20-22 Mill Street, Congleton, CW12 1HQ
£75.17 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
3,326 sq ft
309 sq m
- SECTOR
Commercial development for sale
Key features
- Retail/residential redevelopment opportunity
- Full planning consent granted 12/02/2021
- Provision of 3 x apartments & 2 x retail units
- 1 x 1 bed/1 x 2 bed/1 x 3 bed/ 2 x retail units
- Sales & investment comparables available
- Profit & Cost summary/Build Costs available
- Build cost estimated at £225k - 6 month build
- Estimated investment value: £652,800
Description
The properties include 20/20a and 22/22a Mill Street and benefits from full planning consent to include external alterations to 20, 20a Mill Street (rear dormer) and 22 and 22a Mill Street (single storey rear extension), to create 2 additional apartments and change of use from A1 to C3 at 22a. The vendor has available profit & cost summaries, projected build costs and has undertaken comparable due diligence to support the asking price.
EXPERIENCED VENDOR DEVELOPER CAN PROVIDE: PROJECT MANAGEMENT SERVICE, DEBT FUNDING SERVICE & PROPERTY MANAGEMENT SERVICE.
Planning documents available include:
- Decision notice.
- Artists elevation drawings.
- Highways report.
- Bat survey.
- Heritage statement.
Planning documents available include:
- Design & access statement.
- Structural Report.
- Existing/proposed floor plans.
- Transport report.
- Site plan/location plan
Documents also available:
- Schedule of Works.
- Full development costings.
- QS Costings.
- GeoEnvironmental desk study.
- Profit & Cost Summary.
Location
The property is located at the corner of Mill Street and Cross Street in the centre of Congleton a short walk from Bridestone Shopping Centre including Morrisons superstore.
- Stockport: 22 miles.
- Macclesfield: 9 miles.
- M60: 22 miles.
Planning
The property benefits from full planning consent granted 12/02/2021 - Planning Application Number:
20/1934C for external alterations to 20, 20a Mill Street (rear dormer) and 22 and 22a Mill Street (single storey rear extension), to create 2 additional apartments and change of use from A1 to C3 at 22a.
Tenure
We understand that the property is Freehold - TBC.
Title Number: TBC
Price/VAT
Offers over £250,000 SUBJECT TO CONTRACT.
We understand that VAT is not payable on the sale.
Legal Costs/Conditions
Subject to Contract.
Auction reserve price £275,000.
Bank commercial valuation available upon request.
Accommodation/RV’s
The property will provide approx 3,326 Sq.ft Gross floor area once the development is completed:
20 Mill Street:
GF Retail unit A: 35 Sq.m/377 Sq.ft.
GF 2 Bed Apartment A: 68 Sq.m/732 Sq.ft.
FF 3 Bed Apartment B: 73 Sq.m/786 Sq.ft.
SF 3 Bed Apartment B: 17 Sq.m/182 Sq.ft.
22 Mill Street:
GF Retail unit B: 66 Sq.m/710 Sq.ft.
FF 1 Bed Apartment C: 50 Sq.m/539 Sq.ft.
20a Mill Street: £4,800. 100% SBRR. Nil payable rates.
22a Mill Street: £4,400. 100% SBRR. Nil payable rates.
Brochures
20-22 Mill Street, Congleton, CW12 1HQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Congleton Station1.0 miles
- Alsager Station6.1 miles
- Goostrey Station6.2 miles
About MBRE, Stockport
Regent House, 8th Floor, Heaton Lane, Stockport, SK4 1BS
Notes
Disclaimer - Property reference 118949-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by MBRE, Stockport. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call MBRE, Stockport on 0161 524 0276.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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