3 - 1 Spode Courtyard - Offer Pending Decision
51 sq m (549 sq ft)
Rent: £2,750 per annum
Located within the court yard offering high ceiling retail space. The unit has communal toilet facilities located across the court yard.
Retail Unit 4 - 2 Spode Courtyard - Offer Pending Decision
72 sq m (775 sq ft)
Rent: £3,875 per annum
Adjoining Unit 3 and offering similar accommodation with communal toilet facilities.
1st & 2nd Floor Office Suites - Under Offer
Three office suites having been refurbished to offer striking accommodation with a bespoke ground floor entrance and first floor landing which offers something different, bringing together the history of the site and the modern day office requirements. The offices and workshop share a secure intercom access system. The second floor consists of a single studio workshop.
Unit Fit Out
Each unit will be fitted with a basic electrical package to include electric heating, lighting, electrical sockets expected to be complete Q2 2018. Details of the fit out will be made available. Any additional electrical fit out will be for the Tenant to carry out. It will be for the Tenant to arrange telephone connections with their chosen provider to the junction box.
Car parking is currently available on site on a chargeable basis, either by way of pay and display or a permit basis. Alternative public pay and display parking is available within the area including Kingsway which is less than 0.1 mile.
Mains electric and water 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.
Each unit is available on an effective new internal repairing and insuring Lease plus service charge for upkeep and maintenance of common areas for a term to be agreed. The preferred Lease term will be for a minimum term of 3 years.
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.
Service Charge & Building Insurance
Each unit will be subject to a service charge based upon the percentage floor area occupied to the total gross internal area of the site, estimated at £1.75 sq ft to cover site security, CCTV, cleaning of external common areas, waste removal, repair and maintenance to common areas of the site, cleaning of toilets and common parts to Church Street units, external maintenance of Church Street building, maintaining health and safety records, management fee and any other shared services.
Building insurance will be recharged on the same basis.
Each retail and office suite is yet to be assessed. The Small Business Rate Relief will increase to 100% for businesses with a rateable value of up to £12,000 and a tapered relief for rateable values between £12,000 and £15,000. Interested parties should make their own enquiries with Stoke-on-Trent City Council in respect of the level of business rates payable.
The ingoing tenant is responsible for the landlord's legal costs in connection with the preparation of the lease.
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.
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.
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.