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Ringstones Industrial Estate, Bridgemont, Whaley Bridge, High Peak, Derbyshire SK23 7PD

Guide Price
£785,000

Business rates & charges may apply

Auction House North West, Commercial
SIZE

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SECTOR

Commercial property for sale

Key features

  • Currently Producing approx. £86,267pa
  • ERV approx. £106,567pa
  • Approx. 2 acres of development land (STP)
  • Surfaced Carpark for Estate
  • Providing 18 units (totalling approx.19,386 sqft)

Description

Online Auction - 15th to 16th July 2025

Industrial Estate Comprising of 18 Units – Currently Producing approx. £87,879pa (ERV approx. £116,895pa) & approx. 2 acres of development land (STP)

Industrial Estate providing 18 units (totalling approx.19,430 sqft), a yard, surfaced carpark area and approx. 2 acres of Greenbelt land adjacent to the site which could be utilised as future speculative development (STP)

Currently there are 3 units vacant (Block E, Yard & Block A) which are being advertised for let. When fully let, potential income would be approx. £116,895pa – currently producing approx. £87,879pa. Please see tenancy schedule contained within the legal pack for more information.

All units are separately metered with both gas and electric available onsite along with CCTV. Currently, no service charge is being paid by the tenants.

A purchase at the guide price equates to…
• A low capital value of £40.40 per sq ft.
• Net Yield 10.61%
• Reversionary Yield 14.12%

Presents asset management opportunity to maximise rents and introduce a service charge.


Title number: DY509174 (Leasehold), DY214040 (Freehold) & DY509171 (Freehold)
Length of Lease/Term: 936 years from 24 March 1924
Ground Rent: Please refer to the legal pack
Service Charge: Please refer to the legal pack
Council Tax Band: Business Rates
Local Authority: High Peak

Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

EPCs Block C – C
Block K – C
Block B1 – D
Block B – D
Block F – D
Block A – D
Block D – D
Block N – C
Block I – C
Block E – D
Block P – C
Block H - C
Block O&J - C
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.

Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.

Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Tenure: See Legal Pack

Administration Fee: 2.5% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Ringstones Industrial Estate, Bridgemont, Whaley Bridge, High Peak, Derbyshire SK23 7PD

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Whaley Bridge Station0.8 miles
  • Furness Vale Station0.6 miles
  • New Mills Newtown Station1.3 miles

About Auction House North West, Commercial

14 St Mary's Parsonage, Manchester, M3 2DF

At Auction House North West we sell from a diverse catalogue, offering specialist advice both in the residential and commercial sectors. We provide unrivalled coverage of the North West region with active offices in both Manchester City Centre and Preston.

The creation of 'Auction House North West' is testament to the direct demands of North West Investors, who are constantly seeking speedy and transparent options to both purchase stock and dispose of their existing property portfolios, by marketing to the right clientele with the minimum of fuss. All under the guidance of specialist property auction experts.

Auction House North West combines commercial and residential lots from Greater Manchester, Merseyside, and Lancashire into one substantial catalogue and vibrant auction, serving the whole of the North West.

Notes

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Disclaimer - Property reference 202505161216sq_l6ar. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House North West, Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House North West, Commercial on 0161 524 6307.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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