Commercial Property
Petersgate House fronts directly onto St Petersgate, close to its junction with Wellington road south(A6). The property is well placed within an established commercial area in Stockport town centre, opposite Stockport Library and within close proximity of Merseyway Shopping Centre, the new Transport Interchange, the bus depot and the mainline railway station. Stockport offers excellent communication links with direct access to Manchester/London Intercity rail service, the national motorway network and Manchester International Airport.
The property itself is a six storey office building with secure car park. Internally the property offers a bright reception with lift operating throughout the building. The upper floors offer office accommodation which can be taken as open plan or partitioned. The building is fully double glazed and has gas central heating with some offices also benefitting from air conditioning. The property is very secure, with a fob entry system in use.
There are 2 x tenant occupiers. A rooftop telecoms occupier and a part 2nd floor office occupier full details of whom will be contained within the Landlord’s legal pack.
The lot will be sold as a going concern if the new lease to Blue Panda Finance has been completed by the Completion Date. If the lease has not completed, the sale will be subject to VAT.
Reception with stairs and lifts
Providing open plan and private office accommodation.
Providing general and private office accommodation.
Providing general and private office accommodation.
Providing general and private office accommodation.
Providing open plan and private accommodation.
34 numbered spaces.
VAT is payable on the purchase price. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Freehold.
Auction Details
The sale of this property will take place on the stated date by way of Timed Auction and is being sold as Unconditional with Variable Fee (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
Auction Deposit and Fees
The following deposits and non- refundable auctioneer’s fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
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.