Lot 2 - 11-12 Piccadilly Arcade, Stoke-on-Trent, Staffordshire, ST1 1DL

  • Unconditional Online Auction Sale
  • Guide Price* : £80,000 plus

Town Centre Double Fronted Arcade Located Office/Sales Unit Approximately 84 sq m (902 sq ft)

Description

The property comprises two units, most recently merged into one unit by the removal of an internal wall. The ground floor provides an office/sales area and there are two sets of kitchen and WC facilities at first floor so there is potential to revert back to two separate units.

Location

Located within the town centre of Hanley, Piccadilly Arcade links the pedestrianised section of Brunswick Street/Piccadilly with Trinity Street. The Potteries Shopping Centre is located a short distance away to the North via Market Square. Hanley effectively provides the city centre of Stoke -on -Trent.

Tenure

Long-leasehold.

Accommodation

The following approximate measurements have been provided by our Joint Agents:

Ground Floor Office/Sales: 496 sq ft 46 sq m

First Floor (Kitchen & WCs X 2): 406 sq ft 38 sq m

Total: 902 sq ft 84 sq m

Buyers Administration Fee

There will be a Buyer's Administration Fee of £1500 plus VAT payable upon exchange of contracts.

Additional Information

1. Interested parties should consult direct with the Local Planning Office, Stoke on Trent Council, Glebe Street, Stoke-on-Trent, ST4 1HH Tel: 01782 234234.

2. The Vendor inform us the service charge is approximately £275 per quarter
and annual insurance is approximately £298.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The auction has not yet started
Minimum Opening Bid

£70,000


Bidding Opens On
16th Jan 2019 10:30
End Date

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Office Contact

James Ashworth
0161 710 2010

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Agreement Documents

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