**Auction Date 12th August - Please note you need to register to bid** A rare opportunity to acquire a substantial freehold property comprising a prominently positioned commercial building, an adjoining character cottage, and a separate detached two-bedroom coach house, all held under a single freehold title, in the heart of the historic and highly sought-after village of Audlem, Cheshire.
**Auction Date 12th August - Please note you need to register to bid**
A rare opportunity to acquire a substantial freehold property comprising a prominently positioned commercial building, an adjoining character cottage, and a separate detached two-bedroom coach house, all held under a single freehold title, in the heart of the historic and highly sought-after village of Audlem, Cheshire.
The property currently comprises a licensed commercial restaurant premises, together with a substantial adjoining residential cottage and a detached two-bedroom coach house with its own private garden. **The commercial premises will be sold with the benefit of vacant possession upon the expiry of the current restaurant agreement in September**, providing purchasers with immediate flexibility to occupy, re-let, redevelop or convert, subject to the necessary consents. Occupying a prime central village location, the property enjoys excellent visibility, strong footfall and consistent demand, supported by a thriving local community and year-round visitor appeal.
The forthcoming vacant possession presents exceptional scope for redevelopment, reconfiguration or repurposing. Subject to obtaining the necessary planning consents, there is potential to convert the commercial premises into residential accommodation, creating multiple dwellings. Furthermore, as the detached coach house is currently included within the same freehold title, the property offers an outstanding opportunity for **title splitting**, allowing purchasers to maximise value through the creation of separate saleable or income-producing assets.
The adjoining cottage retains a wealth of original character, including exposed beams and traditional features, offering generous living accommodation with multiple double bedrooms and versatile reception rooms. While some modernisation would further enhance the property, it provides an excellent opportunity to add value and significantly improve its future resale or rental potential.
The detached coach house offers well-proportioned two-bedroom accommodation with the added benefit of a private garden, making it ideal as a standalone family home, holiday let, long-term rental investment or resale opportunity following a title split.
Situated within the picturesque Cheshire countryside, this is an exceptionally versatile investment, development and asset management opportunity. Whether retained as a mixed-use investment, converted into residential accommodation, or enhanced through redevelopment and title separation, the property offers multiple exit strategies for investors, developers and owner-occupiers alike.
Based on comparable evidence, the potential Gross Development Value (GDV) is estimated to be in the region of **£750,000-800,000**, subject to planning, specification and prevailing market conditions.
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.
Each Lot is sold in its existing condition and state of repair. Buyers are deemed to have inspected the Property and satisfied themselves as to its condition, structure and suitability prior to bidding. Town & Country Property Auctions gives no warranty or guarantee as to the condition, structure, construction, repair or suitability of any Property, or the working order of any fixtures, fittings, services, heating systems or appliances included in the sale. No objection, claim or recourse shall be made against Town & Country Property Auctions in respect of these matters. Purchasers requiring mortgage finance or other funding are advised to arrange this prior to the auction and should satisfy themselves that the Property meets their lender's requirements. Material information relating to the Property will be provided within the Legal Pack. To download the Legal Pack, please visit tcpa.co.uk.
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.
Potential Rental income in the region of £47,000pa
Fantastic Multi Property Under One Title
Potential GDV - £750,000 - £800,000
* 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.
Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.
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