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Phoenix Works 500 King St 23,638 sq ft 100% Let Office Property Stoke On Trent ST3 1EZ £500,000 (£21.15/sq ft)



Investment Highlights
- Full planning Ref: 70591/FUL
- 25no dwellings & 2no retail units
- 14 x 2 bedroom
- Heritage site & close to local amenities
- Listed building consent Ref: 70652/LBC
- 10 x 1 bedroom
- 1 x 3 bedroom
- Close to local bus station & railway station
Executive Summary
Phoenix Works is a heritage former pottery work dating back to 1881, with a featured bottle kiln and courtyard, in a site area of 0.356 acres. Full planning consent has been granted 16th September 2024 for the conversion to 25no residential dwellings and 2no retail units (Planning Ref: 70591/FUL) and Listed Building Consent (Planning Ref: 70652/LBC). The residential dwellings consist of:
-10 x 1 bedroom
-14 x 2 bedroom
-1 x 3 bedroom
-2 x retail units (Use Class E(a)) fronting King Street.
Further details are available via Stoke-on-Trent City Council Planning Portal.
Internally, the buildings are predominantly open plan with natural light on all elevations. The front three storey building has already undergone restoration including repointing, new full glazed doors, window restoration, ground floor rendered and roof restoration. The original bottle kiln forms part of the development with the upper floors forming a bespoke feature of Residential Unit 18.
The property is situated on the edge of Longton town centre and within 0.1 mile are amenities including Longton Bus Station, The Strand (Longton town centre), Tesco, Matalan, Argos and Next. Major road networks are readily available:
•A50 - 0.2 miles
•A500 ‘D’ Road – 2 miles
•M6 J15 – 4.3 miles
Longton Railway Station is only 100 meters from the property and is currently part of a multi-million pound bid by Stoke-on-Trent City Council to transform Stoke-on-Trent train stations. Longton is the second busiest station within the area with a travel time of approximately 5 minutes to Stoke Station.
-10 x 1 bedroom
-14 x 2 bedroom
-1 x 3 bedroom
-2 x retail units (Use Class E(a)) fronting King Street.
Further details are available via Stoke-on-Trent City Council Planning Portal.
Internally, the buildings are predominantly open plan with natural light on all elevations. The front three storey building has already undergone restoration including repointing, new full glazed doors, window restoration, ground floor rendered and roof restoration. The original bottle kiln forms part of the development with the upper floors forming a bespoke feature of Residential Unit 18.
The property is situated on the edge of Longton town centre and within 0.1 mile are amenities including Longton Bus Station, The Strand (Longton town centre), Tesco, Matalan, Argos and Next. Major road networks are readily available:
•A50 - 0.2 miles
•A500 ‘D’ Road – 2 miles
•M6 J15 – 4.3 miles
Longton Railway Station is only 100 meters from the property and is currently part of a multi-million pound bid by Stoke-on-Trent City Council to transform Stoke-on-Trent train stations. Longton is the second busiest station within the area with a travel time of approximately 5 minutes to Stoke Station.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
23,638 sq ft
Costar Property Class
C
Year Built/Renovated
1850/2010
Price
£500,000
Price per sq ft
£21.15
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
7,879 sq ft
Plot ratio
0.78
Total Plot Size
0.70 ac
Major Tenants
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
- D2NA
- -
- 2,000 sq ft
- -
- -
- Fittingly
- -
- 2,002 sq ft
- -
- -
- Period Property Store
- -
- 2,200 sq ft
- -
- -
- The Ghost House Cafe Bar
- -
- 1,200 sq ft
- -
- -
- Ultimate Ink Tattoos
- -
- 800 sq ft
- -
- -
- Yes Lease
- -
- 800 sq ft
- -
- -
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
| D2NA | - | 2,000 sq ft | - | - | ||
| Fittingly | - | 2,002 sq ft | - | - | ||
| Period Property Store | - | 2,200 sq ft | - | - | ||
| The Ghost House Cafe Bar | - | 1,200 sq ft | - | - | ||
| Ultimate Ink Tattoos | - | 800 sq ft | - | - | ||
| Yes Lease | - | 800 sq ft | - | - |
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Phoenix Works | 500 King St
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