Albion Mill, Macclesfield, SK11
- PROPERTY TYPE
Mill
- BEDROOMS
2
- BATHROOMS
2
- SIZE
Ask agent
Description
Description
The property benefits from approved planning permission for the conversion of the former mill into 30 luxury apartments comprising a range of traditional two-bedroom units alongside a number of spacious three-bedroom duplex penthouses, with associated access and parking (Cheshire East Council Ref: 17/0499M).
The current scheme provides 33 on-site parking spaces. There is also scope to add further apartments, subject to the necessary consents, allowing for additional upside. The Gross Development Value (GDV) is estimated at £7.5 million, presenting a compelling proposition for developers and investors. Crucially, works can commence immediately, Asbestos removal has been carried out by the current owners, significantly reducing initial risk and expediting delivery.
Combining architectural character, scale, and strong residential demand, Albion Mill represents an increasingly rare opportunity to transform an iconic industrial building into high-quality homes.
Originally constructed for Thomas Heapy, a leading figure in Macclesfield celebrated 19th-century silk trade. Architectural highlights include red brick elevations, sandstone detailing, a slate roof, and a prominent central parapet inscribed with Albion Mill 1843 Internally, the building retains many original features, including cast-iron columns and timber beams, offering significant scope for sympathetic restoration.
Tenure
Occupancy
Costs
The sale of this property will take place on the stated date by way of Buy it Now auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 1.8% inc. VAT of the purchase price
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
Albion Mill, Macclesfield, SK11
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Macclesfield Station0.7 miles
- Prestbury Station3.2 miles
- Adlington (Ches.) Station4.9 miles
Notes
Disclaimer - Property reference P2369. 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 BESPOKE, Macclesfield. 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 BESPOKE, Macclesfield on 01625 466656.
*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.”