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TSB Bank

Shop for sale

£590,000 5,761 sq ft

Harris Lamb Ltd
Contacts

Becky Thomas - Harris Lamb Ltd

Andrew Groves - Harris Lamb Ltd

Full address
Crown Bank, Stoke On Trent ST1 1JY – Stoke-on-Trent
Highlights
  • Prime city centre location
  • Fully let to TSB Bank Plc
  • Nearby occupiers include Greggs, HSBC, Specsavers and Coral
  • Modern three storey building
Property type
Shop for sale
Asking price
£590,000
Available space range
5,761 sq ft
Features
Energy Performance Rating - D
Brochure
Download the brochure

Sale details

Sale unit 4018673 Available

5,761 sq ft, £102.41 per sq ft

Unit Sale unit 4018673
Address Crown Bank, Stoke On Trent, Staffordshire, ST1 1JY, GB
Size 5,761 sq ft
Price £590,000
Price per unit £102.41 per sq ft
Unit Sale unit 4018673
Address Crown Bank, Stoke On Trent, Staffordshire, ST1 1JY, GB
Size 5,761 sq ft
Price £590,000
Price per unit £102.41 per sq ft
Sale type Investment
Tenure Freehold
Net income yield 7.91%
Financial type Actual
Financial year 2018
Net operating income £46,669

Sale notes

  • We are instructed to seek offers in excess of £590,00 (five hundred and ninety thousand pounds) subject to contract and exclusive of vat.
  • A purchase at this level would reflect a net initial yield of 7.
  • 91% after purchasers’ costs of 5.
  • 02%.

Property description

Crown Bank comprises a modern three storey building providing a ground floor banking hall with first and second floor office accommodation. The ground floor is fitted out to a high standard and benefits from two entrance points. Access to the upper floors is by way of a staircase and lift and comprises a variety of office accommodation and toilet facilities.

Building subtype
Bank
Number of storeys
3
Building class
B
Rentable building area
5,761 sq ft
Year built
1980

Attachments

PDF #1 Marketing brochure/flyer Download

Major tenants

TSB Bank 5,761 sq ft

This shop for sale is located in Stoke-on-Trent.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Harris Lamb Ltd. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Harris Lamb Ltd for full details and further information.