Hanley – Freehold Shop Investment
20-22 Stafford Street, Hanley, Staffordshire ST1 1JQ
Freehold Shop Investment
- Purchase Price: £170,000
- Net initial yield of approximately 10.00% assuming normal purchaser’s costs
- VAT is applicable to this lot
- Town centre location
- The property is arranged on ground and one upper ﬂoor to provide a ground ﬂoor shop, presently trading as a café/restaurant, with staff ancillary and storage accommodation on the ﬁrst ﬂoor above, which is accessed from an external staircase to the side
- Occupiers close by include Nationwide, Ryman, Savers, Wilko and Bonmarché, amongst many others
Hanley, together with Stoke-on-Trent, has a population of some 240,000 and forms part of the extensive Potteries conurbation. The town is located some 40 miles south of Manchester and is situated at the junction of the A50 and A500, a short distance east of the M6 Motorway (Junction 15). The property is situated on the east side of Stafford Street, close to its junction with the pedestrianised Piccadilly, in the heart of the town centre.
Tenancies & Accommodation:
Disclaimer: Blue Alpine Partners prepares sales and letting particulars diligently and all reasonable steps are taken to ensure that they are correct. Neither a seller nor a landlord nor Blue Alpine Partners will, however, be under any liability to any purchaser or tenant or prospective purchaser or tenant in respect of them. If a property is unoccupied, Blue Alpine Partners may not have all the information required by a prospective purchaser or tenant in its possession, may not be able to obtain it and may not be able to verify all the information which it does hold. Prospective purchasers should make their own investigations before finalising any agreement to purchase or lease.
Joseph Bachman is responsible for operations and investor relations within Blue Alpine Ltd. A strategically minded Entrepreneur and Director, possessing a 10+ year demonstrable track record of creating revenue growth and shareholder value. Expertise in International expansion, corporate restructuring, business development, sales and marketing strategies, financial management and fostering strong alliances. Since May 2010, when he co-founded the women’s luxury brand Paolita, Joseph has collaborated with over 200 global fashion brands. Prior 2010, Joseph worked in the private equity and hedge fund sectors as a consultant specialising in co-investment opportunities and fundraising.