A traditional double fronted retail property having been occupied by Coral for many years. The property is constructed out of brick elevations supporting a pitch clay tiled roof and briefly comprises an open plan sales area with staff and public toilets together with a first floor three-bedroom flat, which is currently un-used. The property forms part of an established terrace of mixed used commercial properties in a densely populated area and is also highly visible from the main road.
Location
The property has an extensive roadside frontage to Twigg Street and is highly visible from Beverly Drive, which runs parallel to Twigg Street and provides one of the principal roads into the Bentilee housing estate. Bucknall is an urban village on the outskirts of Hanley city centre, which is approx. 1.5 miles to the west.
Accommodation
Ground Floor
Sales Area: 929 sq ft
Rear stores/Staffroom: 121 sq ft
Staff/Public WC: -
First Floor
Living Room/kitchen: 321 sq ft
Bathroom: 76 sq ft
Bedroom 1: 123 sq ft
Bedroom 2: 101 sq ft
Bedroom 3: 86 sq ft
Total NIA: 1,757 sq ft
Terms
Available freehold, subject to contract and the existing lease, a copy of which can be made available.
Specification
SERVICES
All mains services are connected. The sales area has comfort cooling/heating installed. No services have been tested by the agents.
VAT
The sale price is not subject to VAT.
TENANCY DETAILS
The whole property is let to Coral Racing Ltd (Company number: 00541600) by way of a 5 year Full Repairing and Insuring lease, which commenced 15th May 2023 and expires 14th May 2028. There is a tenant break effective 24th March 2026, (six months notice period). The passing rent throughout the term is fixed at £15,000 pax.
ANTI MONEY LAUNDERING REGULATIONS
In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.