Mixed Use
The property comprises a substantial three storey part stone and part brick-built building surmounted by a pitched roof located along Moorland Road on the junction with Swan Square. The NIA of the property is 3,113 sq. ft. We feel that the property could be converted into apartments or an HMO with part commercial to the ground floor subject to obtaining appropriate planning consent.
The ground floor accommodation is configured as retail space extending 1,165 sq ft
First floor accommodation is configured as offices with dimensions:
Office 1: 233 sq. ft.
Office 2: 151 sq. ft.
Office 3: 148 sq. ft.
Office 4: 210 sq. ft.
Kitchen: 229 sq. ft.
Ladies/Gents WC:
The second-floor accommodation is split into offices with dimensions:
Office 5: 147 sq. ft
Office 6: 92 sq. ft.
Office 7: 118 sq. ft.
The residential accommodation comprises an apartment having:
Two bedrooms, living Room, kitchen, bathroom, Wc 620 sq. ft.).
The property is located in the heart of Burslem town centre close to the junction between Moorland Road (B5051) and Waterloo Road (A50) and immediately opposite an area of public open space. There are a range of retail and leisure operators within close proximity along with the former Town Hall, now occupied by Haywood Sixth Form Academy.
We understand that VAT will not be chargeable on this transaction
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.
