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Lot 14
55 Castle Street, Edgeley, Stockport, Cheshire SK3 9AT

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Sold: £108,000

6 Week completion


Located on one of the town's main shopping precincts, just a short walk from Stockport Railway Station, amongst a variety of local traders and close to a branch of Home Bargains. Other multiple retailers can be found further down Castle Street on the pedestrianised section and include Boots, Co-Op Food, Martins/Post Office, Cooltrader and The Salvation Army.
Edgeley is a suburb of Stockport which lies approx. 6 miles south-west of Manchester and enjoys excellent road links via the M60 (Junction 1) just ½ mile to the north.


A mid terraced building comprising a Ground Floor Shop with internal access to Staff/Ancillary Accommodation at first floor level.


Ground Floor Shop
Gross Frontage 15'9"
Internal Width 13'4"
Shop and Built Depth 45'1"
Area Approx. 600 sq ft
First Floor Staff/Ancillary
Area Approx. 500 sq ft

VAT is applicable to this Lot



The entire property is let on a full repairing and insuring lease to Greggs Plc (having over 1,700 branches) (T/O for Y/E 02/01/16 £835m, Pre-Tax Profit £73m and Shareholders' Funds £272m) for a term of 5 years from 29th September 2010 (Holding Over - in occupation since 1966) at a current rent of £6,500 per annum exclusive.

*Please note:

RESERVE:The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE: Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.