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House For Sale £250,000
Queen Street, MARKET DRAYTON


Description
For sale by Public Auction on Monday 16th October 2023, at the Double Tree by Hilton Stoke on Trent, Etruria Hall, Festival Way, Stoke-on-Trent ST1 5BQ. Online, telephone and proxy bidding available. A substantial period semi-detached home in Market Drayton!

Clarence House occupies a prime position on Queen Street, close to Market Drayton town centre and offers considerable potential for a variety of number of uses. Currently laid out as six office suites (Suite 6 most recently used as a shop with its own access point), the property has ample potential to be converted into six town centre apartments (subject to planning permission and building regulations).

With accommodation spread over three floors and measuring approximately over 3300 square feet (not including the basement), the property offers considerable internal space. Period features such as original tiled flooring in the entrance hallway, high ceilings and grand staircases give a great sense of character and grandeur.

An entrance hallway leads to Suite 1, comprising two internal reception rooms and a separate W/C, whilst Suite 6 is accessed independently via front and rear doors and features two reception rooms and a further W/C. To the first floor are Suites 2 and 3, the first of which features two reception rooms, whilst Suite 3 benefits from two reception rooms and a separate kitchen. There are also two independent W/Cs accessed straight off the landing. On the second floor are Suites 4 and 5, both of which feature two reception rooms each and a W/C to each Suite.

If laid out as a family home / single unit, arguably this property could feature four reception rooms and up to eight bedrooms, but given the central staircase and useful layout, we anticipate an option to create six one bedroom apartments may be of more interest to developers.

Situated on Queen Street close to Market Drayton town centre, the property is ideally placed for a number of amenities, with transport links to the wider Shropshire and Staffordshire area within easy reach.

A fantastic opportunity to purchase a property full of potential! Please contact butters john bee to arrange your viewing.

Common Auction Conditions
This property is sold subject to our Common Auction Conditions (a copy is available on request)

Buyers Administration Fee
A buyer’s administration fee of £1,200 including VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date

Legal Pack
Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website . Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor’s solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them

Viewings
To view this lot, please contact the selling office

Internet, Telephone & Proxy Bidding
Interested in this lot but can’t attend the auction? You can bid by internet, telephone or by proxy by pre-registering with our auction department on[use Contact Agent Button] or [use Contact Agent Button] Further details are available in the catalogue

Addendum
Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction

Reserve
The sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction

Proof of Identity
To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction

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onthemarket.com

  
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