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15 Gillbent Road, Cheadle Hulme, Cheadle SK8 7LE

Lot no: 222 Sold Prior to Auction
 

Guide Price £215,000+ plus fees

UnconditionalOn 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 30th January 2025

9.00am
Key Features
  • Council Tax Band: B
  • Substantial mixed-use investment
  • Suitable for redevelopment (STP).
  • Fully let
  • Occupies a fantastic position fronting Gillbent Road
  • EPC Rating: C and D
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Sold Prior to Auction

Mixed Use

Property Description:

Substantial mixed-use investment property suitable for redevelopment (STP).

The property occupies a fantastic position fronting Gillbent Road and comprises a single self-contained commercial unit to the ground floor and separate split-level flat, arranged over ground and first floors. Both units are currently occupied, however the property would make an excellent future development opportunity subject to all necessary planning consents.

Cheadle Hulme is an affluent area of Stockport, hosting many fashionable boutique shops and popular public houses and eateries. Nearby retailers include M&S Simply Food as well as a large range of independent shops. Transport links include Cheadle Hulme railway station, a popular local bus network and easy access to the Wilmslow-Handforth bypass (A555).

Planning enquiries should be made directly with Stockport Council Planning department: 0161 474 3050 / planning.dc@stockport.gov.uk.

Sales Area One 14ft 3 x 7ft (4.34m x 2.13m)
Sales Area Two 15ft x 10ft 3 (4.57m x 3.12m)
Front Office 14ft x 11ft (4.27m x 3.35m)
Store Room 12ft x 3ft (3.66m x 0.91m) – (The internal layout has been changed to benefit The Beauty Lounge and their different beauty treatments required for the business)

PLEASE NOTE: We have been informed by the seller that the property has suffered from subsidence.

Water Rates to 3/25 £2019.45.
Council tax for 24/25 £1825.16
Non-Domestic tax after Small Business relief £0.00
E-ON payments (electricity) 23rd July £1252.62/7th February £1940.83

Ground Floor Commercial Unit:

Let producing: £10,600 per annum (paid quarterly) plus £480 pcm for utilities.

Retail Space
Office
WC
Residential Accommodation (Self Contained):

Let producing: £971 pcm plus £367 pcm for utilities.

Ground Floor

Lounge, Kitchen Diner.

First Floor

Three bedrooms, bathroom with separate WC.

Note

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.

Flood Risk

Rivers and Seas No Risk. Surface Water Medium.

Mobile Phone Coverage

O2, EE, Three and Vodafone are available in this location.

Broadband (estimated speeds)

Standard 16 mbps.

Satellite and Cable TV Availability

BT and Sky are available.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Subject to tenancy.


Utilities Information
  • Heating Supply: Central
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

Garage, Driveway



Auction Details

The sale of this property will take place on the stated date by way of Timed Auction 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.