Hospitality
The property comprises of a former salon, spa and bistro arranged over ground and first floor along with a cottage giving scope for substantial rental income.
The ground floor of the property is accessed via a pedestrian door off Mill Street which leads into an open plan reception area off which are two large open plan rooms, WCs, staff room, stores, commercial kitchen, and dining area. To the rear of the ground floor are a series of rooms which were used for various beauty treatments as well as a WC and more stores.
The first floor is accessed via three internal staircases located off the reception, stores and former rear spa area with the accommodation comprising of a conservatory with stores, three former treatment rooms, three changing rooms, with WC’s and shower, staff room and dining room. Off the first floor is a small internal staircase leading to an upper first floor area which comprises of a plant room and four treatment rooms. All the former treatment rooms contain sinks.
The cottage is accessed via a pedestrian entrance off the roadside car park and comprises of a kitchen and living room on the ground floor with the first floor comprising of a double bedroom with en-suite and a single bedroom with en-suite.
Externally the property benefits for car parking for 20-25 vehicles split over roadside and upper-level off-road car parking.
LOCATION
The property is situated on Mill Street, one of the main thoroughfares through Leek. The premises is located a short distance from Market Square and Derby Street which are the
main retail destinations within Leek town centre.
ACCOMMODATION
Ground Floor 3,217 sq. ft.
First Floor 2,542 sq. ft.
Total 5,759 sq. ft.
Cottage 430 sq. ft.
Interested parties are advised to inspect the legal pack for more information.
We understand VAT will be payable on the purchase price. Please seek clarification from the legal pack.
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 under an Unconditional sale type.
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 fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 3.6% of the purchase price (subject to a minimum of £6,000 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.
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