Stoke-on-Trent trading estate up for auction with £2m price tag

Trent Trading Estate in Hanley -Credit:Acuitus
Trent Trading Estate in Hanley -Credit:Acuitus

A Stoke-on-Trent industrial estate is up for sale with a £2m price tag. Trent Trading Estate in Hanley, which is fully-occupied, is due to go under the hammer at a commercial property auction on May 9.

Tenants at the Botteslow Street site include Strength Asylum Ltd, Milton Bridge Ceramics Ltd and Gladiator MMA Gym. The online auction is being held by leading commercial property auctioneers Acuitus.

They say the trading estate comprises 22 fully let commercial units, with over 30 car parking spaces to the front and side, generating £214,158 in rental income. The freehold of the property is offered with a guide price of £2m, with a yield in excess of 10 per cent.

David Margolis, of Acuitus, said: "There remains strong demand for multi-let industrial estates and this particular asset offers good active management potential to support the continued uplift in capital values."

More details about the lot can be found here.

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