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72a Leonard Street, Stoke-On-Trent ST6 1HH

Lot no: 44 Postponed
 

Guide Price £90,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 27th June 2024

9.00am
Key Features
  • Single storey commercial building
  • NIA: 1,244 sq. ft.
  • Very well presented and fully modernised building
  • Suitable for a number of uses such as office, medical or residential (STP)
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Postponed

Office

Property Description:

A single storey building of conventional cavity brick elevations with a pebble dashed covering supporting a pitched tiled roof.

Currently used as an office the building would suit a range of alternative commercial
uses to include office, financial services, medical, or residential, subject to planning.

The property comprises a number of individual offices which could easily be reconfigured and benefits from a kitchen area, mens and ladies toilets and a new gas boiler providing central heating throughout.

The garage to the front of the building provides 272 sq. ft. of storage/workshop space facing the gated yard area.

The property is located on a residential street on the outskirts of Burslem, around a mile from the A53 and 2 miles from Hanley city centre.

Accommodation - Office 1: 96 sq. ft.
Office 2: 172 sq. ft.
Office 3: 185 sq. ft.
Office 4: 126 sq. ft.
Office 5: 88 sq. ft.
Reception: 174 sq. ft.
Kitchen: 131 sq. ft.
M & F W.C.s
Total NIA: 972 sq. ft.
Garage: 272 sq. ft.

Services - Mains gas, electric, water and drainage are connected. Gas fired central heating installed throughout the office. No services have been tested by the agents.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.



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 auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers 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 Buyers 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.