An architecturally stunning Victorian Villa, located on a very busy thoroughfare, highly visible to passing traffic and pedestrians. Its imposing frontage sits prominently on the border of Newcastle Under Lyme and Stoke on Trent, equidistant between junction 15 & 16 of the M6. It represents an excellent investment opportunity or is alternatively well suited to an owner-occupier. It lends itself to many different uses.
The property was purchased with a view to opening a town centre spa, restaurant and beauty clinic – ‘Beauty and the Bistro’ (Restaurant and Cocktail Bar, Skin & Laser Clinic, Beauty Salon, Hairdressers, Nail Bar, Relaxation Room, Mud Chamber and Barbers complete with 7 treatment rooms).
Over a £1million has been invested into the building. The building works/conversion are approx. 70% complete and £607,000 was invested into the renovation (in addition to the original purchase cost). Due to unforeseen circumstances the project came to a halt and necessitated a sale. Depending upon your intended use, it will still need additional investment to complete the renovation.
The property is usable on four levels and is very well suited to be finished to alternative uses, subject to achieving the relevant planning consent(s). It already has the benefit of full planning and a premises licence for its original intended use. Application number 59949/FUL and 63242/FUL from Stoke on Trent City Council.
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