Commercial Property
A period retail/office premises with ancillary office and substantial storage above, suitable for residential conversion or commercial usage, together with enclosed rear yard and outbuilding. (subject to planning)
The property briefly comprises a part-refurbished ground floor sales area with exit to rear yard and separate storage building. On the first floor are two large offices, a storeroom and WC. On the second floor are three well-proportioned rooms and storeroom.
The separate building to the rear could provide separate accommodation with some additional investment. The property offers a great deal of scope and potential to accommodate a range of commercial uses and occupies an elevation position facing the High Street and is next door to J.D Wetherspoons.
Location
The property occupies a very prominent position in the centre of Congleton opposite where the market takes place every Tuesday and Saturday. The property overlooks Bridge Street and High Street where retailers such as Greggs, Boots and Nationwide Building Society are located.
Services
Mains electric, water and drainage are connected. We are informed a gas connection is available however not currently in use. No services have been tested by the agents.
Rates
Rateable Value: £9,900 (effective 1st April 2023)
Rates Payable: £4,940.10pa (23/24)
Note: if you qualify for Small Business rates Relief you will be entitled to a 100% rate exemption.
VAT
The sale price is not subject to VAT.
Note:
The property is Grade II listed. There is a right of access to the rear yard for the adjoining public house for maintenance purposes. Interested parties are advised to inspect the legal pack for more information.
Please be advised that whilst our joint agent has conducted an inspection, 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.
These sales details are awaiting vendor approval.
Freehold. Vacant possession upon completion.
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
No Parking Available
Auction Details
The sale of this property will take place on the stated date by way of Auction Event 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.
