Commercial Property
A freehold detached former garage premises with an adjoining retail premises of traditional brick construction under a pitched, clad roof surface incorporating sky lights. The property extends 3,288 sq. ft. in total.
The property also benefits from a secure yard area to the front of the premises along with
• 2 Manual Roller Shutter Doors
• Open plan retail area
• Offices
• WCs
Accommodation:
Former Garage area 643 sq. ft.
former retail area 2,644 sq. ft.
Total 3,288 sq. ft.
The property is located on Lindsay Street in Hanley opposite the new multi-million-pound Smithfield development. The property benefits from excellent road links being located approximately 1.4 miles from the A500 dual carriageway which provides access to the local and national road network with Junction 15 of the M6 motorway being located approximately 4.4 miles distant. Stoke-on-Trent Railway Station is located approximately 1 mile distant.
Interested parties are advised to inspect the legal pack for more information.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
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 4.8% 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.
