4 & 4a Hibel Road, Macclesfield, Cheshire, SK10 2AB

Guide Price

£60,000 plus

Additional Costs / Fees will apply

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Property Details

Location

Description

A potential re-development opportunity comprising a ground floor commercial / office unit extending to approximately 61 SqM (656 SqFt) and benefitting from prior approval for conversion into a self contained two bedroom residential apartment. The property is situated immediately adjacent to a luxury apartment scheme currently under construction and within easy walking distance of Macclesfield Town Centre. The property lends itself either to a developer looking to convert to residential or an existing office / retail occupier.

Location

The property fronts onto Hibel Road close to it's junction with the A537 / A538 and just a short walk from the variety of amenities and facilities available in Macclesfield Town Centre. The neighbouring property which were the former law courts are currently undergoing significant renovations to be converted into luxury collection of one and two bedroom flats.

Accommodation

Ground Floor

Entrance Vestibule, Main Retail Area, Office, Bathroom

Outside

Rear courtyard

Tenure

The property is long leasehold for a term of 999 years with effect from 29th September 1859, at a ground rent of £10 per annum. The upper floor has previously been sold subject to a long lease for a term of 825 years with effect from 13th December 2000 at a ground rent of £40 per annum. We have not had sight of the lease documentation however copies will be available for inspection within the legal pack.

Planning

Prior approval for change of use was approved by Cheshire East Council on 19th January 2023 for a two bedroom residential dwelling. Planning ref 22/4575M.

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 16TH JULY AND CLOSES ON WEDNESDAY 17TH JULY.

3. Energy Performance Certificate: 4 = D, 4a = C.

4. We understand a new central hating boiler has been recently installed.