Postponed

Stafford Road, Huntington, Cannock WS12 4NU

Postponed

  • Commercial Property
  • Tenure: See Legal Pack

Call the team on 0121 289 3838 for more information

Auction Date

Thu 07/12/2023

Auction Time

18:00

Auction Venue

Livestream Online

Mixed Use

Situated in the village Huntington on the outskirts of Cannock, this Freehold part investment property has a prominent roadside location on the A34 Stafford Road (approximately 2 miles North of Cannock Centre) and extends to some 0.27 acres. Within easy access of the A5 and M6 Toll and 2.8 miles of Junction 12 of M6. The site consists of a predominantly single storey building which was formerly a Mcolls Convenience Store together with a self contained retail unit currently occupied by The Littleton Fryer fish and chip shop, all set back behind a substantial forecourt with off street parking, whilst to the rear is a two storey residential flat and cold storage area. The site also offers potential for redevelopment with a multitude of uses subject to the necessary Planning Consent. The location on the edge of Cannock Chase on a busy thoroughfare would be ideal for a coffee shop or similar retail outlet. The former convenience store has a net internal floor area of approximately 1600 sq ft, whilst The Littleton Fryer has a net internal floor area of 335 sq ft. Leases The property is offered Freehold with Mcolls being vacant possession but the remainder being subject to the following leases:- The Littleton Fryer held on a 15 year Lease expiring 30th June 2024 with a passing rent of £8,142.46 per annum exclusive. Residential Flat on an Assured Shorthold Periodic Tenancy at a rental of £450.00 PCM (£5,460.00 per annum). Business Rates Mcolls Rateable value £14,250.00 The Littleton Fryer rateable value £3,000.00 Residential Flat Council Tax Band A Reports We understand there is Japanese Knotweed on site which is subject to a treatment plan. . EPCs Former Mcolls B. Littleton Fryer C. Residential Flat E.

Tenure

See Legal Pack

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

South Staffordshire Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - 1% plus vat

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.