3 BED HMO FLAT
2 UNIT COMMERCIAL PROPERTY FOR AUCTION3rd March to 4th March
Description
3 BED HMO FLAT
2 UNIT COMMERCIAL PROPERTY FOR AUCTION 3rd March to 4th March
FOR SALE VIA ONLINE AUCTION ON MONDAY 3rd March AT 1PM UNTIL TUESDAY 4th March 1PM.
Contact to arrange Viewings
Attention investors a fantastic investment opportunity. Property in Stoke Town Centre, short distance to Major road networks A500, A50 and M6. Also close proximity to Royal Stoke Hospital, Stoke on Trent Train Station, Staffordshire University, Keele University and Bet365.
Property is made up of 2 Commercial units and 3 Residential bedsit/HMO.
All tenancy information is available in the Legal pack.
Commercial Rents:
Potential Rent of £500 PCM Per Unit
Residential Bedsit/HMO All rents Include Bills
Room 1 £500 PCM
Room 2 £500 PCM
Room 3 £470 PCM
Bills are Subject to a Fair Usage Policy as per Below:
Rent includes: Council Tax, Water, Electricity, Gas and Internet / TV package. Should the Gas and/or Electricity usage exceed Electricity – 3750 Kwh - Gas – 18000 Kwh, the cost will be split between the current Tenants.
All Tenants have a deposit in place in the DPS.
Total Potential Rental: £29,640 PA
PLEASE NOTE No appliances have been tested by Auction House. Any measurements are approximate. We recommend any would be bidders conduct their own due diligence in good time prior to the auction taking place.
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Tenure: See Legal Pack
EPC Rating: C
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Buyers Premium
Administration Charge is a non-refundable £1,500 inc VAT payable on the fall of the virtual gavel.
Administration Charge
Administration Charge is a non-refundable £1,500 inc VAT payable on the fall of the virtual gavel.
Disbursements
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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- 3 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 0345 646 2350 for more information
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