Residential Development
DRAFT DETAILS
Former public house with planning permission for seven flats.
Situated on the corner of St. Stephen Street, off Shaw Road, this former public house is offered for auction with full planning permission for the change of use to 7 no. flats, including part demolition of the existing ground floor toilets and a new first floor side extension.
Positioned on the fringe of the town centre, the site has access to a full selection of convenient amenities including supermarkets; Asda and Tesco amongst many popular independent outlets. Both Beever Primary School and Holy Cross Primary are within walking distance and the immediate area is serviced by way of a local bus network. Royal Oldham Hospital is less than two miles from the site and road links include A62.
Planning permission was granted on 14th April 2022 by Oldham Council under reference FUL/347531/21. Any enquiries should be directed to the Local Authority.
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.
Freehold. Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event 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.
