31 - 49 Parliament Row and 55 Old Hall Street / 30 Goodson Street
Hanley
Stoke-on-Trent
ST1 3AU

Substantial Freehold City Centre Development Opportunity

Unbroken parade comprising 7 shops and 2 pubs on Parliament Row with adjacent large shop on Old Hall Street
Approximately 2,825.31 sq m (30,410 sq ft) with circa 150 feet frontage on Parliament Row
Majority offered vacant with redevelopment and change of use opportunities (subject to planning and consents)
Lapsed planning consent from 2015 for 34,000 sq ft of A1/A2/A3/A4/A5 & D2 Use
Located opposite recently demolished Hanley Shopping Centre (East/West Precinct), owned by the council and earmarked for major regeneration and redevelopment to include a possible new indoor arena, restaurants, hotels and conference centre as part of a new urban quarter

Lot
33
Auction
23rd May 2019
Rent
£50,000 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
The Montcalm Hotel
2 Wallenberg Place
London W1H 7TN

Important Update Interested?

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Property Information

Location

Miles: 18 miles north of Stafford
Roads: A52, A53, A500, M6 (J16)
Rail: Stoke-on-Trent
Air: Manchester Airport

Situation

Hanley forms the main retail destination for Stoke-on-Trent. The property is situated on the east side of the pedestrianised Parliament Row, Hanley's prime retailing thoroughfare, at its junction with Old Hall Street and forming a major part of Hanley's main shopping area. The rear of the property backs on to Goodson Street, with a 450 space multi-storey car park opposite. The property is located immediately opposite the former Hanley Shopping Centre (East/West Precinct) which has recently been demolished and is earmarked for redevelopment into a new urban quarter to include a possible new indoor arena, restaurants, hotel and conference centre. Current nearby occupiers include McDonald's, Boots the Chemist, Holland & Barrett, B&M, Iceland, Greggs and various banks, with a number of other nearby shops being recently converted to residential.

Tenure

Freehold.

Location

Miles: 18 miles north of Stafford
Roads: A52, A53, A500, M6 (J16)
Rail: Stoke-on-Trent
Air: Manchester Airport

Situation

Tenure

Freehold.

Description

The property comprises a parade of 7 shops and 2 pubs arranged over ground, first and second floors located on Parliament Row and one large shop located on Old Hall Street. The rear of 55 Old Hall Street also benefits from frontage onto Goodson Street.

VAT

VAT is applicable to this lot.

EPC

The EPCs will be available to view in the legal pack at acuitus.co.uk

Unit	Floor	Use	Gross Internal Floor Areas (Approx)	Tenant	Term	Rent p.a.x
31 Parliament Row	Ground First Second	Retail/Ancillary Ancillary Ancillary	73.25 sq m 39.15 sq m 39.15 sq m	(788 sq ft) (421 sq ft) (421 sq ft)	VACANT	-	-
33 Parliament Row	Ground First Second	Retail/Ancillary Ancillary Ancillary	67.36 sq m 38.97 sq m 37.69 sq m	(725 sq ft) (419 sq ft) (406 sq ft)
35 Parliament Row	Ground First Second	Retail/Ancillary Ancillary Ancillary	94.34 sq m 88.95 sq m 39.92 sq m	(1,015 sq ft) (957 sq ft) (430 sq ft)
37 Parliament Row	Ground First	Retail/Ancillary Ancillary	94.09 sq m 44.57 sq m	(1,013 sq ft) (480 sq ft)
39 Parliament Row	Ground	Retail/Ancillary	88.10 sq m	(948 sq ft)
41 Parliament Row	Ground	Retail	44.71 sq m	(481 sq ft)
41a Parliament Row	First Second	Ancillary Ancillary	107.00 sq m 112.50 sq m	(1,152 sq ft) (1,211 sq ft)
43/45 Parliament Row	Ground First Second	Retail/Ancillary Ancillary Ancillary	94.93 sq m 71.74 sq m 51.75 sq m	(1,022 sq ft) (772 sq ft) (557 sq ft)
47 Parliament Row	Ground	Retail	21.80 sq m	(235 sq ft)
49 Parliament Row	Ground First Second	Retail Ancillary Ancillary	48.63 sq m 55.64 sq m 34.07 sq m	(523 sq ft) (599 sq ft) (367 sq ft)
55 Old Hall Street	Ground First	Retail/Ancillary Ancillary	802.00 sq m 635.00 sq m	(8,633 sq ft) (6,835 sq ft)	MICHAEL ABAKHAN LIMITED (1)	1 year from 31/07/2018 until 30/07/2019 (2)	£50,000
Total	2,825.31 sq m	(30,410 sq ft)			£50,000

Unit

Floor

Use

Gross Internal Floor Areas
(Approx)

Tenant

Term

Rent p.a.x

31 Parliament Row

Ground
First
Second

Retail/Ancillary
Ancillary
Ancillary

73.25 sq m
39.15 sq m
39.15 sq m

(788 sq ft)
(421 sq ft)
(421 sq ft)