Property Type | Development / Land |
Tenure | For Sale |
Size | 23,638 to 28,137 sq ft |
Price | Auction £375,000 Minimum Opening Bid |
Rates Payable | Various assessments, no empty rates applicable for Listed Building |
Service Charge | n/a |
Estate Charge | n/a |
EPC Rating | This property has been set as EPC exempt. Reason: Currently being constructed or undergoing major refurbishment |
Phoenix Works is a heritage former pottery work dating back to 1881, with a featured bottle kiln and courtyard, in a site area of 0.356 acres. Full planning consent has been granted 16th September 2024 for the conversion to 25no residential dwellings and 2no retail units (Planning Ref: 70591/FUL) and Listed Building Consent (Planning Ref: 70652/LBC). The residential dwellings consist of:
- 10 x 1 bedroom
- 14 x 2 bedroom
- 1 x 3 bedroom
- 2 x retail units (Use Class E(a)) fronting King Street.
Further details are available via Stoke-on-Trent City Council Planning Portal.
Internally, the buildings are predominantly open plan with natural light on all elevations. The front three storey building has already undergone restoration including repointing, new full glazed doors, window restoration, ground floor rendered and roof restoration. The original bottle kiln forms part of the development with the upper floors forming a bespoke feature of Residential Unit 18.
TIMED AUCTION DETAILS
Minimum opening bid £375,000. Bidding opens 3rd March 2025 4th March 2pm. The property is currently VAT elected, although interested parties should take their own advice regards an option to waiver. All bids and interest should be registered via SDL Auctioneers website https://online.sdlauctions.co.uk/lot/details/140106
The property is situated on the edge of Longton town centre and within 0.1 mile are amenities including Longton Bus Station, The Strand (Longton town centre), Tesco, Matalan, Argos and Next. Major road networks are readily available:
• A50 - 0.2 miles
• A500 ‘D’ Road – 2 miles
• M6 J15 – 4.3 miles
Longton Railway Station is only 100 meters from the property and is currently part of a multi-million pound bid by Stoke-on-Trent City Council to transform Stoke-on-Trent train stations. Longton is the second busiest station within the area with a travel time of approximately 5 minutes to Stoke Station.
Contact SDL Auctioneers for viewing arrangements.
AUCTION DETAILS
The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will 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. A full definition can be found within the Buyers Terms.