Unit 1, Clayhanger Yard, Clayhanger Street, Burslem, ST6 3EE

Summary

A detached two storey studio of brick elevations and slate pitched roof. The unit is being sold as an investment opportunity with a long serving tenant with 9 years left on an FRI Lease. The tenant currently pays £4,200pa and has extensively refurbished and maintained the unit to a high standard. The building is being used as a music studio and comprises a reception area, recreational area, rehearsal room, store, WC and kitchen on the ground floor. On the first floor is a large music studio and three further office/storage rooms. The property comes with gas fired central heating and double glazed windows.

Key Points

Services

All main services are connected. Gas fired central heating installed throughout. No services have been tested by the agents.

VAT

The sale price is not subject to VAT.

Tenure

Available freehold, subject to contract and with tenant in occupation upon completion.

Business Rates

Rateable value £4,100
Rates payable £2,045.90 pa (23/24)
Note: if you qualify for small business rates relief you should be entitled to a 100% rate exemption.

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.

Location