Next auction Thursday 25th April 2.30PM

Land & Buildings on the west side of Stanley Matthews Way, Trentham Lakes, Stoke on Trent, ST4 8GR



Sold
Prior
Sold
Prior
Sold
Prior
Guide price

£5,000+


Property Type

Investment


Key Features

  • A freehold parcel of land extending to 4.4 acres
  • Note: Entire site let by way of a 150 year lease from May 2006 at a rent of £1 pa
  • Long term strategic investment opportunity

Part of the 14 December 2023 auction
The Nottingham Racecourse at 2.30PM

An opportunity to acquire a freehold interest of land which is the subject of a 150 year lease from May 2006 without review, at a rent of £1 per annum

  • Situated within Trentham Lakes
  • This being an established modern Business Park
  • Situated 4 miles south of Hanley
  • Good access to A50 & A500 (1 mile north)
  • A short distance to Junctions 15/16 of M6
  • Comprising a single parcel of land (4.4 acres)
  • This is a fully developed site & large warehouse
  • Note: subject to the 150 Year lease at a rent of £1 pa
  • Title Number SF515116
  • Long terms strategic investment opportunity
  • Red line plan is for illustration purposes only, refer to Title Plan
  • The property is sold subject to whatever rights may affect it, including the rights (if any) of any person in occupation of the property

Roadside, from Stanley Matthews Way only

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold - Entire site let to Kuig Property Investments No.6 Limited by way of a 150 year lease from May 2006 without review, at a rent of £1 per annum.

Refer to Legal Pack

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