Commercial Property
DRAFT DETAILS
A prominent three storey former NatWest bank extending approximately 7,300 sq. ft and benefitting from parking, thought suitable for residential accommodation, located within an area of regeneration.
A substantial former NatWest Bank comprising a listed period office building retaining many of its original features arranged over basement, ground and first floor.
The ground floor accommodates the former banking hall which is predominately open plan with a series of private rooms off this area, in addition to male and female WC’s.
The first floor is arranged as a main open plan office at the front of the property with a further four smaller offices/store and a former staff room. There are additional male and female toilets on this floor as well as a kitchen facility.
The basement is substantial in size and is considered suitable for use as an archiving facility or additional storage. The property is heated by way of a gas fired central heating system (not tested) throughout the ground and first floor.
Externally there is a secure, covered loading area which has a capacity for 3 vehicles.
We feel there is scope to convert to a fully residential scheme of 6 apartments subject to obtaining appropriate planning consent.
Sq. Ft - 2,681
Sq. M. - 249.07
Sq. Ft. 1,834
Sq. M - 170.38
Sq. Ft - 308
Sq. M - 28.61
Sq. Ft. 2,482
Sq. M - 230.59
Sq. Ft. - 7,305
Sq. M - 678.66
The property is prominently located on Fountain Place in Burslem off the B5051, approximately 2.4 miles from Hanley City Centre. The property is approximately 1 mile from the A500 dual carriageway which provides access to the local and regional road network. Longport Railway Station is situated on the Crewe to Derby line and is approximately 0.8 miles distant.
We have been advised there is no vat on this property.
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 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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