Office
A two storey office building with private car park to the rear catering for approximately ten vehicles plus public pay and display parking fronting the building.
We feel the property would be suitable for conversion into a residential dwelling perhaps an HMO subject to planning or let out in its current form with minimal expense required.
The building comprises offices over two floors with private parking to the rear of the property and a separate car park at the rear also. The ground floor consists of five offices and kitchen facility. The first floor consists of five offices and ladies and gents wcs. The premises also benefits from an intruder alarm and central heating.
The premise is located on the edge of Hanley town centre, offering excellent road links and Hanley bus station is only 125 metres along the road.
Accommodation - Ground floor
Office 1: 13.26 sq m (143 sq ft)
Office 2: 24.29 sq m (261 sq ft)
Office 3: 6.98 sq m (75 sq ft)
Kitchen: 5.65 sq m (61 sq ft)
Office 4: 11.31 sq m (122 sq ft)
Office 5: 11.23 sq m (121 sq ft)
First floor
Office 6: 18.21 sq m (196 sq ft)
Office 7: 6.59 sq m (71 sq ft)
Office 8: 17.79 sq m (191 sq ft)
Office 9: 10.19 sq m (110 sq ft)
Gents wc
Ladies wcs
Office 10: 21.69 sq m (233 sq ft)
Rear parking. This is located to the rear accessed via an access road off Birch Terrace giving a car park with 8 spaces along with 2 additional spaces directly behind the building.
The vendors advise that the spaces can be rented to local businesses for circa £20 - £30 per week giving a potential substantial income.
Interested parties are advised to inspect the legal pack for more information.
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 under an Unconditional sale type.
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.
