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For Sale By Auction | 14:00, 12 March 2020 | Lot 14

Garage Colony, Roundthorn Road, Oldham, Greater Manchester, OL4 5NA

Sold £38,000

  • Commercial Property
  • Tenure: See Legal Pack

Call the team on 0800 050 1234 for more information

Auction Date

Thu 12/03/2020

Auction Time

14:00

Auction Venue

University of Bolton Stadium Platinum Suite, De Havilland Way, Bolton, BL6 6SF

Part Tenanted garage colony of 10 garages, currently producing £3,204 pa (ERV) £3,865 pa.

Garage colony of 10 lock-up garages accessed from Roundthorn Road, close to the junction with Abbey Hills Road (B6194) in the Alt suburb of Oldham. We are informed that 8 of the 10 garages are currently tenanted and the current income is £3,024 per annum and when fully let the garages could produce approximately £3,864pa. The total site area extends to approximately 0.12 acre and may suit future development, subject to the necessary consent being obtained.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating N/A

Local Authority

Oldham Metropolitan Borough Council

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

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