36-Bed Motel & Pub in Stoke-on-Trent with 44 Parking Spaces for Sale - Potential for Studio Conversion
Stoke on Trent, Staffordshire
- Status
FOR SALE
- Date Submitted:
01/08/21
- Advert ID
280434
- Asking Price: Price on Application
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Prime Location
- Unique Business
- With Car Park
- Offers Invited
- Attractive Business
- Potential for Alternative Use
- Currently Closed
Business Details
A 36 bed motel and pub with 44+ parking spaces located in Stoke on Trent.
Converting the 36 bed motel into 36 individual studio apartments and selling them off plan at a price point of £59,995 undercutting other equivalent properties of the same size by £10,000 at current property prices (AUG 2021). Planning permission applied for to convert from C1 to C3.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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