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31-35 Market Street, Longton, Stoke on Trent, ST3 1BJ

Lot no: 18.0 Withdrawn
 

Guide Price £125,000 plus fees


Thursday 8th July 2010

12.00am
Key Features
Large freehold retail investment/development opportunity
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Commercial

Property Description

DRAFT DETAILS ONLY

Situated close to the centre of the Longton is this substantial and imposing parade of three shops in an Edwardian building with vacant upper floors with planning consent granted for conversion to residential accommodation.  On the ground floor are two vacant shops and a third shop let to Douglas Macmillan Hospice at £8,500 per annum.  The property is in need of renovation.  Nearby occupiers include Lloyds TSB, HSBC and Dorothy Perkins.

 

 

31 MARKET STREET

 

Ground Floor – Vacant retail outlet.

 

First and Second Floors – Vacant with potential for conversion to residential accommodation.

 

 

33 MARKET STREET

 

Ground Floor – Vacant retail unit.

 

First and Second Floors – Vacant with potential for conversion to residential accommodation.

 

 

35 MARKET STREET

 

Ground Floor – Retail unit let to Douglas Macmillan Hospice at £8,500 per annum.

 

First and Second Floors – Vacant with potential for conversion  into residential accommodation.

 

 

Directions

Entering Stoke from the south along the A50, take the exit signposted Longton.  At the roundabout turn right, cross back over the A50 and at the next roundabout bear left onto The Strand.  Follow this road into Longton and then turn right onto Market Street where the property will be found on the left hand side as identified by our board.

 

Vendors Solicitors/Licensed Conveyancers

 H & U Solicitors, 79 Birmingham Road, West Bromwich B70 9PY

 

Tenure

Freehold. Vacant possession on completion.

Conditions Of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not.  Any questions relating to them must be raised prior to 11.30 am.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.

 

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Note

Prospective purchasers will need to register within the auction room before the sale commences.  Two items of identity will be required together with an indication of how a contractual deposit will be paid.  We do not take cash or credit card deposits.

 

The sale of each lot is subject to a buyers contract handling fee of £395 (inc VAT) payable on the fall of the hammer.

 

For Sale by Auction: Thursday 8th July 2010

Pride Park Stadium, Derby

Commencing at 11.30 am

www.grahampenny.com

 

 

Feature 1

Large freehold retail investment/development opportunity

Feature 2

Parade of three shops with vacant upper floors

Feature 3

Potential for first and second floor apartment scheme

Feature 4

Part let to Douglas Macmillan Hospice at £8,500 per annum

Tenure: