Commercial Property
The property comprises a three storey former bank premises, situated in a prominent position on High Street, Tunstall. The property benefits from a rear yard giving way to a separate staircase for access to the ground and first floors.
The property comprises of former banking hall, office accommodation, storage, male and female WCs. The first and second floors provide former office and storage accommodation, with the third floor configured for office use. The accommodation is deemed suitable for residential conversion, subject to obtaining the necessary planning consents. There is a basement providing storage accommodation.
The property is situated in Tunstall, Stoke on Trent, one of six towns that federated to form the City of Stoke. Tunstall lies approximately 35 miles to the south of Manchester and 22 miles north of Stafford. The M6 motorway lies approximately 6 miles to the west.
We understand the property is Freehold and vacant possession will be given upon completion.
Basement: 260 sq.ft. (24 sq.m.)
Ground Floor: 1,172 sq.ft. (108 sq.m)
First Floor: 1,353 sq.ft. (125 sq.m.)
Second Floor: 919 sq.ft. (85 sq.m.)
Third Floor: 438 sq.ft. (40 sq.m.)
Total NIA: 4,143 sq.ft. (384 sq.m.)
All interested parties must seek their own verification of floor areas and dimensions and satisfy themselves that they are suitable for any proposed future use.
We understand that VAT will not be chargeable on this transaction, however all interested parties are advised to refer to the legal pack for their own verification.
See viewing schedule.
GVA
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 Fixed Fee.
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 fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
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
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.
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