For sale by Unconditional Online Auction.

Substantial mixed-use investment property suitable for redevelopment (STP).

The property occupies a fantastic position fronting Gillbent Road and comprises a single self-contained commercial unit to the ground floor and separate split-level flat, arranged over ground and first floors. Both units are currently occupied, however the property would make an excellent future development opportunity subject to all necessary planning consents.

Cheadle Hulme is an affluent area of Stockport, hosting many fashionable boutique shops and popular public houses and eateries. Nearby retailers include M&S Simply Food as well as a large range of independent shops. Transport links include Cheadle Hulme railway station, a popular local bus network and easy access to the Wilmslow-Handforth bypass (A555).

Planning enquiries should be made directly with Stockport Council Planning department: 0161 474 3050 / planning.dc@stockport.gov.uk.

Ground Floor Commercial Unit: Let producing: £10,600 per annum (paid quarterly) plus £480pcm for utilities.
Retail Space
Office
WC
Residential Accommodation (Self Contained): Let producing: £971pcm plus £350pcm for utilities.
Ground Floor Lounge, Kitchen Diner.
First Floor Three bedrooms, bathroom with separate WC.
Note Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Flood Risk Rivers and Seas No Risk. Surface Water Medium.
Mobile Phone Coverage O2, EE, Three and Vodafone are available in this location.
Broadband (estimated speeds) Standard 16 mbps.
Satellite and Cable TV Availability BT and Sky are available.
Draft Sales Details These sales details are awaiting vendor approval.

Tenure: Freehold

EPC Rating: D and Awaited

Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT). 

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.