Block of flats for sale in Queens Court, Newcastle-Under-Lyme ST5

Guide price £329,000
Interested in this property? Call +44 121 659 0651 * or Request Details

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Block of flats for sale

5 4

Property features

  • Investment Property
  • Recently Refurbished
  • View more:

Property description



For Sale by Under The Hammer online auction. Tuesday 21st - Thursday 23rd May 2024 - Head over to our website to download the legal pack, register to bid and see more information.

Overall income is £35,280PA with scope to increase

An opportunity to acquire a freehold mixed use premises with three apartments and a traditional pub.

Ground Floor:

Commercial let to Bottlecraft Ltd at £15,000pa on a 5 year full repairing and insuring lease from November 2021.The tenant is responsible for payment of any business rate liability where applicable.

Bar area: 1,458 sq ftCellar/WC x 2

Upstairs

benefits from three modern one bedroom apartments, having a separate entrance and individual metres. The building is positioned in a great location in Newcastle-under-Lyme's Iron Market.

Flat 1 is let at £550pcm from 16/02/23 on a 12 month ASTFlat 2 is let at £550pcm from 17/02/23 on a 12 month ASTFlat 3 is let at £590pcm from 24/02/23 on a 12 month AST.

Please see legal pack for all tenancies.

Flat 1, first floor

Lounge/kitchen 186 sq ftShower room 32 sq ftBedroom 173 sq ft Total: 391 sq ft

Flat 2, first floor

Lounge/kitchen 172 sq ftShower room 36 sq ftBedroom 105 sq ft Total 313 sq ft

Flat 3, second floor

Lounge 98 sq ftKitchen 54 sq ftBedroom 140 sq ftShower room 21 sq ft Total 313 sq ft

Total NIA: 2,475 sq ft


EPC - E



Council Tax - A


EPC
- D (100)



Council Tax - A

Here's what to do next
  • Visit - Our website and view the auction terms.
  • View - Book a viewing directly through our website.
  • Register - Get registered prior to the auction opening date.
  • Legal Pack - Download and view the legal pack to find out all the relevant information.
  • Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
  • Bidding - Everything is completed online through the website and the intuitive bidding controls.
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website

Property info

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Under The Hammer, B3 on +44 121 659 0651 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Under The Hammer, and do not constitute property particulars. Please contact Under The Hammer for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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