£80,000

Retail premises for sale

  1.  220-224 London Road.Jpg
  2. Property photo 2 of 9.
  3. Property photo 3 of 9.
Auction
Freehold

Guide price

£80,000

(£45.45/sq. ft)

Retail premises for sale

London Road, Penkhull, Stoke-On-Trent ST4

1,760 sq. ft

Local area information

Property location

Nearby amenities

  • Stoke Minster CofE Primary Academy 0.3 miles
  • The Willows Primary School 0.4 miles
  • Stoke-on-Trent 0.6 miles
  • Longton 2.3 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
  • Two storey property
  • Double ground floor retail unit
  • 5 first floor rooms
  • Rear yard
  • Business rates - £9,100
  • EPC – 66 C
A double ground and first floor retail premises with spacious yard to the rear. The property is in need of some modernisation, and would suit being split into smaller units.

Location

The property is situated on London Road (B5041) a few minutes away from Sainsburys, Lidl, and Stoke town centre. A few minutes drive gives access to the A500 providing access throughout Stoke-on-Trent and leading to J15 and J16 of the M6.

Accommodation

Ground Floor
Left hand side : 408 sq ft (37.94 sq m)
Rear store area : 23 sq ft (2.15 sq m)

Middle retail : 155 sq ft (14.36 sq m)
Office : 111 sq ft (10.34 sq m)
Kitchen : 67 sq ft (6.26 sq m)
Rear store area : 70 sq ft (6.53 sq m)

Right hand side : 181 sq ft
Office : 176 sq ft (16.39 sq m)
w.c and rear door leading to double yard

First Floor
Front right : 176 sq ft (16.39 sq m)
Rear room : 54 sq ft (4.98 sq m)
Rear room 2 : 70 sq ft (6.49 sq m)
Middle front : 175 sq ft (16.29 sq m)
Right hand side : 94 sq ft (8.69 sq m)

Total : 1,760 sq ft (163.61 sq m)

Services

All mains services are available subject to any reconnection which may be necessary.

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

The voa website advises the rateable value for 2024/25 is £9,100. The standard non-domestic business rates multiplier is 54.6p. 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.

Tenure - Freehold

Freehold with vacant possession.

Epc

Energy Performance Certificate number and rating is 66 C

Vat

VAT is to be confirmed.
Please enquire with the agent if vat is applicable or not on this premises.

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.

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 £1,500 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.

Auction Viewing

To view this lot, please contact the selling office.

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.

Guide Price

An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price

The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not 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.

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Property descriptions and related information displayed on this page are marketing materials provided by - Butters John Bee - Commercial. 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 Butters John Bee - Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Staffordshire
  4. Stoke-on-Trent
  5. Penkhull
  6. London Road