A Vacant Former Night Club Offered with Planning Permission for Change of Use with Alterations to Provide a 17 Bedroom HMO. ERV of Proposed Accommodation Approximately £71,206 per annum.

The property comprises former night club arranged over ground and first floors.

Tenure

Freehold

Location

The property occupies a town centre location on a predominantly residential road in Stoke-on-Trent close to local shops and amenities. The open spaces of Northwood Park are within easy reach. Transport links are provided by Stoke-on-Trent rail station.

Planning

City of Stoke-on-Trent granted the following planning permission (Ref: 61139/FUL) dated 16th August 2017 for; 'Change of use from vacant nightclub to Large House in Multiple Occupation (HMO) for up to 18 occupiers (sui generis) and elevational alterations'.

Proposed Accommodation

Lower Ground Floor Two Self-Contained Letting Rooms Two Communal Kitchens Laundry Room Ground Floor Fifteen Self-contained Letting Rooms Two Communal Areas

The LHA rates for a one bedroom property in this postcode is £80.55 per week (equivalent to £71,206 per annum) (source: lha-direct.voa.gov.uk).

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.