Property Details
Pugh Auctions
Lot 044
Lot 044
Auction: September 2016

Trinity House, 43-45 Trinity Street, Stoke-on-trent, Staffordshire, ST1 5LQ

Property Details
Location

The property is located on the edge of Hanley town centre, approximately 1.25 miles north of Stoke-on-Trent and within 4 miles of the M6 motorway. Trinity Street can be accessed from Etruria Road (A5010).

Description

Retail/leisure investment comprising a five storey plus basement end terrace let at a combined rent of ú59,000. To the ground floor is a nightclub/bar, gym to the first floor and offices to both second and third floors. The fourth floor is considered suitable for conversion to provide two self contained one bedroom flats and two self contained two bedroom flats with underground parking, subject to obtaining the necessary consents. The property has lift and stair access to all floors.

Accommodation

The following areas have been taken from the VOA website: Basement: Ladies and Gents WC's, Parking for 15 vehicles with turntable Ground Floor: Nightclub/Bar First Floor: Boxing Gym, WC's 269 sq m (2,895 sq ft) Second Floor: Offices 264 sq m (2,842 sq ft) Third Floor: Four Office Offices 255 sq m (2,745 sq ft) Fourth Floor: 206 sq m (2,213 sq ft)

Outside

Rear access to underground car parking.

Approx Site Area

Approximately 464 sq m (555 sq yds).

Tenure

Freehold.

Planning

Interested parties should consult with the Local Planning Office, Stoke on Trent City Council, PO Box 630, Civic Centre, Glebe Street, Stoke on Trent, ST4 1RN. Tel: 01782 234567, Fax: 01782 232171.

Tenancy

Ground Floor Nightclub is let to Knightsbridge Housing and Negotiators Ltd - 10 yr Lease from 24th March 2016. Yr 1 ú18k, Yr 2 ú20k, Yr 3 ú22k. Yrs 4-10 on a 7% accumulative fixed uplift. Break option 24th March 2019. Contracted out. 1st Floor let on a 12 Month agreement to Fan Boxing at a rent of ú9,000 per annum from the 1st March 2016. 2nd & 3rd Floor let to Port Vale FC Community Trust commencing 1st March 2015 and ending on the 1st March 2041. Break option 1st March 2017. Contracted out. Current rent ú32,000 per annum. Total combined rent: ú59,000 per annum.

General

Energy Performance Certificate = F.

Property Location Address:
Trinity House,
43-45 Trinity Street,
Stoke-on-trent,
Staffordshire,
ST1 5LQ
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Auction Details
Auction: September 2016 Date: 13th September 2016 Lot Number: 044 Doors Open: 12:00pm Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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