*Guide | £300,000 - £350,000 (plus fees)
- Mixed Use
- Tenure: Freehold
Call the team on 01772 772450 for more information
Fully Let Mixed Use Investment Property – Producing £42,640 pa
Description Town centre mixed use investment property which briefly comprises of three ground floor units, with first floor business space plus rear workshop accessed from Wilde Street. Location Centrally located in Denton close to the main traffic lights, Morrisons and other local retailers. Tenure: Freehold Title number: GM368633 Local Authority: Tameside Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/
Tenure
Freehold
Accommodation
The property offers the following accommodation: - Ground Floor 13 Stockport Road – 41.6 sq.m 13A Stockport Road – 30.2 sq.m 15 Stockport Road – 68.89 sq.m First Floor 11-15 Stockport Road - 79.73 sq.m approx Wilde Street – Workshop unit – 86.22 sq.m approx.
Tenancy Information
The units are let as follows: - Ground Floor 13 Stockport Road – 5 year lease from August 2024 (inc 3 year rent review) - £8,400 pax 13A Stockport Road – 3 year lease from March 2023 - £8,100 pax 15 Stockport Road – 3 year lease from February 2025 - £9,000 pax First Floor 11-15 Stockport Road - 3 year lease from November 2023 - £9,600 pax Wilde Street – Workshop unit – 3 year lease from August 2022 - £7,540 pax
Total Rental Income = £42,640 pax
Copies of the leases available within the legal pack
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.
Energy Efficiency Rating (EPC)
Current Rating 13 Stockport Road - Band D. 13A Stockport Road – Band E. 15 Stockport Road- Band C. FF 11-15 Stockport Road – Band F (exempted-see MEES report). Wilde Street - Band E.
Local Authority
Tameside Metropolitan Borough Council
Solicitors
Sleigh & Son, Ref: Sleigh & Son, Tel: 0161 370 9524
Offered in association with
Roberts & Roberts
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - 2.5% inc VAT of the purchase price, subject to a minimum of £2500 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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
