For Sale By Auction | 02:00 pm, 08 September 2016 | Lot 101

1 Albert Street, NELSON, Lancashire, BB9 7EY

Sold £250,000

  • Mixed Use
  • Tenure: To Confirmed In Legal Pack

Call the team on 01772 772450 for more information

Auction Date

Thu 08/09/2016

Auction Time

02:00 pm

Auction Venue

Preston North End Football Ground, the Invincibles Lounge, Lowthorpe Road, Preston, PR1 6SA

Former 16 Bedroom HMO with Two Ground Floor Retail Units currently Let at 1500.00 pcm

The property comprises; Ground floor - two retail units both let - prospective purchasers are advised to check the legal pack for lease details and rent on the commercial units, as Auction House have not had sight of these at the time of cataloguing. First floor - communal lounge/kitchen area, x 7 bedrooms, store room & 2 shower rooms. Second floor - x 9 bedrooms, x 3 shower rooms, store rooms & utility cupboard. Potential rent when fully let £66,560 pa. Vendor has previously had all 16 let x12 units at £75 pw and x4 units at £95pw.

Tenure

To Confirmed In Legal Pack

Viewing

Please check Auction House Website for viewing appointments www.auctionhouse.uk.net

Local Authority

Burnley Borough Council

Solicitors

Marsden Rawsthorn Solicitors Ltd, Faraday Court, Faraday Drive, Fulwood, Preston PR2 9NB, Ref: Richard Ainsworth, Tel: 01772 799600

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 - Purchasers will be required to pay an administration fee of 0.9% inc VAT, subject to a minimum of £1080 inc VAT

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