Guide Price £175,000 For Sale

Biddulph, Stoke-on-Trent

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Key Features

  • INVESTMENT PROPERTY
  • PROMINANT HIGH ST LOCATION
  • TWO RETAIL UNITS (tenanted) & A FIRST FLOOR FLAT (vacant)
  • RENTAL POTENTIAL OF APPROX £23.400 PA
  • CONVENIENT LOCATION
  • FREEHOLD INVESTMENT
  • SPACIOUS PREMISES
  • EASY ACCESS TO THE A527 & CONGLETON/STOKE
  • VIEWING ESSENTIAL
INTRO Ground Floor Office premises in High
Street , Biddulph ST8 6ARKey Features:Long leasehold - 125 Years Rental income potential £15,000 Per Annuum Two Seperate Units currently laid out as one £250 Ground Rent with Nil Service ChargeTwo linked Ground Floor commercial and High street officepremices off High Street , Biddulph .The two retail units are currently open as one layout butcould be partioned into two seperate units - 56 and 58(Seperate front and rear doors) The property is to be sold at auction , however pre auctionbids are available.The property is to be sold on a new lease of 125 years, with NilService Charge and a ground rent of £250 per annum.Currently leased to Askey & Sutcliffe, Trading as Martin andCo , who have leased the property since 2010. No reviewshave taken place over previous years.Current rent paid £8,000 Per Annum. Potential rentimmediate increase to £15,000 Per AnnumThese details are prepared as a general guide only, and should notbe relied upon as a basis to enter into a legal contract, or commitexpenditure. An interested party should consult their own surveyor,solicitor or other professionals before committing themselves to anyexpenditure or other legal commitments.All dimensions/measurements are approximate.

VIEWING ARRANGEMENTS
Strictly by appointment with the selling agents Shaw's & Company Estate Agents Ltd Telephone 01782 787840 or you can email enquiries@shawsandco.co.uk

FIXTURES AND FITTINGS
NOTE The Agent has not tested any equipment, fittings or services and cannot verify that they are in working order. All items normally designated as fixtures and fittings are excluded from the sale unless otherwise stated. The Agent would also point out that the photographs are taken with a non standard lens. These particulars are set out as a guide and do not form part of a contract, neither has the agent checked the legal documents, purchasers/tenants should confirm the postcode for themselves. All room sizes are approximate at the time of inspection.

Please note, all of our client's properties are sold on a 'SOLD AS SEEN' basis - Unless otherwise stated.

MORTGAGES
If you are seeking a mortgage for a property or require independent financial advice, we can provide a free quotation, please Telephone 01782 787840.

VALUATION
Do you have a property to sell? if so Shaw's & Company Estate Agents Ltd can offer a free valuation and offer No Sale No Fee terms (subject to agency agreement) and advise on the method of sale to suit your requirements. Your property will marketed using the latest methods and internet advertising on multiple internet web sites including Rightmove.co.uk and Zoopla.co.uk. We are open daily, please call us on 01782 787840 .

LOCAL AUTHORITY
Staffordshire Moorlands District Council.

COUNCIL TAX BAND & BUSINESS RATES TBC

EPC RATING (PDF available online)
Current: Potential:
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