COVID-19 – Important Auction Information
For Sale By Auction | 12:00, 09 December 2020 | Lot 40

12-14 Shaw Road, Oldham, Lancashire, OL1 3LQ

*Guide | £300,000+ (plus fees)

  • Mixed Use
  • Tenure: 12-14 Shaw Road Freehold Rear of 12-14 Shaw Road Leasehold. The property is held on a 999 year lease from November 2018 (thus approximately 997 years unexpired). Current Combined Net Rent Reserved £34,092.56 Per Annum

Call the team on 020 7625 9007 for more information

Auction Date

Wed 09/12/2020

Auction Time

12:00

Auction Venue

Live Stream

A Double Fronted Mixed Use Investment Comprising a Large Double Width Ground Floor Lock-Up Shop with a Six Bedroom Fully Licensed HMO Above. Both Fully Let on Commercial Leases Producing £34,092.56 Net Per Annum Combined

The property comprises a large three storey double fronted mid-terrace building arranged over ground and two upper floors. The property benefits from off street parking to the rear.

Tenure

12-14 Shaw Road Freehold Rear of 12-14 Shaw Road Leasehold. The property is held on a 999 year lease from November 2018 (thus approximately 997 years unexpired). Current Combined Net Rent Reserved £34,092.56 Per Annum

Location

The property is situated amongst the shops and amenities of Market Street. Nearby multiples include Tesco, Kwikfit, Travis Perkins and other local established traders. Transport links are provided by the Oldham tram and Mills Hill rail station.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,200 inc VAT

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