Property Auction House and RICS Registered Valuer

Next Auction:
11/4/2024

Current Lots

Venue:
Remote bidding only

Remote bidding
 

Lot 26

Blue Tiffin Restaurant, Uttoexeter Road, Stoke-on-trent

Photo of Blue Tiffin Restaurant, Uttoexeter Road, Stoke-on-trent
Sold Prior

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Lot 26

This roadside restaurant is arranged over the ground floor of this detached building on a site of about 0.32 Acres which includes a car park area providing spaces for 23 cars. Found mid way between Birmingham and Manchester, Stoke-on-Trent is a unique City affectionately known as The Potteries with its rich industrial heritage. The A50 runs adjacent to the M6 motorway (junction 15) close to Newcastle-under-Lyme to it's junction with the M1 (Junction 24) just outside Derby with the restaurant itself found on the north carriageway between Sandon Road (A520) and the A521 adjacent to a BP Connect service station.

TENANCY

The entireproperty is let and trading as BLUE TIFFIN RESTAURANT for a term of 20 years from 6th July 2007 at an initial rent of £30,000 per annum exclusive with 5 year rent reviews (July 2012 rent review outstanding) on Full Repairing and Insuring Terms.

TENURE

Freehold

LOCAL AUTHORITY & TAX RATING

Stoke on Trent City Council. Tel: 01782 234567
Rateable Value: £15,750

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

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