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Lithaprint Ltd, 70-72 Buxton Road, Heaviley, Stockport, Cheshire SK2 6NB

Lot no: 104 Re-entry to a future auction
 

Guide Price £250,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 28th September 2023

10.00am
Key Features
  • Prominent location
  • Suitable for change of use (subject to planning permissions)
  • Potential investment opportunity
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Re-entry to a future auction

Commercial Property

Property Description:

The property has been used as a well-known printing firm and offices for many years and is located prominently on the busy A6 on a set of traffic lights and pedestrian crossing.

It was in its past a cooperative building that was subdivided and separated many years ago leaving a double fronted unit with and office space and basements.

Potential investment opportunity, suitable for change of use, conversion, extending and possibly HMO subject to the necessary consents. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Any interested parties are advised to make their own enquiries to Stockport Council for planning and use changes.

Ground Floor:
Reception
Front retail room
Kitchen
Large retail/storage area to side and rear
WC
First Floor:
Four offices and WC
Basement:
Three main chambers
Smaller store
Outside:
Shared rear yard with gates
Tenure:

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 Fixed Fee.

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 fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers fee of £7,200 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.