7 & 15 Piccadilly Arcade, Stoke-On-Trent, Staffordshire ST1 1DL

Two x two storey retail units held on long 999 year leases offered with tenants in situ; both located in a prime position at the entrance to the Piccadilly Arcade, Hanley. Total income £12,000 per annum. Each unit benefit from external electric roller shutters. The arcades common area also has roller shutters for out of hours security. There is a quarterly service charge currently £349 covering both units, recharged to the tenants on 50/50 split. Landlord electric supply, recharged to tenants from submeter readings. Each unit has their own water supply. We are advised that VAT is not applicable. Location Piccadilly Arcade is located within Hanley town centre and comprises a range of shops connecting Trinity Street with Brunswick Street/Piccadilly. Piccadilly is located within the Cultural Quarter with The Mitchell Arts Centre, Potteries Museum & Art Gallery and the Regent Theatre all within close vicinity. Hanley Bus Station is only 0.3 mile from the property and Stoke-on-Trent Railway Station is 1.3 miles. There is public parking along Trinity Street and a number of public car parks in the vicinity. Accommodation No. 7 Piccadilly ArcadeTenant: Nail Bar Lease term: 2nd January 2025 to 1st January 2028. 449 Sq. Ft. Rent: £6,000 per annum.No. 15 Piccadilly ArcadeTenant: Barbers Lease term: 1st February 2023 to 31st January 2028. 516 Sq. Ft. Rent: £6,000 per annum. Costs Auction D…

From the Pugh & Co listing. Read the full listing and legal pack →