For Sale By Auction | 19:00, 18 December 2019 | Lot 7

98 - 102, Church Street, Stoke, Stoke-On-Trent, Staffordshire, ST4 1BU

*Guide | £120,000 PLUS (plus fees)

  • Retail Property (high street)
  • Tenure: Freehold

Call the team on 01782 790058 for more information

Auction Date

Wed 18/12/2019

Auction Time

19:00

Auction Venue

Stoke City FC bet365 Stadium, Stanley Matthews Way, Stoke-on-Trent, ST4 4EG

Commercial Retail

The property is situated in the centre of Stoke-on-Trent with other retailers close by including Sainsburys and Wetherspoons public house. Stoke is one of the six towns which make up the Stoke-on-Trent conurbation and is located just off the A500, a major urban expressway through the heart of the North Staffordshire conurbation linking junctions 15 and 16 of the M6 Motorway. The two storey retail premises is currently let to Factory Seconds with a rental income of £18,360 per annum with existing rising rental lease expiring in 2022.

Tenure

Freehold

Accommodation - Ground Floor & First Floor Total Area 3896.54 Sq ft (362 square meters) Services - Mains water, electricity and drainage are believed to be connected Tenure - Existing rising rental lease expiring in 2022. Planning - It is recommend that potential occupiers make their own enquiries to the local authority in order to satisfy themselves that their proposed use is authorised in planning terms.

Rating - 98 (First Floor) The Rateable Value is £5,800. Rating - 100- 102 The Rateable Value is £13,500. It is recommend parties make their own enquiries into any business rate relief which may be available.

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Stoke on Trent City Council

Solicitors

Woolliscrofts Solicitors, 51 High Street, Stone, Staffordshire, ST15 8AF, Ref: Caroline Carnes, Tel: 01785 413302

Additional Fees

Administration Charge - £900 inc VAT payable on exchange of contracts.

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