COVID-19 – Important Auction Information
For Sale By Auction | 19:00, 13 October 2021 | Lot TBC

14B Gaolgate Street, Stafford, Staffordshire, ST16 2BQ

*Guide | £80,000 PLUS (plus fees)

  • Retail Property (high street)
  • Tenure: Freehold

Call the team on 01782 790058 for more information

Auction Date

Wed 13/10/2021

Auction Time

19:00

Auction Venue

Live Stream

Viewing Times:

Tue 28 Sep

11:00-11:30

Tue 5 Oct

11:00-11:30

Tue 12 Oct

11:00-11:30

Retail Unit

Live stream auction on 13th OCTOBER 2021 7PM START. Bidding will be available by either telephone, proxy or online bidding. If you wish to bid, please download the bidding form via the tab above and return it by email or post with copies of your ID and proof of address. A three-storey building providing retail space on the ground floor with the benefit of rear servicing access and two upper levels held for conversion to provide two flats and subject to a separate long-leasehold interest. The property occupies a prime trading position in Stafford Town Centre

Tenure

Freehold

Ground Floor

Store Showroom Area (17m x 5.4m, Stock Room (3.7m x 3.4m), Plant Room (6.3m x 1.3m), W.C No.1 (1.8m x 1m), W.C No.2 (1.8m x 1m),

Outside

Rear servicing access

Viewings

See 360° 3 D Virtual Tour Viewings: 11:00am 28th Sept, 5th and 12th October

Services

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

Note

The two upper floors are in separate ownership on a long leasehold basis for a term of 125 years from the 24th April 2020 and produce a rental of £300 per annum. VAT is applicable in this instance. The tenant is responsible for the structural upkeep of the two upper floors including the roof and also has to pay the building insurance premium. Details of lease are held in the legal pack

Local Authority

Stafford Borough Council

Solicitors

Russell-Cooke Solicitors, 8 Bedford Row, London, WC1R 4BX, Ref: Chloe Chatton, Tel: 020 7440 4831

Additional Fees

Buyer's Premium - £1140 inc VAT payable on exchange of contracts.

Administration Charge - £1200 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.