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Residential Development Site
Full planning for 7 apartments
For Sale By Auction at 6. 30 pm on Monday 20 November 2023
at the Double Tree By Hilton Hotel, Festival Park, Stoke - on - Trent, ST1 5BQ
Contact the Auction Team to Register: Or
**Description**
Residential development site with full planning consent for 7 apartments. A
revised scheme has been drawn up by the clients architect for 21 x 1 bedroom
apartments.
**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 benefits from the full planning
consent dated 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
**Gdv / Rental Values**
The current scheme comprise;
\ - 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
**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: Or call the Land & New Homes team to discuss your requirements.

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