Lot O7 - 17, 17A Church Street, Macclesfield, Cheshire, SK11 6LB

  • Unconditional Online Auction Sale
  • * Reserve not to exceed : £90,000

Addendum

Please note No. 17 is currently occupied by a charity on a temporary basis at Nil fees, subject to a two week notice period and not as stated.

Attractive Freehold Town Centre Vacant Shop and Flat

  • Grade II listed
  • Comprising a shop and a self-contained flat
  • Situated on a main thoroughfare in the town centre
  • Asset management opportunity
  • Vacant

Tenure

Freehold.

Location

Macclesfield is an attractive town lying approximately 20 miles South of Manchester and 8 miles from Junction 19 of the M6.
The property is located on the eastern side of the town centre, fronting Church Street, an attractive and historic street linking the railway station and Mill Street, the main shopping location in the town centre.
Occupiers close by include Martin & Co Estate Agents, Salt Bar, Max Spielmann and other local occupiers.

Description

This attractive Grade II listed property is arranged on basement, ground and two upper floors to provide a ground floor shop with basement ancillary accommodation. The upper floors comprise a self-contained maisonette of four rooms kitchen and bathroom.

VAT

VAT is applicable to this sale, please refer to the legal documents for further details.

Buyers Fee

Buyers Fee -The successful purchaser will be required to pay the auctioneers administration fee of £600 inclusive of VAT. Other additional costs/fees may apply please see Special Conditions of Sale


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Sold for £130,000

This auction lot is now closed.

Auction Ended

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* Reserve not to exceed:
£90,000
Gross initial yield:
No. Present Lessee Accommodation Terms of Lease Agreement Current Rent £ p.a Next Review / Reversion
17 Vacant Gross Frontage
Net Frontage
Shop and Built Depth
Basement
4.05m (13' 3")
2.35m (7' 9")
8.95m (29' 4")
17.70 sq m (190 sq ft)
-
17a Vacant Maisonette comprising four rooms, kitchen and bathroom -

  • * The Reserve Price is the minimum price at which the auctioneer is authorised to sell the lot at auction. The lot may be sold to the highest bidder at or above the Reserve Price but the auctioneer is not authorised to accept a bid below the Reserve Price.
  • The Reserve Price will only be disclosed once it has been met during bidding and not before.
  • The term "reserve not to exceed £..." means that the seller's lowest acceptable sale price will not exceed the quoted figure. The reserve price will not be set above this figure. However, it could be set at, or indeed below, the "reserve not to exceed" figure stated.
  • Reserve prices are subject to change up to the date of the auction.
  • At the commencement of marketing a starting price is to be announced. The starting price will be published 24 hours before bidding opens.
  • Lots may be withdrawn prior to auction.