This property is no longer on the market
Commercial development
Property description & features
- Tenure: Freehold
For sale by unconditional online auction.
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
SPACIOUS OFFICE PREMISES WITH PREVIOUS PLANNING FOR CONVERSION TO RESIDENTIAL APARTMENTS IN PRIME LOCATION. NEW OUTLINE PLANNING APPLICATION DECISION PENDING
We are delighted to offer to the market by online public auction Units 2-3 Paxton Street, Hanley, Stoke-on-Trent.
The site is currently offered as a vacant two storey office building, which has been refurbished to a good modern standard offering versatile and spacious office units (potential rental income of £3200 pcm). The building can be separated into four separate units with kitchen and W.Cs.
The building is located close to Hanley Town Centre in Stoke-on-Trent and is within easy reach of the principal road networks serving the city.
The property has lapsed planning for demolition and reinstatement to 14 residential apartments (Application Number 60223/OUT). Planning was granted for the development in November 2016, but has now lapsed. However, the vendor has applied for outline planning permission for 23 one-bedroom apartments and one two-bedroom pent house apartment. (Reference 71189/OUT). A decision from the local planning authority is awaited.
The property has been attractively priced to attract interest from prospective investors and developers.
Viewings of the building are available by prior appointment with the auctioneer - Town & Country Property Auctions -[use Contact Agent Button].
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. 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.
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Property reference 262671. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Town & Country Property Auctions - Cheshire, Staffordshire and Shropshire.
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Broadband availability and predicted speed
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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