Agent Code: JL010
An exceptional opportunity to acquire a substantial vacant semi-detached commercial property in a prime central Macclesfield location, offering outstanding potential for investors and developers alike.
Requiring full refurbishment throughout, this property presents a genuine blank canvas with excellent scope for conversion into a high-yield House in Multiple Occupation (HMO) or two self-contained flats, subject to the necessary planning permissions and building regulations.
Arranged over lower ground, ground and first floors, the accommodation comprises a large cellar, three spacious ground floor rooms, kitchen and separate WC, together with five first floor rooms and a bathroom. Every aspect of the property is ready for transformation, including the windows, flooring, internal layout and finishes, allowing purchasers to create a bespoke investment tailored to their requirements.
Externally, the property benefits from a private driveway and rear yard, providing valuable off-road parking with further potential to create an attractive communal outdoor space for future occupants.
Ideally situated within walking distance of Macclesfield town centre, the property has excellent access to local shops, schools, parks, restaurants, bus routes and Macclesfield railway station, making it a highly desirable location for future residents.
Whether you're looking to develop a profitable HMO, convert into residential apartments, or explore alternative commercial opportunities (subject to the necessary consents), this is a rare opportunity to unlock the full potential of a substantial town centre property.
Lower Ground Floor
Ground Floor
First Floor
Outside
Freehold.
Auctioneers Comments:
For Sale by Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
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Jordan Halstead
CEO
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