Lower Bethesda St - Office FOR SALE


Stoke On Trent, STS ST1 3DE
$650,000 USD
Lower Bethesda St, Stoke On Trent, STS for Sale
$650,000 USD
Office - FOR SALE
1/10
null | Request Cap Rate

Lower Bethesda St
Stoke On Trent, STS ST1 3DE


HIGHLIGHTS

  • Air Conditioning
  • Onsite parking and positioned directly opposite John Street Multi-Storey Car Park
  • Hanley City Centre Location

OVERVIEW

Ground Floor - 3,889 sq.ft. - Let First Floor - 3,583 sq.ft. - Available - £35,850+VAT per annum Total NIA - 7,472 sq.ft. The property comprises of a detached, two storey brick-built office building that is Grade II listed. Previously a methodist school, the property has benefited from a number of office occupiers in recent years. Internally, the accommodation offers; • A range of open plan and partitioned meeting rooms • LED lighting • Air conditioning • Perimeter trunking • Kitchen/WCs on each floor • Central Staircase • Shower facilities Externally each floor benefits from 3 parking spaces onsite. INVESTMENT SUMMARY The first floor is vacant and available to let at a quoting rent of £10 per sq ft and is being marketed as a whole or in two suites. The ground floor is let to Smiths (Solicitors) LLP on a new internal repairing and insuring lease for 10 years from 6th June 2024 at a headline rent of £40,000 per annum. The tenants benefit from a stepped rent, break option and there is a 5th year, upwards only, rent review. Further information is available from the agents. Located on the corner of Bethesda Street and John Street in Hanley, Stoke on Trent’s city centre, the premises benefit from onsite parking and Bethesda Public Gardens and seating area are situated to the rear. The A5008 ring road provides access to the further road network into the City Centre and towns of Stoke on Trent with the A500 located approximately 1.6 miles from the property. The A500 provides links to Newcastle under Lyme to the North along with Junction 16 of the M6 approx. 5 miles to the South. The property is located on the local bus route with Hanley Bus Station within walking distance. John Street multi-storey car park is situated directly opposite and there is a variety of pay and display and short stay parking surrounding the building. The Potteries Museum is also located on Bethesda Street and the recently built mixed use Smithfield development is situated nearby offering a Hilton Hotel, residential apartments and office occupiers including, Davies Group, Staffordshire Police, NHS and the Home Office.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$83 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sentinel House

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1879

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

-

APN/PARCEL ID

SF231074

ASK ABOUT THIS PROPERTY

Becky ThomasMounsey Chartered SurveyorsMore Info

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Becky ThomasMounsey Chartered SurveyorsMore Info

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