Lot
070
Auction: November 2023 Online Auction 08/11/2023 - Bidding opens Tuesday 7th November 10:00 AM

42-46 Drake Street, Rochdale, Lancashire, OL16 1NU

Property Details
Location
Auction Details
Description
A development opportunity comprising a vacant parcel of land extending to approximately 386 Sq M (461 Sq Yds). A positive Pre-App response has been received from the local planning department in relation to a mixed retail and residential development (written communication can be found within the legal pack). Under the current plans the site would comprise of a commercial unit to the ground floor and 33 apartments spanning the ground to fifth floor. The site is located in Rochdale Town Centre and would make an ideal purchase for a developer seeking their next project.
Location
The site is prominently situated fronting onto Drake Street (A6223) just a short walk from the main retail and leisure offering of Rochdale Town Centre which has benefitted from considerable regeneration in recent years. The immediate surrounding area comprises a mixture of independent retailers, offices, cafe's and apartments. Both Rochdale Bus & Metrolink stations are within easy reach and provide regular access to surrounding areas and Towns. Manchester lies 15 miles to the south.
Approx Site Area
Approximately 386 Sq M (461 Sq Yds)
Planning
A positive e-mail response from Rochdale Council dated 1st August 2022 has been received in relation to the current proposed scheme of 33 apartments. Further details can be found within the legal pack.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 7TH NOVEMBER AND CLOSES ON WEDNESDAY 8TH NOVEMBER.

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Joint Agent

WT Gunson
Contact: Neale Sayle
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