- London Road, Stoke-on-Trent
- PROPERTY TYPE
Mixed Use
- BATHROOMS
4
- SIZE
Ask agent
Key features
- TO BE SOLD UNDER AUCTION TERMS
- COMMERCIAL PROPERTY
- REPORTEDLY GENERATING £8400 PER ANNUM
- SELLING THE WHOLE FREEHOLD TITLE
- SCOPE TO REDEVELOP STPP
- CENTRAL LOCATION
Description
TO BE SOLD BY ONLINE AUCTION ON 22ND JANUARY 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
241-245 London Road, Stoke-On-Trent ST4 4AA
A prominent freehold mid-terrace property boasting excellent visibility from London Road – sold as one freehold offering two separate commercial units with potential to create a residential dwelling subject to planning permission. One unit currently vacant.
Conveniently located within walking distance to amenities that Stoke has to offer. Not only does it provide a lucrative rental income, but it also holds promising potential for further development. The upper floor could be converted into a one bedroom flat, subject to relevant planning permission.
Located just a short distance from Stoke-on-Trent city centre, this property benefits from excellent connectivity and accessibility. With a variety of shops, local amenities, and the bustling town centre all within easy reach, everything you need is practically on your doorstep. The nearby train station offers convenient transport links, making this an ideal choice for those who commute or enjoy exploring the surrounding areas.
The upper floor of the freehold has been sold off on a long lease. Leaseholder will pay peppercorn ground rent and service to the freeholder of 241 - 245.
Potential rental values in the area are in the region of £1,350 per month.
- London Road, Stoke-on-Trent
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stoke-on-Trent Station0.7 miles
- Longton Station2.3 miles
- Longport Station3.2 miles
About Edward Mellor Ltd, Auction
65-81 St Petersgate, Stockport SK1 1DS
Better Service
Edward Mellor is a well established company, founded in 1985 by the eponymous Edward Mellor with his first office in Reddish, Stockport. Over the years we are proud to have become Stockport and Tameside’s leading property services company. Our growth and success has been underpinned by investment in technical innovation and investment in our people and services. Our longer opening hours and accompanied viewing services from our high street offices provides a more professional service on a more friendly level.
Better Coverage
Over the years we have developed the business so that it could become a single point of contact for all of our customer needs. Our core services continue to be the buying and selling of property, but we also cover the areas of renting and property management, property auctions, surveying and Home Information Packs, financial services and overseas property.
Better Estate Agents
In 2004 we opened our landmark HQ in the centre of Stockport to house all of our centralised functions and provide a statement that the business had developed from being a local Estate Agent to arguably the biggest Estate Agent in the area. We are, however, still proud of our heritage and remain one of the best, if not the best, Estate Agents in each locality we serve.
Established in 1983, we have a wealth of knowledge and expertise to make your dream move a happy and successful one.
Over the last three decades we’ve grown and now have a highly successful multi-branch network spanning across Greater Manchester and Cheshire.
We’ve developed our diverse range of services to make sure that all aspects of your property journey are taken care of under one roof.
We have highly successful lettings, survey and financial services departments, and also run one of the largest property auctions in the North West.
Notes
Disclaimer - Property reference EM-156395. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Edward Mellor Ltd, Auction. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Edward Mellor Ltd, Auction on 0161 524 2443.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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