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

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

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Sold £38,000

  • Commercial Property
  • Tenure: See Legal Pack

Call the team on 01772 772450 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

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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

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

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.

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Residential

311 Garstang Road, Fulwood, Preston, PR2 9XJ

01772 772450

northwest@auctionhouse.co.uk

Commercial

Century Buildings, 14 St Mary's Parsonage, Manchester, M3 2DF

0161 830 7477

nwcommercial@auctionhouse.co.uk

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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.

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