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LOT 12
72-82, High Street, Talke, Stoke on Trent, Staffordshire ST7 1PY
Sold
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EPC Rating: TBC
Council Tax Band: TBC
Tenure: Freehold
Lease Details: TBC

Retail/Residential Investment Opportunity

BUSINESS NOT AFFECTED Live stream auction on 17TH MAY 2023 7PM START. Bidding will be available by either telephone, proxy or online bidding. If you wish to bid, please register on line via the Auction House website www.auctionhouse.co.uk/staffordshire using the Register to Bid tab. This is an investment opportunity currently producing an income of £13,476 per annum. Furthermore, there is a vacant flat and garage which we would estimate could be let at £450 pcm once refurbished. The sale represents an outstanding and highly reversionary investment opportunity for a hands on purchaser to improve and add value in order to maximise the full potential income. This property sits on High Street, located 4.7 miles off the very well connected M6. The property is situated in Talke, close to neighbouring north Staffordshire town, Tunstall.

This property comprises 3 floors providing 3 self contained residential apartments, 3 commercial units (two takeaways) and 6 integral garages at lower ground floor level. The surrounding areas includes all local amities, shops and public transport.

Consisting of 3 separate commercial units with 3 individual apartments above, and 6 integral rear small garages. Additionally, there is also a private rear car park

Commercial

72 – 53.1sqm / 571sqft. 76 – 101.5sqm / 1,092sqft. 80 – 99sqm / 1,065sqft.

Residential

74 – 54sqm / 581sqft. 78 – 54sqm / 581sqft. 82 – 54sqm / 581sqft

Assessment

The VOA assesses the subject properties for business rates as follows. 72 – £5,700. 76 – £5,800. 80 – £6,400

EPC Rating

EPC assessments are as follows:

Commercial. Residential.
72 – 84 (D) 74 – 50 (E)
76 – 152 (G) (C)
80 – 89 (D) 82 – 50 (E)

Services

The premises has mains electricity, water, and drainage subject to any required reconnection. These services have not been tested by the agent therefore interested parties should make their own enquiries to relevant statutory authorities.

VAT

VAT will not be added to the sale price of the property

Administration Fee:
£1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee:
£1140 inc VAT payable on exchange of contracts.
Disbursements:
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

LOT 12
72-82, High Street, Talke, Stoke on Trent, Staffordshire ST7 1PY
Guide Price: £200,000+ plus fees
Gallery Image Gallery Image Gallery Image Gallery Image Gallery Image
Gallery Image Gallery Image Gallery Image Gallery Image Gallery Image
AUCTION FINANCE
DOWNLOAD LEGAL PACK
VIDEO TOUR
FLOORPLAN
STAMP DUTY CALCULATOR
REGISTER TO BID
JOIN OUR MAILING LIST
EPC Rating: TBC
Council Tax Band: TBC
Tenure: Freehold

Retail/Residential Investment Opportunity

BUSINESS NOT AFFECTED Live stream auction on 17TH MAY 2023 7PM START. Bidding will be available by either telephone, proxy or online bidding. If you wish to bid, please register on line via the Auction House website www.auctionhouse.co.uk/staffordshire using the Register to Bid tab. This is an investment opportunity currently producing an income of £13,476 per annum. Furthermore, there is a vacant flat and garage which we would estimate could be let at £450 pcm once refurbished. The sale represents an outstanding and highly reversionary investment opportunity for a hands on purchaser to improve and add value in order to maximise the full potential income. This property sits on High Street, located 4.7 miles off the very well connected M6. The property is situated in Talke, close to neighbouring north Staffordshire town, Tunstall.

This property comprises 3 floors providing 3 self contained residential apartments, 3 commercial units (two takeaways) and 6 integral garages at lower ground floor level. The surrounding areas includes all local amities, shops and public transport.

Consisting of 3 separate commercial units with 3 individual apartments above, and 6 integral rear small garages. Additionally, there is also a private rear car park

Commercial

72 – 53.1sqm / 571sqft. 76 – 101.5sqm / 1,092sqft. 80 – 99sqm / 1,065sqft.

Residential

74 – 54sqm / 581sqft. 78 – 54sqm / 581sqft. 82 – 54sqm / 581sqft

Assessment

The VOA assesses the subject properties for business rates as follows. 72 – £5,700. 76 – £5,800. 80 – £6,400

EPC Rating

EPC assessments are as follows:

Commercial. Residential.
72 – 84 (D) 74 – 50 (E)
76 – 152 (G) (C)
80 – 89 (D) 82 – 50 (E)

Services

The premises has mains electricity, water, and drainage subject to any required reconnection. These services have not been tested by the agent therefore interested parties should make their own enquiries to relevant statutory authorities.

VAT

VAT will not be added to the sale price of the property

Administration Fee:
£1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee:
£1140 inc VAT payable on exchange of contracts.
Disbursements:
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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