Initial price	£2,500,000
02/07/24	£2,250,000
Price Change	-10.00%

This property, located in Stoke-on-Trent, comprises two interconnected buildings with a total gross internal area of 2,305 square meters. The property has a rich history, with various planning approvals and permissions in place for conversion to offices, workshops, and storage space. The site is situated near Luton Railway Station, with easy access to London and the M1/M25 motorways. The property features a mix of warehouse, office, and storage space, with amenities including a private courtyard, loading bay, meeting room, and kitchen. The property is freehold with vacant possession upon completion and is being sold by auction. The vendor is seeking offers in excess of £425,000, which represents a net initial yield of 8.5% and a capital value of £183 per square foot.