Landmark building in imposing town centre location
Approximately 22,223 sq ft
Separate access to each floor
Redevelopment and Change of Use potential (subject to consents)
Opposite The Potteries Shopping Centre with retailers including Primark, Costa and JD Sports
Other nearby occupiers include Boots the Chemist, Marks & Spencer and Poundland
Low Capital Value on Guide Price
Lot 51
Auction 11th July 2018
Vacant Possession
Status Sold
Price £660,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On the Instructions of The Co-operative Bank
Property Information
Location
Miles
4 miles east of Newcastle-under-Lyme, 35 miles south of Manchester, 43 miles north of Birmingham
Roads
A50, A52, A53, A500, M6
Rail
Stoke-on-Trent Railway Station
Air
Birmingham International Airport
Situation
The property is located on the eastern side of Town Road, at its junction with Glass Street, on the edge of the town’s pedestrianised pitch and opposite The Potteries Shopping Centre. The Potteries Shopping Centre has retailers including Primark, Costa, JD Sports and Vision Express. Other nearby occupiers include Boots the Chemist, Marks & Spencer, Poundland, TK Maxx and JD Wetherspoon.
Tenure
Freehold.
Location
Miles
4 miles east of Newcastle-under-Lyme, 35 miles south of Manchester, 43 miles north of Birmingham
Roads
A50, A52, A53, A500, M6
Rail
Stoke-on-Trent Railway Station
Air
Birmingham International Airport
Situation
The property is located on the eastern side of Town Road, at its junction with Glass Street, on the edge of the town’s pedestrianised pitch and opposite The Potteries Shopping Centre. The Potteries Shopping Centre has retailers including Primark, Costa, JD Sports and Vision Express. Other nearby occupiers include Boots the Chemist, Marks & Spencer, Poundland, TK Maxx and JD Wetherspoon.
Tenure
Freehold.
Description
The property comprises a former banking hall arranged on the ground and mezzanine, with a former auction sales room at basement and office accommodation on the first, second and third floors, with ancillary accommodation on the fourth floor. Each floor benefits from separate access and the building benefits from a passenger lift.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a former banking hall arranged on the ground and mezzanine, with a former auction sales room at basement and office accommodation on the first, second and third floors, with ancillary accommodation on the fourth floor. Each floor benefits from separate access and the building benefits from a passenger lift.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Possession
Ground/Mezzanine Basement First Second Third Fourth
Former Banking Hall/Ancillary Former Auction Sales Room Offices Offices Offices & Ancillary Staff Facilities & Storage
487.56 sq m 391.49 sq m 214.88 sq m 480.59 sq m 432.09 sq m 57.97 sq m
