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Vacant Freehold Ground Floor Retail Unit

Chesterton, ST5 - Get Access

1 bath

Description

A vacant freehold ground floor retail unit with flat above which has been sold long leasehold within an established residential neighbourhood. The property comprises a ground floor end of terrace retail unit with ancillary stores, kitchen and WC, large storage area to the rear, benefiting from a return glazed frontage. It is considered suitable for a variety of alternative uses subject to obtaining any necessary planning permission. Please note that the first floor flat has been sold on a long leasehold basis. The property occupies a prominent position fronting the eastern side of the B5500 London Road at its junction with George Street, within a well established residential neighbourhood with predominantly older residential development interspersed with local shopping, and having Chesterton Park and Chesterton Community Sports College within close proximity. Chesterton is a former mining village located in the borough of Newcastle under Lyme approximately 4 miles from central Stoke on Trent.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 765 sq ft (Floor plan)

Valuing a commercial terraced retail unit with upper parts along London Road in Chesterton requires looking closely at similar local properties. The property features a dated interior layout with a 4/10 condition score requiring general modernisation. Floor area of 765 square feet is taken directly from the available floor plan data.

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