21 Arkwright Road

Ref: Lot 14

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Town & Country Property Auctions London
Town & Country Property Auctions London

Unconditional Lot


UNCONDITIONAL LOT Exchange and administration fee information: (plus fees) Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details). In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.

Description

GROUP VIEWING - SATURDAY 11TH MAY 10:30AM - CALL OFFICE TO ATTEND. Town & Country Property Auctions are pleased to present this fantastic investment opportunity on one of Marple's most prestigious roads. An imposing property with accommodation spread over four floors. The property is currently classified as commercial care home, there may be an opportunity to convert the property to a residential single or multi dwelling subject to the relevant planning permissions.

The property benefits from views down towards Marple bridge and being a short walk from Marple Train Station and the pubs, cafes, shops and amenities of Marple Bridge.

Externally to the front of the property, you find gated access from the pavement, with path leading you through the front garden to access on the side of the property. The gardens wrap around the side of the property out to a large rear garden currently laid with stone chippings

The property is in need of full internal renovation, however, we have been told by the current owner that the development costs will only be subject to 5% VAT, not 20% VAT as the property has remained empty for over 2 years. This will help reduce the cost of renovation works for the successful purchasers.

Previous planning consent granted for a 3-storey extension to the rear and lift shaft under reference: DC/075911 - Stockport Council

Viewing is strongly recommended to fully appreciate the size and scale of this opportunity.

Disclaimer:
Material information will be provided within the legal pack - to download this register your interest at tcpa.co.uk.

EPC

D

Tenure

Freehold

For sale by online auction on 30th May 2024
Bidding opens at 10:00am and closes from 12:00 noon
Development Opportunity SSTP
Planning For Care Home
Potential for residential conversion STPP
Prime location in Marple

Buyers Premium

Plus Fees



* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

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