Auction:
Monday 14th April, 6:30pm
0.03 ac
3778 sq ft
Auction:
Monday 14th April, 6:30pm
0.03 ac
3778 sq ft
Freehold with vacant possession upon completion.
This property is sold subject to our Common Auction Conditions (a copy is available on request).
A buyers administration fee of £1,800 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.
Former Public House with first & second floor living accommodation
Full Planning consent for conversion / extension to Restaurant/Cafe with 5 no. self contained flats
For Sale By Auction at 6.30 pm on Monday 14th April 2025
at the Double Tree By Hilton Hotel, Festival Park, Stoke-on-Trent, ST1 5BQ
Contact the Auction Team to Register: 01782 211180 or auction@bjbmail.com
Description:
Former Public House with first & second floor accommodation located in Stafford town centre. The property is approximately 373 sq.m (4014 sq.ft) and has full planning consent to extend and convert the existing premises to provide a Restaurant/Cafe space with 5 no. self contained flats.
Location:
The property is well positioned on Stafford high street, with Wetherspoons, Waterstones, WHSmith, Boots & a host of additional blue chip retailers all located within walking distance of the property. Stafford is accessible by both Junction 13 & 14 of the M6 motorway, providing connectivity north to Stoke-on-Trent & Manchester, and south to Birmingham. For travel via train, Stafford Railway station lies on the junction of the Trent Valley line, the Birmingham Loop/Rugby–Birmingham–Stafford line, and the West Coast Main Line.
Planning & Supporting Information.:
The property benefits from full planning consent for 'Proposed partial demolition of existing single-storey rear outrigger. 3 storey side extension and 2 storey rear extension, change of use from Public House to Restaurant/Cafe with 5no. self contained flats over' dated 11 August 2023 (Ref; 22/36167/FUL). A full info pack is available on request which includes the following:
- Decision Notice
- Plans & Elevations
- BJB Comparable Evidence
- Photos
- Supplementary Reports & Surveys
NB: Whilst BJB will try and supply as much information as we can about the planning status of the land / property, please be mindful that we are not planning consultants and accordingly it is important that prospective purchasers ensure they have inspected the land / property and rely upon their own enquiries, assessments and due diligence with regards to the planning status and current or potential uses. All information is supplied in good faith and BJB cannot be held liable for any errors or omissions.
Accommodation, GDV & Rental:
Existing Premises: 373 sq.m (4014 sq.ft)
The proposed scheme comprises the following:
Ground Floor:
- Restaurant / Café - including Kitchen & Toilets
First Floor:
- Apartment 1 - 2 Bedroom - Est £950 pcm / £120,000
- Apartment 2 - 2 Bedroom - Est £950 pcm / £120,000
Second Floor:
- Apartment 3 - 2 Bedroom - Est £950 pcm / £120,000
- Apartment 4 - 2 Bedroom - Est £950 pcm / £120,000
Third Floor (Roof):
- Apartment 5 - 1 Bedroom (Studio) - Est £700 pcm / £80,000
Any sizes / values quoted by BJB are correct to the best of our knowledge, however we would recommended all interest parties carry out their own checks before relying on any information provided.
VAT.:
All prices quoted by Butters John Bee are exclusive of VAT unless otherwise stated. Our Client has advised that the property has been elected for VAT which will be payable on the purchase price. However, all interested parties should make their own enquiries to satisfy themselves with the VAT position.
Pre-Auction Offers.:
Any pre-Auction offers should be submitted via e-mail to residential-land@bjbmail.com. All offers will be forwarded to the client for consideration, but please be aware that the majority of clients prefer to let the marketing run for a period, prior to giving serious consideration to accepting any pre-Auction offer.
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 and Proxy Bidding:
We are pleased to announce that we are now back in the Auction room at the Double Tree Hilton Hotel (Moat House). However, we also have the other bidding options available: On-Line / Telephone / By-Proxy. You will need to register in advance and provide two forms of ID. Register at www.buttersjohnbee.com/auction or contact the Auction Team on 0800 090 2200 or auction@bjbmail.com.
Deposit:
Please note that a deposit of 10% of the purchase price (Min £3,000) will be due on Exchange of Contracts, whether the land / property is sold prior to Auction, in the Auction room or after the Auction.
Looking for Land & Development Opportunities?:
Please note that not all land & development opportunities will appear on our website. To ensure that you do not miss out on these opportunities please e-mail: residential-land@bjbmail.com or call the Land & New Homes team to discuss your requirements.
Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering purchasing your property in order to rent, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
Butters John Bee Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.