Withdrawn Prior | Lot 30A

11 Hulme High Street, Hulme, MANCHESTER, Lancashire, M15 5JR

Withdrawn Prior

  • Commercial Property
  • Tenure: To Be Confirmed In Legal Pack

Call the team on 0161 830 7477 for more information

Auction Date

Thu 13/07/2017

Auction Time

02:00 pm

Auction Venue

Macron Stadium, Platinum Suite, De Havilland Way, Bolton, BL6 6SF

Retail Investment Currently Producing £9,600 per annum

Ground floor modern single storey self contained retail unit currently trading as Lynn's Wines & Beers. The property benefits from modern powder coated aluminium shop front protected by electrically operated security shutters and briefly comprises main retail area together with kitchen and WC facilities. The property itself is situated beneath a modern apartment block. Not measured, however according to the Valuation Office Agency (VOA) the net internal floor area is 74 sq m (797 sq ft). The property is occupied and trading as Lynn's Wines & Beers (off licence, tobacconists and general grocery store) by way of a 15 year lease from 2013 at a current passing rental of £9,600 per annum and the lease incorporates 5 yearly rent reviews the next one due 2018. Understood to be held long leasehold for the residue of a 250 year lease less 13 days from 1996, the initial ground rent payable being £200 per annum subject to rent reviews every 10 years to RPI. Please refer to legal pack for confirmation.

Tenure

To Be Confirmed In Legal Pack

Viewing

Please contact Auction House North West Commercial on 0161 830 7477

Energy Efficiency Rating (EPC)

Current Rating B

Local Authority

Manchester City Council

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

Buyer's Premium - £900 including VAT payable in addition to the Administration Charge

Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT

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