DESCRIPTIONThe property is currently arranged to provide a high quality car dealershipsitting on a site area of approximately 1 acre. The property was built in theearly 1980's and is currently arranged to provide accommodation with aTotal Gross Internal Floor Area of approximately 1,231.5 sq m (13,256 sqft). The premises is arranged to provide car showroom / office and MOTworkshops and valeting bays. The majority of the accommodation isarranged over ground floor with offices and welfare facilities and a section ofmezzanine stores within the first floor. The property provides approximately40 car display parking spaces and a services yard, externally.The property is of traditional portal framework with glazed curtain wallingto the frontages to Blackfriars Road and Pool Dam. The rest of the propertyis clad in profile steel sheeting. The quality of the internal fit out can only befull appreciated by undertaking an inspection of the property. The vehicleworkshop benefits from 5 up and over door openings and there are twoto the valeting bay.There maybe the opportunity to acquire the car parking area that thevendors have let from the Council.SITUATIONThe property enjoys a highly prominent, elevated position at the junction of BlackfriarsRoad with Pool Dam immediately to the south of the Town Centre of Newcastle under Lyme, where the A34, A52 and A53 meet. Junction 15 of the M6 is approximately 5 miles to the south of the property. The site is within close proximity of Morrisons and Aldi and Keele University. The profile location of the property means that it would lend itself to a variety of alternative uses (subject to planning).The property is sold subject to a lease dated 14th June 2018 betweenGreenhous Group (Holdings) Limited and Donna Louise Trust at a rent of£60,000 per annum for a term expiring on the 17th June 2023. The lease isexcluded from the Landlord and Tenant Act 1954 part 2 and is subject to theopportunity for thee landlords to determine the lease on 6 months notice.Further details available from the selling agents on request. The property isheld under ownership via Property Title Number SF248821.Current Rateable Value: £97,000Draft Rateable Value for 2017: £111,000
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