Summary - Priscillas Rental, 5 Queen Street ST6 3EL
1 bed 1 bath Land
Income-producing Victorian pub and let HMO in Burslem town centre, sold at auction..
Freehold pub with fully let 6-bed HMO above, approx 346 sqm (3,724 sq ft)
A substantial freehold town-centre property comprising an operational public house with a fully let six-bedroom HMO above, offered for sale by auction. The building extends to approximately 346 sqm (3,724 sq ft) and sits on a small but useable plot in Burslem's St John’s Square, with good transport links via the nearby A500 and Longport railway station.
Estimated gross income is around £74,600 per year, with the current pub manager reportedly willing to pay £650 per week. The property has an EPC rating of C (valid to December 2030) and a current Rateable Value of £12,900. It presents as a hands-on investment with immediate rental income and potential to review HMO yields or explore alternative uses subject to planning.
Material considerations: the lot is being sold at auction with a buyers’ administration fee of £1,800 (inc VAT) and a 10% deposit on exchange (minimum £3,000). The site lies in a very deprived area and on a small plot; purchasers should allow for tenant transfers, business-rate liabilities, VAT queries, and full due diligence on condition and compliance of the licensed premises and HMO accommodation.
This opportunity suits an investor or operator looking for an income-producing, period commercial building with redevelopment or operational upside. Buyers should review the commissioned Business Appraisal & Valuation report and the legal pack prior to bidding, and factor in likely refurbishment, management and compliance costs.
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