A rare opportunity to acquire a prominently positioned freehold building with adjoining character cottage, located in the heart of the historic and highly regarded village of Audlem, Cheshire. The property currently comprises a licensed commercial restaurant premises, presently occupied and trading, together with a substantial adjoining residential cottage. The central village position benefits from strong footfall and consistent demand, supported by a vibrant local community and year-round visitor appeal
A rare opportunity to acquire a prominently positioned freehold building with adjoining character cottage, located in the heart of the historic and highly regarded village of Audlem, Cheshire.
The property currently comprises a licensed commercial restaurant premises, presently occupied and trading, together with a substantial adjoining residential cottage. The central village position benefits from strong footfall and consistent demand, supported by a vibrant local community and year-round visitor appeal.
Once the existing restaurant agreement comes to an end in September, the property offers significant scope for reconfiguration or redevelopment, including the potential to divide the building into two residential dwellings, subject to obtaining the necessary planning consents. This flexibility makes the opportunity equally attractive to investors, developers and lifestyle buyers.
The adjoining cottage retains a wealth of original character, including exposed beams and traditional detailing, with generous living accommodation, multiple double bedrooms and adaptable rooms. While some refurbishment would enhance the accommodation, this presents a clear opportunity to add value and maximise future resale or rental potential.
Set within the picturesque Cheshire countryside, this is a highly versatile investment and development opportunity in a prime village location. Based on comparable evidence, the potential Gross Development Value (GDV) is estimated to be in the region of £750,000, subject to planning, specification and market conditions.
PLEASE NOTE: The property is sold with the existing tenant in place. The current restaurant tenancy is due to expire in September, providing future vacant possession and onward potential thereafter.
Freehold
* Plus 2% Buyers Premium plus VAT
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Freehold mixed-use property in the heart of the historic village of Audlem, Cheshire
Strong value-add opportunity with estimated GDV in the region of £750,000
Future redevelopment potential, including possible conversion into two residential units (subject to planning)
B
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
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