Cape Street, Stoke on Trent Land for sale

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Cape Street, Stoke on Trent Land for sale

Cape Street, Stoke on Trent
£65,000

Our Summary

  • For Sale By Auction at 6
  • 30 pm on Monday 20th January 2025at the Double Tree By Hilton Hotel, Festival Park, Stoke-on-Trent, ST1 5BQContact the Auction Team to Register:[use Contact Agent Button] or [use Contact Agent Button]
  • Commercial building previously used for Class B2 ‘General Industrial’ with full planning for Full planning for change of use and development into 4no
  • The site benefits from full planning consent for change of use and first floor extension to create 4no

Description

This commercial building in Hanley town centre, Stoke-on-Trent, is up for auction and has full planning consent to be converted into four self-contained residential units. The property has been used for general industrial purposes, but the new plans aim to preserve its industrial character while creating four apartments with private terraces. The site is located near Market Square and the Potteries Shopping centre, with easy access to public transportation. The proposed scheme includes a total estimated GDV of £455,000 and an estimated annual income of £30,000. The property is being sold on a freehold basis with vacant possession upon completion, and a full information pack is available on request.
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