Shop
The property comprises a two storey former bookmakers. On the ground floor there is the retail area, stores, kitchenette and wcs. The first floor is currently only accessible via a hatch and a new staircase will be required to make it fully accessible for any proposed future use. Currently providing ancillary storage, but has the potential to form additional usable space and the building is considered suitable for a variety of alternative uses subject to obtaining any necessary planning permission.
We have not undertaken a measured survey of the premises, but understand the total floor area including the upper floor extends to approximately 825 sq.ft (76.64 sq.m). All interested parties must seek their own verification of floor areas and dimensions and that they are suitable for their proposed future use.
The property lies to the southern side of the A5272 Keelings Road, Northwood a short distance north east of Hanley town centre. Within the immediate vicinity there is a mix of retail, residential and commercial users.
These sales details are awaiting vendor approval.
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 auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers 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.
