For Sale By Auction | 2.00pm, 04 February 2020 | Lot 17

Freehold Ground Rents 34,34a,34b,36,38,38a High St, and 12,20,22,24 Church View, New Mills, High Peak, Derbyshire, SK22 4AL

Sold £18,000

  • Investment
  • Tenure: See legal pack

Call the team on 0161 925 3254 for more information

Auction Date

Tue 04/02/2020

Auction Time

2.00pm

Auction Venue

Manchester City FC, The Etihad Stadium, Sport City, Manchester, M11 3FF

10 Freehold Ground Rents Producing £1,300 per annum

10 Freehold Ground Rents Producing £1,300 per annum. The investment comprises a block of properties, part of which used to be the former Manchester County Bank Premises, which have now been split into 10 individual properties and the long leaseholds sold subject to 8 Ground Rents of £150pa and 2 Ground Rents of £50pa thus producing an annual income of £1,300. See legal pack for further information regarding the individual leases. Please note that there is a further Buyers Premium of £1,500 inclusive of VAT.

Tenure

See legal pack

Services

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

Local Authority

Derbyshire & High Peak Council

Additional Fees

Buyer's Premium - Please note that there is a further Buyers Premium of £1,500 inclusive of VAT.

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.