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Potteries Way 6.79 Acres of Commercial Land Offered at £3,500,000 in Stoke On Trent ST1 4JW

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INVESTMENT HIGHLIGHTS

  • Highly prominent cleared development site, offered as a whole.
  • Opposite a large Tesco Extra store and on the edge of Hanley town centre.
  • Generally level, remediated and having been extensively prepared for development.
  • Extensive frontage to A5008 with more than 20,000 passing vehicles per day.
  • Planning granted in August 2022 for a large car supermarket but the site has potential for a wide range of commercial uses (subject to planning).
  • Within 4.5 miles of M6 (J15) and close to established retail and leisure parks.

EXECUTIVE SUMMARY

A highly prominent, 6.79-acre freehold development site on Potteries Way within the administrative boundary of Stoke-on Trent City Council.

Situated opposite a popular Tesco Express, this prominent site enjoys three separate frontages with over 20,000 cars passing daily. Fronting the A5008 Potteries Way, the site essentially forms part of the western section of the ring road around Hanley town centre. Clough Street also borders the site to the north (sharing a traffic light junction with the Tesco Extra store), with Sun Street to the south and Robson Street / Slippery Lane / Broad Street to the southeast. In total, there are six lanes of traffic on Potteries Way at its junction with Clough Street, in keeping with its high traffic flows, thereby optimising visibility and prominence.

The site, historically a pottery works, has been cleared and remediated for development in line with the BSH Remediation Construction Method Statement (CEMP), approved by Stoke-on-Trent City Council. The works were undertaken to prepare the site for development for the proposed commercial end use and associated infrastructure and to satisfy the requirements of the LPA's environmental health department and building warranty provider. This generally level, irregular-in-shape site has heras and palisade fencing erected around the site boundary, with all existing utilities cleared from the site.

The site was granted planning permission in August 2022 under application 66132/FUL for the "Erection of building for motor dealership including MOT testing facility and external area for storage and display of vehicles (sui generis)". A planning appraisal undertaken by Eden Planning in March '24 concluded that there is a case to support a variety of uses on the site, including drive-thru and beverage outlets, food retail, non-food retail, hotel and leisure, commercial use, or light industrial, industrial, or self-storage. The site also has potential for residential use.

The site sits opposite Tesco Extra and Arnold Clark and adjacent to Holdcroft Trade Cars. Moreover, there is a host of household-name occupiers nearby on Etruria Road, including Papa Johns, Wagamama, Nando’s, TGI Fridays, Costa Coffee, Burger King, B&M, and Sports Direct.

The site is available freehold (under Title SF55543) with vacant possession upon completion. Please contact the agents for more information.

PROPERTY FACTS Under Offer

Price £3,500,000
Sale Type Investment
Tenure Freehold
No. Plots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Plot Size 6.79 ac

1 PLOT AVAILABLE

Plot

Price £3,500,000
Price Per ac £515,463.92
Total Plot Size 6.79 ac

Vacant Possession. A highly prominent, cleared and remediated site of 6.79 acres, extensively prepared for redevelopment.

  • Listing ID: 33461705

  • Date on Market: 09/10/2024

  • Last Updated:

  • Address: Potteries Way, Stoke On Trent ST1 4JW

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