Land for sale in Old Middlewich, Sandbach CW11

Residential Development Site
Planning consent granted for apartments in 2016.
For Sale By Auction at 6.30 pm on Monday 25th March 2024
at the Double Tree By Hilton Hotel, Festival Park, Stoke-on-Trent, ST1 5BQ
Contact the Auction Team to Register: Or

Description

Vacant land located in Sandbach town centre, planning consent for 13 apartments was passed in 2016, the site has potential for alternative uses subject to obtaining the appropriate planning consents.

Location

The site is situated in the historic market town centre of Sandbach, less than 100m walk from the main high street. Sandbach is an affluent town which has become increasingly desirable within recent years. The town is served by the M6 motorway, junction 17 and Sandbach Station on the Crewe to Manchester mainline.

Planning & Supporting Information

The site forms part of a larger site which for which planning was granted on 11th April 2016 for 13 apartments (Variation dated 13th June 2019) is as follows:

- 7 Apartments - New build 3 storey block at the rear of the site
- 3 Apartments - Conversion of building in the centre of the site nb - this building has since been demolished.
- 3 Apartments - Conversion of former office building at 9 Old Middlewich Road nb - this building is excluded from the sale.

Planning Reference: 15/3379C & 19/0349C - see info pack

nb: Whilst bjb will try and supply as much information as we can about the planning status of the land / property, please be mindful that we are not planning consultants and accordingly it is important that prospective purchasers ensure they have inspected the land / property and rely upon their own enquiries, assessments and due diligence with regards to the planning status and current or potential uses. All information is supplied in good faith and bjb cannot be held liable for any errors or omissions.

Gdv / Rental Values

Gdv for Scheme detailed in planning consents 15/3379C & 19/0349C;

- 4 x 2 bedroom Apartments - Est £230,000 per unit / Est £750 pcm

- 3 x 1 bedroom Apartments - Est £180,000 per unit / Est £575 pcm

Total gdv - £1,500,000
Annual Income - £56,700

Tenure

Freehold with vacant possession upon completion.

Vat

All prices quoted by Butters John Bee are exclusive of VAT unless otherwise stated.

Pre-Auction Offers

Any pre-Auction offers should be submitted via e-mail to . All offers will be forwarded to the client for consideration, but please be aware that the majority of clients prefer to let the marketing run for a period, prior to giving serious consideration to accepting any Pre-Auction offer.

Common Auction Conditions

This property is sold subject to our Common Auction Conditions (a copy is available on request).

Buyers Admin Fee

A buyers administration fee of £1000 plus VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date.

Legal Pack

Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website . Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor's solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them.

Addendum

Check the latest addendum at for any alterations or changes to the catalogue.

Internet, Telephone & Proxy Bidding

We are pleased to announce that we are now back in the Auction room at the Double Tree Hilton Hotel (Moat House). However, we also have the other bidding options available: On-Line / Telephone / By-Proxy. You will need to register in advance and provide two forms of id. Register at or contact the Auction Team on or .

Legal Costs

Please refer to the auction pack in respect of any legal fees or search fees which may be due upon exchange or completion.

Viewing

The site can be inspected from the Public Highway no appointment is necessary.

All Enquiries

Alex Djukic BSc MSc
Land & New Homes Team

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