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Description

For Sale by public auction on 3rd June 2019. Live online bidding available.

A double fronted two storey retail premises just off tower square, which has been a furniture shop for the last 40 years. The property comprises ground floor split level retail areas with storage to the rear. The first floor provides numerous rooms previously used as showrooms.

3185 sqft Min Size

3185 sqft Max Size

Double fronted two storey retail premises.

Historically 2 separate shops

Loading Bay to the side

Property currently benefits from 100% small business relief (subject to conditions)

Retail

Full Description

Buyers Administration Fee

A buyers administration fee of £840 including 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 www.buttersjohnbee.com. 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

Addendum

Check the latest addendum at buttersjohnbee.com 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.

Location

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Property Reference:

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Wesley Street, Stoke-on-Trent, Staffordshire

Listed Features

  • Broadband (ADSL)
  • General Retail
  • Multiple floors
  • Lounge Area
  • Office
  • Storage
  • Loading Bay
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Property Marketed By
Butters John Bee