Property Summary

  • REDUCED PRICE – £575,000
  • First Floor is Vacant Providing a NIA 3,583 sq.ft.
  • Ground Floor is let to Smiths (Solicitors) LLP on a 10 year lease at a headline rent of £40,000 per annum
  • Air Conditioning
  • Onsite parking and positioned directly opposite John Street Multi-Storey Car Park
  • Hanley City Centre Location

Property Description

Tenure: Freehold

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.

Property Address

Alexander House
Bethesda Street
Stoke-on-Trent
Staffordshire ST1 3GN


Share This Property

Interested in this property? Contact the agent below

  • This field is for validation purposes and should be left unchanged.