94-96 The Strand, Stoke-on-Trent, ST3 2PD
Substantial office premises in Stoke on Trent
Guide price*
£175,000+
Plus fees
Sold for £165,000
Virtual tour
Lot information
Commercial Vacant
Auction details:
Wednesday 19th May 2021 @ 08:30AM
A Substantial, Attractive, Town Centre/Office Premises extending to approximately 2,891 sq.ft. (268 sq.m.) with upper floors considered suitable for conversion to residential uses subject obtaining the appropriate planning permission
Property Description
The property comprises an attractive and substantial three storey retail premises having (A2) consent together with first and second floor accommodation that is considered suitable for conversion to residential uses, either flats or (HMO), subject to obtaining any necessary planning consents. The property is believed to have been constructed in the early 1900's having brick elevations with attractive sandstone detailing. The property benefits from an extensive frontage to The Strand and an open-plan sales area on the ground floor extending to approximately 1,098 sq.ft. (102 sq.m.) which could be used for professional offices or retail uses. The first and second floor accommodation is arranged as a number of individual rooms accessed via two internal staircases which are considered suitable for conversion to residential uses subject to planning.Location
The property occupies a prominent position, fronting The Strand near to a Lidl supermarket and immediately opposite the entrance to the Longton Exchange public car park. The property benefits from good access to the local road network being within close proximity to the A50 dual carriageway and forms part of an established parade of mixed use commercial buildings, some of which already have residential accommodation over.Energy Performance Rating
DTenure
Freehold – Vacant possession upon completion.Planning
Planning Permission was granted on the 5th February 2020 by Stoke on Trent City Council under Application No. 64625/FUL for change of use to a bed and breakfast (Use Class C1) with ancillary ground floor restaurant.The property is also considered suitable for a wide variety of alternative uses subject to appropriate planning permission.
Value Added Tax
We understand that VAT is not chargeable on this transaction.Auctioneer's Note
Please note offers may be considered prior to the Auction Sale.Remote Bidding Auction
This property is being offered via a remote bidding auction with bidding by proxy, telephone or internet only. You will need to pre-register for remote bidding, provide your identification and debit card details no later than 24 hours prior to the auction, please visit our website for further details.Viewings
Strictly by appointment with the Auctioneers. Please ensure that you have viewed the 360 degree video and/or photographs of the property before arranging a viewing appointment. If you then decide you would like to view the property in person, please call our office on 0121 312 1212 and you will be allocated a 5 minute appointment slot.Accommodation
| Sq.m. | Sq.Ft. | |
|---|---|---|
| Ground Floor Entrance: | 6.59 sq.m. | 71 sq.ft. |
| Sales/Office Area: | 102 sq.m. | 1,098 sq.ft. |
| First Floor: | 74.87 sq.m. | 807 sq.ft. |
| Second Floor: | 85.09 sq.m. | 916 sq.ft. |
| Total NIA (approx.): | 268.55 sq.m. | 2,891 sq.ft. |
DISCLAIMER
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
LIVE-STREAMED AUCTION
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction. Please click here for further details.
*DEFINITION OF GUIDE & RESERVE PRICE
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
COSTS AT AUCTION
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £1,920 inc VAT (£1,600.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction. Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
