Retail Property (High Street) in Stoke on Trent

39 Queen Street, Burslem, Stoke on Trent, ST6 3EH
  • Lot No: 199A
  • Property Type: Retail Property (High Street)
  • Contract Type: Unconditional with Variable Fee
Rory Mack Associates

Guide Price* £55,000+ plus fees

Result Sold at Auction £60,000

Property Description

The property comprises a two storey semi-detached former card shop benefiting from a roller shutter and on street parking within the vicinity. The accommodation comprises ground floor trading area with rear storage area. The first floor accommodation is accessed via an internal staircase and is split into various rooms. We have been verbally advised by the vendor that there has been consent given for residential use many years ago comprising two first floor apartments and an office to the ground floor. We do feel that a scheme like this would be viable especially with the huge regeneration going on within the immediate vicinity. Any development would require new planning consent to be granted.

Location:

The property is located in Burslem close to the town centre within an area of both retail and residential property.


VAT

We understand that VAT will not be chargeable on this transaction


Virtual Tour

https://www.youtube.com/watch?v=5q92dPqv6cE&feature=youtu.be


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 30th October 2020

Venue National Property Auction - Day 2 (Commercial)
The National Property Auction (Commercial) will be conducted behind closed doors by auctioneers Andrew Parker and Graham Penny. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

39 Queen Street, Burslem, Stoke on Trent, ST6 3EH