For sale by public auction at The Double Tree Hilton Hotel Stoke-on-Trent, on Monday 25th July 2022 at 6.30pm, remote bidding is also available via Telephone/Internet/Proxy.

A substantial six bedroom mid-townhouse currently registered as a commercial/office premises but with fantastic investment potential!

With accommodation over three floor (as well as a useful basement area), this spacious property requires modernisation throughout but would create an excellent HMO investment (Subject to planning and change of use).

An entrance hallway leads to two reception rooms and a kitchen to the ground floor, whilst on the first floor are three bedrooms and a bathroom. To the second floor are three further bedrooms and a utility room. The basement comprises several rooms currently used as a storage area, but could potentially provide further accommodation.

Situated on the edge of Newcastle town centre, the property is perfectly placed for the Royal Stoke University Hospital and the wealth of amenities locally, with travel links including the A34, A500 and M6 within close proximity. Keele University and Newcastle bus station are also nearby.

NB: We are aware that there has previously been Japanese Knotweed to a neighbouring property, details of which will be provided in the Legal Pack.

Common Auction Conditions
This property is sold subject to our Common Auction Conditions (a copy is available on request)

Buyers Administration Fee
A buyer’s administration fee of £960 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

Viewings
To view this lot, please contact the selling office

Bidding
This is an online only sale, pre-registration is required with our auction department on 0800 090 2200 or email auction@bjbmail.com. Further details are available in the catalogue

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
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

Proof of Identity
To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction

Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, 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.