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60 Arderne Road, Timperley, Altrincham, WA15 6HL

Lot no: 34 Sold at Auction for £238,000
 

Guide Price £210,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 27th February 2020

2.30pm
Key Features
  • Freehold mixed use property
  • Full scheme of improvements required
  • Potential development opportunity (stpc)
  • Convenient position for local amenities
  • EPC Rating: E
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Sold at Auction for £238,000

Mixed Use

Property Description:

This former retail premises with two flats has been owned by the same family for approximately forty years. Whilst the shop area has been unused for some time, the residential aspects of the property have been occupied up until approximately two years ago. The property is now surplus to requirements and whilst needing a full scheme of renovation work, would suit a number of uses including separate flats, HMO or as one residential dwelling, all subject to the necessary planning and building consents.

Locally there is a wealth of shopping and leisure amenities both in Timperley Village and Altrincham’s trendy, cosmopolitan centre including numerous independent coffee houses, bars and bistros. Transport links are strong with a local Metrolink Station within Timperley itself as well as Altrincham Railway Station a short distance further.

In brief the layout comprises:

Ground Floor:

Shop area leading to:
Substantial storage area, leading to:
Open plan lounge and Kitchen, leading to:
Toilet and separate sink area.

First Floor:

Lounge leading to:
Kitchen,
Bathroom,
Two bedrooms.

Externally:

Paved front drive area, driveway to side with access to dilapidated external staircase, rear garden.

Tenure:

Freehold.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

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 all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction 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.