COVID-19 – Important Auction Information
For Sale By Auction | 2.00pm, 08 December 2020

89/89a Penny Meadow, Ashton-under-Lyne , Lancashire, OL6 6EP

*Guide | £125,000 + (plus fees)

  • Mixed Use
  • 3 Bedrooms
  • Tenure: See legal pack

Call the team on 0161 925 3254 for more information

Auction Date

Tue 08/12/2020

Auction Time

2.00pm

Auction Venue

Live Stream

Ground Floor Retail Investment Plus Three Bedroomed Duplex Apartment Producing £12,000pa/£1,000pcm

Ground Floor Retail Investment Plus Three Bedroomed Duplex Apartment Producing £12,000pa/£1,000pcm. Being situated on one of the main arterial roads into Ashton-under-Lyne and within walking distance of the Town Centre and Metrolink Station has ensured a strong demand for both the retail premises and residential accommodation. Briefly comprises a self contained Ground Floor Shop & Basement plus a Three bedroomed Duplex Apartment at First/Second Floor level. Currently producing £12,000pa/£1,000pcm so offers an excellent return at this Guide Price.

Tenure

See legal pack

Not inspected by Auction House Manchester but we are advised by the vendor that the accommodation is as follows:

89 - Ground Floor

Shop Kitchen WC Basement Currently Tenanted at £5,400pa/£450pcm

89a -Ground Floor

Private Entrance with Store off

First Floor

Landing Lounge Kitchen Bedroom One Bedroom Two Bathroom

Second Floor

Bedroom Three Currently Tenanted at £6,600pa/£550pcm

Outside

To the rear is a yard

Energy Efficiency Rating (EPC)

Current Rating TBC

Services

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

Local Authority

Tameside Council

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of 0.9% inc VAT, subject to a minimum of £1200 inc VAT.

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