Mixed Use
A triple fronted two storey mid terraced building located within a residential area comprising a former 60 cover restaurant to the ground floor and a spacious three-bedroom apartment to the first floor. The ground floor is configured with a main dining area and a fully fitted kitchen to the rear along with food prep areas and male and female toilets. The first floor comprises a spacious three-bedroom apartment.
We feel there is scope to convert to a fully residential scheme of 4 apartments subject to obtaining appropriate planning consent.
Total NIAL 2,123sq ft
Total: 1,242sq ft
828sq ft
332sq ft
82ft ft
Total: 991sq ft
323sq ft
88sq ft
62sq ft
138sq ft
141 sq ft
129 sq ft
The property is prominently located on Victoria Road in a predominantly residential area within walking distance of Hanley city centre. There is ample on street parking within the vicinity
We are informed that VAT is not payable
Vacant.
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.
