Lot 25 42 - 44 Mill Street, Macclesfield, SK11 6LT

Bidding Closed

SOLD FOR

£368,000

Property Enquiries

Simon Bailey

simon.bailey@bidx1.com
07732681156

Viewing Registration / Enquiries

BidX1 Support Team

info@uk.bidx1.com
+44 (0) 20 7703 4401

Vendor Solicitor

Rukhsar Aziz

rukhsar.aziz@haroldbenjamin.com
020 8872 3041
Description
Map
Viewings

Property Summary
  • Freehold town centre retail premises
  • Prime pedestrianised position
  • Approximately 771.70 sq m (8,304 sq ft)
  • Alternative use potential (subject to planning)
  • Vacant possession
Tenure

Freehold

Location

Macclesfield is an affluent market town situated about 20 miles south of Manchester and 30 miles south west of Sheffield and lying at the western edge of the Peak District National Park. It can be accessed via the A523, A536 and A537 with the latter providing access to the M6 motorway to the west. Macclesfield railway station, which is within a few minutes' walk of the property, provides regional rail services as well as direct national rail services to London Euston and Manchester Airport is about 11 miles north west.

Mill Street is one of the principal pedestrianised thoroughfares in the town centre, with the subject property lying on the east side near its junction with Queen Victoria Street. Nearby occupiers include Boots Opticians, Waterstones, Millets, Marks & Spencer, JD Sports and WH Smith.

Description

A mid terraced building of traditional construction beneath a pitched roof arranged over ground, first and second floors totalling approximately 771.70 sq m (8,304 sq ft). The building is currently arranged as a ground floor retail unit with ancillary accommodation over first and second floors. There is a goods lift within the building, although this has not been tested and no warranties are given with regards to its condition. The upper floors may offer potential for alternative uses, subject to obtaining the necessary consents.

Planning

Cheshire East Council (0300 1235014) www.cheshireeast.gov.uk

VAT
Please refer to Legal Documents
Property Table
FloorAccommodationTenancyRent PA
TOTAL771.70 sq m (8,304 sq ft)  
Ground
First
Second
Retail - 234.00 sq m (2,518 sq ft)
Ancillary - 261.70 sq m (2,816 sq ft)
Ancillary - 276.00 sq m (2,970 sq ft)
Vacant0

The auctioneers have not measured the property. All floor areas have been obtained from the VOA website.

EPC

Rating 82 Band D


*Terms and Conditions

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted subject to contract. Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
  4. The guide price for the Lot does not include the administration fee of £1,000 (inclusive of VAT) charged by BidX1. In the case of a joint agent this administration fee will be £2,000 (exclusive of VAT). In addition, the guide price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.
  5. To participate in the sale BidX1 must hold a minimum amount from all bidders. This participation amount is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,500 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee of £1,000 inc. VAT payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller.


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