Queen Street, Burslem

Description

The building comprises of a public house on the ground floor, with a 6 Bedroom HMO situated on the first and second floors.

The total GIA measures approximately 346 Sq. m

A Business Appraisal & Valuation report was carried out by Pinders dated 31 January 2024, this report is available on request.

An annual Gross Profit of £190,000 was disclosed in the Valuation report.

Location

The property is located on St John's Square in Burslem town centre. Burslem is one of the six towns that form part of the city of Stoke-on-Trent in Staffordshire. The town plays host to a range of amenities, including a full range of Pubs, Bars & Restaurants which serve the nearby Port Vale Football Club. The nearby A500 gives access to the M6 motorway. Longport railway station offers direct connections south into Stoke, east to Derby and Nottingham, and north to Crewe and Manchester.

Accommodation

The subject property comprises the following spaces:



UG Floor:

Beer Cellar. 39.5 Sq. m



Ground Floor:



Public Areas:

Bar area. 103.3 Sq. m

Back Bar. 27.9 Sq. m

Customer Toilets. 19.1 Sq. m

External areas. Pinder's report states "There is permission to have a number of tables and chairs to the pavement, with a large canopy noted."



Service Areas:

Managers Office. 15.4 Sq. m

Staff WC/ cleaners cupboard. 3.8 Sq. m



First Floor / HMO:



HMO Room 3. 12.7 Sq. m

HMO Room 4. 14 sq. m

HMO Room 5. 16.3 Sq. m

HMO Room 6. 29.2 Sq. m, Split level studio flat with small kitchenette and en suite shower.

HMO Kitchen. 12.3 Sq. m

HMO Bathroom. 9.9 Sq. m

Circulation areas. 18.2 Sq. m, including two WC's



Second Floor / HMO:



HMO Room 1. 12.5 Sq. m

HMO Room 2. 12.2 Sq. m



Any sizes / measurements 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.

Local Council

The site is located in the Council district of Stoke-On-Trent City Council.

Tenure

Freehold - subject to existing Tenancies.

VAT

All prices quoted by Butters John Bee are exclusive of VAT unless otherwise stated. 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- . 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.

Common Auction Conditions

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

Buyers Admin Fee

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.

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 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.

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.

Addendum

Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue.

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 or contact the Auction Team on or .

Legal Costs

Please refer to the auction pack in respect of any legal fees or search fees which may be due upon exchange or completion.

Viewings

Strictly By Appointment with the BJB Land & New Homes Team

All Enquiries

Alex Djukic BSc MSc

Regional Land Manager

Land & New Homes Team

residential-





Joe Boulton BSc

Assistant Land Manager

Land & New Homes Team

residential-

Disclaimer

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.