Mixed use for sale

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Mixed use for sale

London Road, Stoke-on-Trent
£94,000

Our Summary

  • TO BE SOLD BY ONLINE AUCTION ON 4TH DECEMBER 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS
  • 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
  • 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

Description

This prominent mid-terrace property on London Road in Stoke-on-Trent is being sold by online auction on December 4th, 2024, unless sold prior. The property consists of two separate commercial units with potential to create a residential dwelling subject to planning permission. The upper floor is currently vacant, while the lower floor is occupied by a leaseholder who pays a peppercorn ground rent and service to the freeholder. With excellent visibility from London Road, the property benefits from a lucrative rental income and promising potential for further development. Its convenient location near the city centre, train station, and local amenities makes it an ideal choice for commuters or those who enjoy exploring the surrounding areas.
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