Commercial Property in Penkhull available for sale
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Retail Showroom for Sale near Penkhull, Stoke On Trent

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Retail Showrooms for Sale Within 5 miles of the Penkhull, Stoke On Trent

More details for Units 1-9 Milvale Street – Industrial for Sale, Stoke On Trent

Units 1-9 Milvale Street

  • Industrial for Sale
  • £495,000
  • 14,875 sq ft
  • 2 Industrial Properties

Stoke On Trent Portfolio of properties for Sale - Stoke-on-Trent Fringe

The property comprises a self-contained industrial investment let to two long standing tenants who have been in occupation for circa 20 years. Units 1-2 are occupied by GM Panels on a lease which expires in September 2026 with Units 3-9 being occupied by Ace Vauxhall Parts who are currently holding over on their lease agreement. The total current passing rent is £46,100 per annum exclusive which breaks back to a low £3.09 per square foot overall. There is an excellent opportunity for value enhancement through asset management and a potential reversionary rent of £61,750 per annum exclusive.

Contact:

Mounsey Chartered Surveyors

Date on Market:

02/09/2025
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