Land for sale in West Way, Stafford ST17

Investment Garage Site

Description

The site forms a number of garages that are let out and currently there are 14 garages available to purchase. They are of brick construction under a corrugated sheeting roof with up and over doors. The garages are in one single line with a tarmacadam area to the front of the garages. We believe that two of the garages are vacant.

Location

The site is located off West Way in Stafford. West Way links the Newport Road A518 with the Wolverhampton Road the A449 and runs through the large residential area known as Highfields. The site itself is situated to the rear of a number of shops including a Spar, a Pharmacy and a number of take a ways. Stafford is the county town of Staffordshire with a population of 70,145 as at census 2021.

Tenure

The garages are available freehold. We believe the current gross income is £4,400 pa with one vacant.

Planning

Bjb recommend that potential occupiers make their own enquiries to the local authority in order to satisfy themselves that their proposed use is authorised in planning terms.

Legal Costs - Sale

Each party is responsible for their own legal costs in respect of the sale of this premises.

Proof Of Identity

To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction.

Rating

The voa website advises the rateable value for 2023/24 is tbc The standard non-domestic business rates multiplier is 51.2p. The small business multiplier is 49.9p up to a rateable value of £50,999. Small Business may benefit for upto100% on premises with a rateable value of up to £12,000 and a tapered relief for rateable values between £12,000 and £15,000.

Bjb recommends interested parties make their own enquiries into the business rate payable any further business rate relief which may be available.

Viewing

Strictly by appointment via bjb commercial, Suite 1, Albion House, No.2 Etruria Office Village, Forge Lane, Festival Park, Stoke-on-Trent, ST1 5RQ
Telephone . Opening hours are 9.00-5.30pm, Monday to Friday.