For Sale By Auction | 12:00, 15 May 2024

146 Bradford Road, Manchester, Greater Manchester M40 7AS

*Guide | £690,000 (plus fees)

  • Commercial Property
  • Tenure: Freehold

Call the team on 01772 772450 for more information

Auction Date

Wed 15/05/2024

Auction Time

12:00

Auction Venue

Online Auction

Two Modern Adjoining Industrial Warehouse Units - Approximately 7,882 sq.ft. (732 m2).

Comprising two adjoining / interconnecting modern industrial units totalling approximately 7,882 sq.ft. (732 m2). The units are of steel portal frame construction incorporating open plan warehouse with partitioned offices and ancillary with part fitted with a mezzanine floor. Access is via roller shutter loading doors to the front via the communal gated yard area. Tenancy Currently let to Direct Linen with approximately 6 months remaining on the lease. The current rent is £43,750 per annum (£5.55 psf); however the rent appears to be below market rent. We have been informed that the tenants intend vacating the unit at the end of their lease. Thus the units could be of interest to owner occupiers or investors alike. Conveniently located fronting Bradford Road close to one of the main entrances to the new Co-op Live Arena and within a few hundred meters of the Etihad Campus (Manchester City FC). Manchester City Centre is located approximately 1 mile to the west. Tenure: freehold Title number: MAN136855 Council Tax Band: n/a Local Authority: Manchester Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

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.

Local Authority

Manchester City Council

Solicitors

V&T Solicitors, Ref: V&T Solicitors

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 - 1.98% 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.