2no. Ground Floor Units. 112A Currently Let as Travel Agents - Producing £8,400pa, Plus Vacant Restaurant/Takeaway

2no self contained ground floor retail/commercial units - 112A currently let as a Travel Agents and 112B former BJ's Caribbean Restaurant/Takeaway currently vacant. Both units benefit from modern retail shop fronts protected by way of electrically operated security roller-shutters. Not measured. According to the Valuation Office Agency (VOA) the net internal floor area is: 112A (Travel Agents) - 50.68 sq m (546 sq ft) 112B (Vacant Restaurant) - 112.44 sq m (1,210 sq ft) We understand that 112A is currently let to Real Deals Travel Agents by way of a 15 year lease from 2013 at a current passing rental of £8,400 per annum including VAT (£7,000 pa + VAT) The adjacent restaurant/takeaway premises is currently vacant with an ERV of approximately £15,000 pax. The potential total rental income is £23,400 pax. 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. Refer to legal pack for confirmation. We are informed that the property is elected for VAT.

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 C

Local Authority

Manchester City Council

Solicitors

Addleshaw Goddard, One St Peters Square, MANCHESTER M2 3DE, Ref: Jason Scott, Tel: 0161 934 6000

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.