Property photos
Freehold
£235,000
Property for sale
523 And 523A Etruria Road, Basford, Stoke-On-Trent ST4Local area information
Property location
Nearby amenities
- Harpfield Primary Academy 0.4 miles
- Newcastle-under-Lyme School 0.4 miles
- Stoke-on-Trent 1.4 miles
- Longport 1.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
A prominently located convenience store with living accommodation above together with a separately accessed and self-contained first floor one bedroom flat.
Full Description
A prominently located convenience store with living accommodation above together with a separately accessed and self-contained first floor one bedroom flat. The property stands at the junction of Sackville Street and Etruria Road (A53) and is of late Victoria era with brick elevations supporting pitched roof surfaces. The front elevation is double fronted and there is also an extensive return frontage to Sackville Street where gates to the rear of the property secure a rear yard/car parking area.
Location
The property forms part of an established terrace of commercial properties in a densely populated area in Basford, which is approx. 1 mile to the east of Newcastle under Lyme town centre and approx. 1⁄4 of a mile from the A500 dual carriageway. In addition to the rear car parking area there is also plenty of on-street parking on Sackville Street.
Services
All mains’ services are connected and separately metered. 523A Etruria Road (flat) has electric heaters. No services have been tested by the agents.
Terms
Available freehold, subject to contract and the existing in place at date of completion.
Rates
Business rates
523: Rateable Value: £9,100
523A:Council Tax: Band A
2 Sackville Street: Council Tax Band A
Vat
The sale price is not subject to VAT.
Other
EPC's
523 Etruria Road Shop – 85 (Band D)
523A First Floor Flat – 40 (Band E)
2 Sackville Street – 50 (Band E)
523 and the flat above, (2 Sackville Street) are let under a single Full Repairing and Insuring lease to an individual for a term of 25 years from 5th October 2009, expiring 4th October 2034. The passing rent is £15,000 pa. There are no break clauses.
523A has recently been refurbished and is currently vacant although is being offered to the market at £450 pcm.
When fully let the property will generate an income of £20,400 pa which equates to a gross ROI of 8.7% against the purchased price of £235,000.
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.
Full Description
A prominently located convenience store with living accommodation above together with a separately accessed and self-contained first floor one bedroom flat. The property stands at the junction of Sackville Street and Etruria Road (A53) and is of late Victoria era with brick elevations supporting pitched roof surfaces. The front elevation is double fronted and there is also an extensive return frontage to Sackville Street where gates to the rear of the property secure a rear yard/car parking area.
Location
The property forms part of an established terrace of commercial properties in a densely populated area in Basford, which is approx. 1 mile to the east of Newcastle under Lyme town centre and approx. 1⁄4 of a mile from the A500 dual carriageway. In addition to the rear car parking area there is also plenty of on-street parking on Sackville Street.
Services
All mains’ services are connected and separately metered. 523A Etruria Road (flat) has electric heaters. No services have been tested by the agents.
Terms
Available freehold, subject to contract and the existing in place at date of completion.
Rates
Business rates
523: Rateable Value: £9,100
523A:Council Tax: Band A
2 Sackville Street: Council Tax Band A
Vat
The sale price is not subject to VAT.
Other
EPC's
523 Etruria Road Shop – 85 (Band D)
523A First Floor Flat – 40 (Band E)
2 Sackville Street – 50 (Band E)
523 and the flat above, (2 Sackville Street) are let under a single Full Repairing and Insuring lease to an individual for a term of 25 years from 5th October 2009, expiring 4th October 2034. The passing rent is £15,000 pa. There are no break clauses.
523A has recently been refurbished and is currently vacant although is being offered to the market at £450 pcm.
When fully let the property will generate an income of £20,400 pa which equates to a gross ROI of 8.7% against the purchased price of £235,000.
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.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
More information
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Listed by
Rory Mack Associates
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Property descriptions and related information displayed on this page are marketing materials provided by - Rory Mack Associates. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Rory Mack Associates for full details and further information.