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For Sale By Auction | 2.00pm, 10 July 2018 | Lot 24

37 Burnley Road, Padiham, Burnley , Lancashire, BB12 8BY

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Sold £20,000

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  • Tenure: See Legal Pack

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Auction Date

Tue 10/07/2018

Auction Time

2.00pm

Auction Venue

Unknown

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A Ground Floor Retail Unit Producing an Income of £4,680pa/£390pcm

This property conveniently located for access to Padiham Town Centre, the Linear Parkway and mainline bus routes to all the amenities of Burnley Town Centre. The property is currently tenanted for a term of 3 years from 1st June 2018 at a rental of £4,680pa/£390pcm exclusive of rates. See legal pack for a copy of the lease. Perfect for the investor looking to add some variety to their portfolio.

Tenure

See Legal Pack

Whilst not inspection by Auction House Manchester we believe the property comprises:

Ground Floor

Retail Unit 269sq ft (25sq m)

Energy Efficiency Rating (EPC)

Current Rating C

Services

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

Local Authority

Lancashire County Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of 0.6% inc VAT, subject to a minimum of £900 inc VAT

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

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information

Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.