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Lock-Up Garage Site with Development Potential

Price:
Freehold - £75,000
Seller Ref:
CHA_LAND
Location:

Staffordshire , Stoke on Trent, Stoke

Business Type:

Commercial Property

See Other:
Development sites for sale in Staffordshire
Commercial property for sale in Staffordshire
Description:
THE BUSINESS:
Description
Within the site there are 14 Lock Up Garages set around the perimeter of a rectangular plot of land, secured by a metal access barrier with brick walls to the flank boundaries. The site extends to approximately 0.14 acres (560 sm/ 6,028 sft). The majority of garages are let on short term licences, with the potential to increase charges and total income. The site could be used as car parking for nearby occupiers, alternatively the land has the potential for residential development, subject to Planning Permission.

Tenure
The land is available for sale freehold subject to contract.

Price
£75,000.

Rating
Rateable Value To be assessed
Standard rate in the £ (2011/12) 43.3p
Rating Authority Newcastle under Lyme Council

Legal Costs
Each party to bear their own legal costs in this matter.

VAT & Stamp Duty
The rent is quoted exclusive of but may be subject to VAT at the appropriate rate. Prospective purchasers are advised to seek professional advice on the impact of VAT and any Stamp Duty Land Tax on this transaction.

Viewing
The site can be viewed from Chamberlain Avenue. Please contact Sarah Plant on 01782 714 004 or email sarah@robertsonsurveyors.co.uk for further details.
Location Details:
Location This interesting opportunity comprises a site located in Chamberlain Avenue, on the confines of the City of Stoke on Trent, close to London Road, which is a busy road linking the A34 Newcastle Road to the centre of Stoke . The land has an extensive frontage to Chamberlain Avenue and lies in pleasant surroundings of good quality residential properties, Assembly Hall, a range of district centre shops and modern offices used by a local housing association.
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