Residential Development
An opportunity to purchase a development with outline planning in Leek, Staffordshire.
Location:
Leek is a Market Town and Civil Parish in Staffordshire, England, on the River Churnet 10 miles (16 km) north east of Stoke on Trent. Clustered around a stone-cobbled market square, Leeks well-preserved architecture and historical links with the Napoleonic Wars and the Arts and Crafts movement make it a popular destination for an interesting town walk.
Highlights include buildings associated with writer, artist and designer William Morris, who came to Leek to study dyeing and printing techniques in the 1870s, plus stained glass designed by Pre-Raphaelite artist Sir Edward Burne-Jones in the Parish Church of St Edward the Confessor.
The unspoilt town centre offers a refreshing alternative, with modern shopping malls and a wealth of independent shops, including former silk mills housing antique and reproduction pine centres, as well as traditional and contemporary furnishings.
The Site:
The site itself sits on the A423 which runs between Leek centre and Macclesfield. It is seen as one of the Primary routes in and out of Leek and has missed residential and commercial developments along the route.
Planning Details:
Outline Planning Permission has been granted in September 2024 for a mixed use development of up to eight residential units of accommodation and retail floorspace not exceeding 200 sq.m.
Planning details can be found by copying the address below into your web browser.
_https_www.staffsmoorlands.gov.uk/article/568/Search-and-track-planning-applications
The current owner believes further permission may be granted for a larger development subject to further planning enquiries.
Services:
Mains services are believed to be available in the vicinity. Prospective purchasers should make their own enquiries as to the exact location and connection costs of the services.
VAT NOTICE:
Please note that VAT is payable on this transaction.
May be suitable for alternative uses, subject to obtaining the necessary consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.
These sales details are awaiting vendor approval.
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 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.
