Restaurant for sale

411-415 Victoria Road, Hanley, Stoke-On-Trent, Staffordshire ST1


£195,000
1,242 ft²

Features

  • Central heating
  • Double glazed
  • Leasehold
  • Modern open plan living
  • New development
  • Newly built two bedroom apartments

Description

Location
The property is prominently located on Victoria Road in a predominantly residential area approximately half a mile from Hanley city centre. On street parking is available outside the property and there are numerous street parking opportunities within close proximity.

Description
A prominently located triple fronted restaurant premises with three bedroom flat above. The property has traded for many years as La Favorita Italian Restaurant and is now being sold on a vacant possession basis with the business having stopped trading at the end of January. The restaurant is currently arranged to seat 60 although there is excellent scope to extend the restaurant. To the rear is a fully fitted kitchen together with male and female toilets and food prep areas. At first floor is a spacious three bedroom flat with roof terrace to the rear.

Accommodation
Ground floor:
Restaurant: 828 sq.ft.
Kitchen areas: 332 sq.ft.
Stores (X4): 82 sq.ft.
Male + female WCs: -
Total: 1,242 sq.ft.

First floor:
Lounge: (11'9×27'6) 323 sq.ft.
Bathroom: (70 X 12'6) 88 sq.ft.
Kitchen/laundry: (130× 49) 62 sq.ft.
Bedroom one: (116× 120) 138 sq.ft.
Bedroom two: (123× 116) 141 sq.ft.
Bedroom three: (113 × 116) 129 sq.ft.
Total: 881 sq.ft.
Total nia: 2,123 sq.ft.

To the rear are two single garages with an enclosed yard area with access off the ginnel to the rear.

Services
All mains services are connected. Gas fired central heating installed. Please note that no services have been tested by the agents.

Terms
Available freehold with vacant possession upon completion.

Outgoings
Business rates

Rateable Value: £6,700
Rates Payable: £3,343.30 pa (20/21)
Please note: If you qualify for Small Business Rates Relief you will be entitled to a 100% exemption.

VAT
The sale price is not subject to VAT.

Planning
Planning

The property has been used as a restaurant for many years, in accordance with an A3 (restaurant and cafe) Use Class Order. Interested parties should make their own enquiries regarding planning permission and need to satisfy themselves that the planning permission is in place to suit their requirements.

Other
EPC

81 (Band D)

Categories

Restaurants
Call
Property reference
CP35464_12