Lot 1 - 2-8 Churchgate, Stockport, Stockport, SK1 1YA
- Unconditional Online Auction Sale
- Guide Price* : £250,000 plus
- Historic planning for 24 residential apartments
- Located in Stockport Town Centre, adjacent to the iconic Stockport Market with excellent transport links and amenities
- Apartments to comprise 20 two-bedroom units and 4 three-bedroom duplex units
- Site area approximately 0.07 ha (0.16 acres).
ON BEHALF OF THE FIXED CHARGE RECEIVERS: Town Centre Residential Development Opportunity With Historic Planning for 24 Apartments
Description
The property comprises a development site, which is generally regular in shape and fronts Churchgate. The site slopes towards the rear of the site where it meets Harvey Street. Planning consent was granted under planning ref DC/070503 for the erection of a five-storey building, to include basement and sub-basement levels, comprising a total of 24 apartments. The development is due to provide 20 three-bedroom apartments and 4 three-bedroom apartments. Development was commenced with the foundations having been laid alongside part of the lower floors, but the site has been dormant since at least 2022.
The site extends to approximately 0.07 ha (0.16 acres).
Interested parties should satisfy themselves at to the current planning permission, potential for alternative schemes and whether continuation of the current scheme is possible. Stockport MBC is the Local Planning Office: https://www.stockport.gov.uk/topic/planning-and-building
Location
The site is located within the heart of Stockport, boasting a prominent position fronting Churchgate, a short distance from Stockport’s historic Market Hall.
Tenure
Freehold under title number GM214301.
Accommodation
The full planning consent under planning ref: DC/070503 for the demolition of existing buildings and erection of new building comprising 24 apartments. This will include 20 two-bedroom units and 4 three-bedroom units over five floors.
A s73 Application has also been submitted but remains undetermined.
Please see the planning section in the information pack for more details.
Buyers Administration Fee
There will be a Buyer's Administration Fee of £3,000 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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