Property Description

A mixed use property comprising of 2 ground floor retail units and large first floor accommodation with a current rental income of £3120pa The property benefits from planning consent for the creation of a retail unit (use class E(a)) and one ground floor residential self-contained apartment (use class C3) to No.230, change of use of first floor to a small 4 bed HMO (use class C4) to Nos.230 and 232 and creation of first floor rear extension to No.232 located along the popular London Road Stoke. No.232 is currently rented with an annual income of £3,120. Accommodation 230 London Road - Rear extension room 1 - 78 sq ft (7.23 sq m) Rear extension behind 232 - 231 sq ft (21.43 sq m) Reception area - 88 sq ft (8.16 sq m) Room 1 - 30 sq ft (2.82 sq m) Room 2 - 32 sq ft (3.01 sq m) Room 3 - 15 sq ft (1.43 sq m) Room 4 - 42 sq ft (3.88 sq m) Room 5 - 46 sq ft (4.27 sq m) Room 6 - 51 sq ft (4.72 sq m) Front Room - 146 sq ft (13.55 sq m) Total - 759 sq ft (70.5 sq m) 232 London Road - Not internally inspected - 540 sq ft (50.2 sq m) First Floor Flat is derelict and has not been measured but runs above both shops. The access is via a external metal staircase accessed through the rear entrance of 230 London Road. Interested parties are advised to inspect the legal pack and the City Of Stoke On Trent Council planning portal reference 67402/FUL We have been advised by the vendor that once the site has been developed as per the approved plans, the rental income is anticipated to be circa £25k per annum. PLEASE NOTE: Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Note

The property is registered as 230 London Road, Stoke-On-Trent (ST4 5RH) & 232 London Road and 10 Empire Street, Stoke-on-Trent.

Tenure

Freehold

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