COVID-19 – Important Auction Information
For Sale By Auction | 2.00pm, 08 December 2020 | Lot 38

124 & 124b , Stamford Street Central, Ashton under Lyne, Lancashire, OL6 6AD

*Guide | £125,000 + (plus fees)

  • Commercial Property
  • 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

Tenanted Ground Floor & Basement Town Centre Offices Producing £11,700pa/£975pcm

Tenanted Ground Floor & Basement Town Centre Offices Producing £11,700pa/£975pcm Being part of the former Lloyds Bank Building the property occupies a prominent position on one of the main arterial roads within Ashton under Lyne Town Centre. Comprising the Ground Floor & Basement only each floor is let separately and produces a total income of £11,700pa/£975pcm. Each floor is self contained and the Ground Floor benefits from a return frontage on to Stamford Arcade. With Pension Fund rules preventing the purchasing of residential properties this represents a great opportunity for an addition to a private fund.

Tenure

See legal pack

Description & Tenancies

124 - Ground Floor

Comprising Reception/Showroom with return frontage and double doors to Stamford Arcade, Two Offices, Kitchen & WC. Currently Let at £6,340pa/£525pcm.

124b – Basement

Comprising Private Ground Floor Entrance leading down to, Large Open Plan Office, Directors Office, Staff Room/Kitchen, Separate Ladies & Gents WC’s and additional rear exit. Currently Let at £5,400pa/£450pcm.

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 Metropolitan Borough 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.