Mixed Use
A mixed use opportunity finished to a high standard located on Piccadilly, in the Cultural Quarter, an area experiencing large levels of development surrounded by bars, restaurants and popular independent retailers.
The property comprises a 725 sq. ft. retail unit with 452 sq. ft. of sales with additional back office, kitchen and storage.
The first floor comprises a large 785 sq. ft. apartment with a large lounge, fully fitted and refurbished kitchen with walnut wood and marble finishings, bathroom and master bedroom at mezzanine level over the lounge. There is also a private outside area accessed from the lounge.
The property benefits from gas central heating and UPVC windows with suspended ceiling on the ground floor and attractive timber boarded floors at first floor.
Ground Floor
Sales area 452 sq. ft.
Back office 138 sq. ft.
Kitchen 93 sq. ft.
Store 42 sq. ft.
WC
Total 725 sq. ft.
First Floor
Lounge 400 sq. ft.
Kitchen 145 sq. ft.
Bathroom 60 sq. ft.
Mezzanine 180 sq. ft.
Total 785 sq. ft.
Total NIA 1,510 sq. ft.
The property is located on the pedestrianised Piccadilly, opposite Coral and a few doors from The Regent Theatre, within a two minute walk to The Potteries Centre. Piccadilly is in the centre of Hanley with numerous public car parks close by.
VAT
The sale price is not subject to VAT.
These sales details are awaiting vendor approval.
Freehold. Vacant possession upon completion.
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
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 (subject to a minimum of £6,000 inc. VAT).
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.
