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57 Cheadle Road, Cheddleton, Leek ST13 7HN

Lot no: 108 Sold Prior to Auction
 

Guide Price £60,000+ 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.

Wednesday 27th March 2024

9.00am
Key Features
  • Semi-detached former Dental Surgery with E Use Class Order
  • Total NIA 1,023 sq. ft. with ground floor sales area of 397 sq. ft.
  • Would suit retail, office, beauty or clinic businesses
  • Main road frontage and parking for approx. 8 vehicles to the side of the property
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Sold Prior to Auction

Commercial Property

Property Description:

A former dental practice with roadside frontage onto Cheadle Road (A520).

The property comprises an open plan sales area on the ground floor with two consultation rooms, kitchen and WC on the first floor. There is also a lower ground level comprising storage/staff accommodation. There is a car park to the side of the property which holds approximately 8 vehicles.

The property currently benefits from (E) use class which includes retail, office, clinics, day nursery or cafe to name a few. Subject to planning, the property may also be suitable for a hot food takeaway.

The property is prominently located on Cheadle Road (A520), to the southern edge of Cheddleton, in a mixed use area with excellent road connections to the Potteries with direct access to the A50 dual carriageway via the A520.

ACCOMODATION
Lower Ground Floor:
Staff room/storage: 318 sq. ft.

Ground Floor:
Sales Area: 397 sq. ft.

First Floor:
Consulting room 1: 140 sq. ft.
Consulting room 2: 127 sq. ft.
Kitchen: 41 sq. ft.
WC

Total NIA: 1,023 sq. ft.

SERVICES
We are advised that all mains are connected. Oil-fired central heating system is installed throughout. Please note that no services have been tested by the agents.

VAT
The sale price is not subject to VAT.

BUSINESS RATES
Rateable Value: £5,400
Rates Payable: £2,6941.60 per annum (20/21)
*Please note that if you qualify for Small Business Rates Relief then you may be entitled to a 100% exemption*

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.



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 auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers 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 Buyers 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.