Property photos
Auction
Freehold
Guide price
£325,000
(£774/sq. ft)
4 bed block of flats for sale
Percy Street, Hanley ST14 beds
4 baths
3 receptions
420 sq. ft
EPC rating: D
Key Information
Local area information
Property location
Nearby amenities
- Unity School 0.3 miles
- Hanley St Luke's CofE Aided Primary School 0.4 miles
- Stoke-on-Trent 1.2 miles
- Longport 2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Stoke-On-Trent to find out more about the local area.
Features and description
- Freehold
- Total income - £30,050 per annum
- Apartments converted to an extremely high standard
- Ground floor let to Ladbroke Betting & Gaming Ltd until September 2025
- Freehold betting shop with 3 refurbished apartments above
Guide Price £325,000 * Plus 4% Buyers Premium + VAT (subject to a minimum of £5,000+VAT)
Online auction date - 29/04/2024
Guide Price £325,000 * Plus 4% Buyers Premium + VAT (subject to a minimum of £5,000+VAT)
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
Unconditional lot
Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 10% deposit and a 4%+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.
Percy Street is centrally located within the centre of the Hanley district of Stoke On Trent, close to the very popular Cultural Quarter where a wide range of retail, leisure and office orientated businesses are located. The recently establish Smithfield development () is also close at hand, where over 210,000 sq. Ft of Grade A office space has already been built and occupied with another 214,000 sq. Ft. In the pipeline. The Hilton Garden Inn hotel and an 11 storey 151 unit apartment block have also been constructed and a 730 space multi storey car park is currently under construction. Festival Park is within a 15-minute walk where a significant number of office businesses are located together with leisure outlets such as Water world, the Odeon Cinema and Stoke Ski Centre.
Description
The property comprises a mid-terraced property with a ground floor (and basement) retail unit, currently trading as a betting shop, with three superbly presented self-contained apartments above. The ground floor retail unit consists of a retail sales area of approximately 715 sq. Ft. And further 807 sq. Ft. Of basement storage. There are toilet facilities to both ground and basement levels. The first and second floors were converted by the vendor in 2017 to now offer a 2 bedroom duplex flat, and two, one bedroom flats of the highest quality. The property is currently let, and will produce a total income of £30,050 per annum.
Tenancies
Ground floor – Let to Ladbroke Betting & Gaming Ltd for a term of 5 years, expiring 28/9/2025. The passing rent is £13,250 per annum.
Flat 1 (2 bed duplex) – let at £500 pcm currently vacant with a tenant due to go in
Flat 2 (1 bed) – let at £450 pcm
Flat 3 (1 bed) – let at £450 pcm
Total Rent - £30,050 per annum
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Online auction date - 29/04/2024
Guide Price £325,000 * Plus 4% Buyers Premium + VAT (subject to a minimum of £5,000+VAT)
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
Unconditional lot
Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 10% deposit and a 4%+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.
Percy Street is centrally located within the centre of the Hanley district of Stoke On Trent, close to the very popular Cultural Quarter where a wide range of retail, leisure and office orientated businesses are located. The recently establish Smithfield development () is also close at hand, where over 210,000 sq. Ft of Grade A office space has already been built and occupied with another 214,000 sq. Ft. In the pipeline. The Hilton Garden Inn hotel and an 11 storey 151 unit apartment block have also been constructed and a 730 space multi storey car park is currently under construction. Festival Park is within a 15-minute walk where a significant number of office businesses are located together with leisure outlets such as Water world, the Odeon Cinema and Stoke Ski Centre.
Description
The property comprises a mid-terraced property with a ground floor (and basement) retail unit, currently trading as a betting shop, with three superbly presented self-contained apartments above. The ground floor retail unit consists of a retail sales area of approximately 715 sq. Ft. And further 807 sq. Ft. Of basement storage. There are toilet facilities to both ground and basement levels. The first and second floors were converted by the vendor in 2017 to now offer a 2 bedroom duplex flat, and two, one bedroom flats of the highest quality. The property is currently let, and will produce a total income of £30,050 per annum.
Tenancies
Ground floor – Let to Ladbroke Betting & Gaming Ltd for a term of 5 years, expiring 28/9/2025. The passing rent is £13,250 per annum.
Flat 1 (2 bed duplex) – let at £500 pcm currently vacant with a tenant due to go in
Flat 2 (1 bed) – let at £450 pcm
Flat 3 (1 bed) – let at £450 pcm
Total Rent - £30,050 per annum
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Floor plans and tours
Floor plans (1)
Tours
No virtual tour available
More information
Listed by
Critchlow Estate Agents
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Critchlow Estate Agents. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Critchlow Estate Agents for full details and further information.