Retail premises for sale in Birches Head Road, Northwood, Stoke-On-Trent ST1

For Sale by public auction on Monday 29th April 2024 at 6.30pm. The Double Tree by Hilton Hotel, Festival Park, Stoke-on-Trent, ST1 5BQ. Live online bidding available.

A two storey mixed use property situated on the corner of Birches Head Road and Fairfax Street in the Birches Head area of Stoke-on-Trent. The ground floor was previously a hair salon whilst the flat which has independent access and services with sizeable Living room, kitchen and Bedroom on the first floor and Bathroom and hallway at the rear of the ground floor. The property would suit an investor looking to let out the property (as is) or a builder wanting to convert to two flats or a single dwelling (STPP). Potential income £11,000 pa.

Description

A two storey property of brick construction under a pitched clay tiled roof. Situated on the corner of Birches Head Road and Fairfax Street, the ground floor was previously a hair salon whilst the flat with independent access and services together with a sizeable Living room, kitchen and Bedroom on the first floor and Bathroom and hallway at the rear of the ground floor. The property would suit an investor looking to let out the property (as is) or a builder wanting to convert into two flats or a single dwelling (STPP). Potential income £11,000 pa.

Accommodation

Ground floor:
Salon
Staff Room/Kitchen

WC

Commercial Floor Area: 523 Sq ft (48.63 Sq m)

Corridor leading to:
Bathroom
Utility area

First floor

Living Room
Double Bedroom
Kitchen

Residential Floor Area: 728 Sq ft (67.65 Sq m)

Outhouse/Shed

total NIA: 1252 Sq ft (116.28 Sq m)

Services

All mains services are available subject to any reconnection which may be necessary. We have been advised that the shop and flat have separate electric meters.

Heating throughout the residential part is provided by modern oil filled electric radiators with timer and thermostat functions.

Planning

Bjb recommend that potential occupiers make their own enquiries to the local authority in order to satisfy themselves that their proposed use is authorised in planning terms.

Rating

***zero business rates applicable ***

The voa website advises the rateable value for 2023/24 is £2,075. The standard non-domestic business rates multiplier is 51.2p. The small business multiplier is 49.9p up to a rateable value of £50,999. Small Business may benefit for upto100% on premises with a rateable value of up to £12,000 and a tapered relief for rateable values between £12,000 and £15,000.

Bjb recommends interested parties make their own enquiries into the business rate payable any further business rate relief which may be available.

We have been advised that the flat is Council Tax band A.

Environmental Factors

We have been advised that this property falls within an area where coal mining has occurred in the past. Past coal mining reports indicate that former mineshafts/workings are in close proximity and or under part of the property and as such obtaining a mortgage is highly unlikely. Please refer to the legal pack for a copy of the mining report.

Tenure - Freehold

Freehold with vacant possession.

Proof Of Identity

To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction.

Common Auction Conditions

This property is sold subject to our Common Auction Conditions (a copy is available on request).

Buyers Administration Fee

A buyers administration fee of £1,000 plus VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date.

Legal Pack

Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website . Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor's solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them.

Internet, Telephone & Proxy Bidding

Interested in this lot but can't attend the auction? You can bid by internet, telephone or by proxy by pre-registering with our auction department on or email . Further details are available in the catalogue.

Addendum

Check the latest addendum at for any alterations or changes to the catalogue.

Reserve Price

The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not usually disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

** Please note this property has a declared reserve of £50,000 **

Viewing

Strictly by appointment via bjb commercial, Suite 1, Albion House, No.2 Etruria Office Village, Forge Lane, Festival Park, Stoke-on-Trent, ST1 5RQ
Telephone . Opening hours are 9.00-5.30pm, Monday to Friday.