Guide price*: £100,000
56-58 High Street, Biddulph, Staffordshire, ST8 6AR
Two linked Ground Floor commercial and High street office premices off High Street , Biddulph .
The two retail units are currently open as one layout but could be partioned into two seperate units – 56 and 58 ( Seperate front and rear doors)
The property is to be sold at auction , however pre auction bids are available.
The property is to be sold on a new lease of 125 years, with Nil Service Charge and a ground rent of £250 per annum.
Currently leased to Askey & Sutcliffe, Trading as Martin and Co , who have leased the property since 2010. No reviews have taken place over previous years.
Current rent paid £8,000 Per Annum. Potential rent immeditae increase to £15,000 Per Annim
Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation.
These details are prepared as a general guide only, and should not be relied upon as a basis to enter into a legal contract, or commit expenditure. An interested party should consult their own surveyor, solicitor or other professionals before committing themselves to any expenditure or other legal commitments.
All dimensions/measurements are approximate.
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* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
