Shop Farm Cottages, Market Street, Penkridge Guide Price £195,000 , Farm Cottages, Market Street, Penkridge, Stafford, ST19 5DH

A terrace of four, two-storey properties originally built as farm workers cottages which have been combined and converted many years ago to comprise ground floor offices, two-storey retail unit and two first floor flats. In more recent years, one maisonette has been combined with the two-storey retail unit, but could easily be reinstated which may potentially increase the income stream considerably.

The property is located within the busy retail area of the extremely popular village of Penkridge, which has grown considerably within recent years. Penkridge provides a good range of retail, educational and leisure facilities and is extremely convenient for both Stafford and Wolverhampton via the A449 together with the M6 motorway. Penkridge has a railway station which is located on the main West Coast rail line.

Thursday 1st, 8th and 15th October, Monday 19th October, Saturdays 3rd, 10th and 17th October at 11:00am. NB The part of the property occupied by Trafalgar Estates will not be available for viewing on the 3rd, 10th or 17th.

1 Farm Cottages & First Floor Ancillary Accommodation (Previously Flat One): Vacant 3 Farm Cottages - Ground Floor: Occupied by Trafalgar Properties, and let to the proprietor of Trafalgar Properties by way of a tenancy agreement dated 30th September 2004 at a current Rent of £6,240 pa. Flat Two: Vacant

Number 1 Farm Cottages (previously Hairpin Salon): Ground Floor Retail unit with Room One: 3.6m max x 3.3m, Room Two: 2.3m x 3.7m. First Floor: Room One: 3.06m x 3.7m, Room Two: 2.5m x 1.6m with access to

Ancillary Accommodation - extending over 3 Farm Cottages (Formerly Flat One) Kitchen: 2.4m x 2.5m, Bathroom: 1.7m x 1.6m, Room One: 3.5m x 3.7m, Room Two: 3.5m x 3.6m with Independent staircase accessed from the rear.

Number 3 Farm Cottages (Triple Ground Floor Unit): Ground Floor Office One: 3.51m max x 5.9m, Office Two: 7.1m x 3.3m max, Kitchen One: 1.5m x 1.0m with WC off, Kitchen Two: 2.42m x 2.46m, Store Room: 3.4m x 2.5m.

First Floor: Flat Two (accessed via lobby and staircase at rear of the building): Landing with Kitchen Area 1.7m x 1.6m, Bathroom 1.69m x 1.71m, Living Area/Combined Kitchen 2.5m x 3.6m, Bedroom 3.5m x 3.6m.

Shared side access, large enclosed rear garden and four brick built outbuildings assumed to comprise WC’s and coal stores (not inspected)

Generally speaking Guide Prices 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. 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 and in any event will not exceed the highest quoted guide price range or single figure.

The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. It is usual, but not always the case that a provisional reserve is agreed between the seller and the auctioneer at the start of marketing and the Final Reserve Price will be agreed between the auctioneer and the seller prior to the auction sale. Whilst the reserve price is confidential it will usually be set within the quoted guide range and in any event will not exceed the highest quoted guide price.

Additional Fees / Costs / Charges MAY be payable by the buyer in addition to the purchase price. These MAY include sellers search costs/disbursements, reimbursement of sellers solicitors & auctioneers costs, outstanding service charge, ground rent payments, rent arrears / apportionment of rent, Value Added Tax (VAT), Stamp Duty, etc. and all prospective purchasers are advised to inspect the Legal Documents including the Sale Contract / Special Conditions and seek their own independent legal advice as to the full cost of purchasing a specific property.

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