The larger more high profile property transactions we at Louis Taylor are involved with sometimes hog the limelight. We are however equally as proud of our work on the smaller transactions around the city. The star of our property feature today is 336 Hartshill Road, a two-storey corner end terraced office building on the corner of Hartshill Road and Cumming Street in the residential suburb of Hartshill.
A solid brick construction under a pitched clay tiled roof, the property was probably built in the early 1900s; it has a small yard area to the rear on Cumming Street, with space for two vehicles.
You may have driven past number 336 on this busy main road that forms part of the A52, a major route that also links the town of Newcastle under Lyme, some 3 miles to the west, with the town of Stoke 2 miles to the east.
A double success.
What made the property a double success was that the team at Louis Taylor first negotiated a new 4 year lease on behalf of our client, at a rent being 12% higher than was previously passing with the existing tenants.
We then went on to market and sell this same investment property on behalf of our client, achieving an excellent sale price.
In more detail, 336 Hartshill Road comprises:
A ground floor reception: 14.25 sq m (153 sq ft). Office: 16.25 sq m (175 sq ft). Office: 5.55 sq m (60 sq ft). Office: 7.68 sq m (83 sq ft). Storage: 14.90 sq m (160 sq ft), and WC.
A first floor Office: 7.07 sq m (160 sq ft). Kitchen: 3.56 sq m (38 sq ft). Office: 15.20 sq m (164 sq ft). Office: 19.39 sq m (209 sq ft) and WC.
Total GIA: 103.87 sq m (1,118 sq ft).
The Property has a Rateable Value of £6,100.
For advice on any aspect of buying, selling or managing commercial property, please do not hesitate to contact our Commercial team at Louis Taylor Ltd on 01782 260 222 or info@louis-taylor.co.uk