Dresden House, The Strand, ST3 2QH

LOCATION

The property is prominently located on The Strand immediately opposite the entrance to The Longton Exchange Public Car Park. The property is also close to the A50 Dual Carriageway and forms part of an establishment of parade of mixed use commercial buildings, some of which already have accommodation above.

DESCRIPTION

A substantial three storey building which is made up of ground floor retail units, which are currently let out and income producing. The 1st and 2nd floors are currently used as offices benefiting from (A2) consent, however on exchange will become vacant. The 1st and 2nd floors would ideally suit residential conversion into either flats of a House of Multiple Occupation (HMO), subject to planning. Constructed in the 1900’s of brick elevations with attractive sandstone detailing. The property has extensive frontage to the strand. The 1st and 2nd floor accommodation is arranged as a number of individual offices accessed via an internal staircase with separate self-contained access of The Strand, and would ideally suit residential conversion, subject to planning.

ACCOMMODATION

1st and 2nd floor office 6,090 sq.ft. or 566 sq.m.

TENANCY SCHEDUELE

Unit: Tenant: Rent per annum: Lease:

98-100 The StrandDomestic Appliances£4,750 + VATHolding over – Tenant has been in occupation since 1996

102-104 The StrandHairdressers, Beautician, Dressmaker£4,500 + VATHolding over – Tenant has been in occupation since 2003

106-108 The StrandRetail - Motor Accessories and Tyre Bay£11,880 + VATLease expiring 31.12.2020 – tenant in occupation since 1996

First Floor – Right sideUnoccupied Previously achieved £6,500 + VAT

First Floor – Left sideOffices – Rehabilitation Services£4,000 + VATHolding over – Tenant has been in occupation since 2015

Second Floor - OfficesPart Offices£1,710 + VATLicense since 1.2.2018

SERVICES

All mains services are connected. Gas fired central heating is installed throughout the upper floors and in the hairdressers’ salon. No services have been tested by the agents.

TERMS

Available freehold, subject to contract with vacant possession upon completion, and all leases (if applicable) in place.

OUTGOINGS

BUSINESS RATES

It is recommended that any interested party make their own enquiries to the local authority.

LOCAL AUTHORITY

Stoke-on-Trent City Council –

VAT

The sale price is subject to VAT.

OTHER

EPC

Band E – Asset Rating 103.