Initial price	£400,000
27/03/25	£325,000
Price Change	-18.75%

A freehold residential development opportunity is up for public auction on March 27, 2025, starting at 8:30 AM. The property, located off Paxton Street in Stoke on Trent, currently comprises self-contained office suites but has the benefit of outline planning permission for residential redevelopment as apartments. The existing building is situated approximately 0.5 miles south of Hanley Town Centre, with easy access to nearby towns, motorway network, and main line rail services. The property is rated E for energy performance, and the tenure is understood to be freehold. City of Stoke on Trent Council has granted outline planning permission for a residential development, subject to conditions, on February 24, 2025.