SOLD STC
0.19 Acre
Planning Reference: 15/3379C & 19/0349C
BJB Residential Land
Pre-auction offers considered
BJB Auction
Available via auction 25th March 2024
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: 0800 090 2200 or auction@bjbmail.com
Disclaimer
Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering purchasing your property in order to rent, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
Butters John Bee Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Location
More Information
Room Descriptions
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 & support 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 It is important that prospective purchasers ensure they have inspected the site and rely upon their own enquiries, assessments and due diligence with regards to its current and potential uses.
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 residential-land@bjbmail.com. 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 £800 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 www.buttersjohnbee.com. 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 buttersjohnbee.com 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 www.buttersjohnbee.com/auction or contact the Auction Team on 0800 090 2200 or auction@bjbmail.com.
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
Land & New Homes Team residential-land@bjbmail.com 01782 211147
Looking for Residential Land?
Please note that not all residential development land will appear on our website. To ensure that you do not miss out on these opportunities please e-mail: residential-land@bjbmail.com or call the Land & New Homes team to discuss your requirements.