COVID-19 – Important Auction Information
For Sale By Auction | 13:00, 19 November 2020

Ground Rents & Site Land At Mottram Moor, Mottram Hyde, Cheshire, SK14 6LA

*Guide | £40,000 (plus fees)

  • Land
  • Tenure: See Legal Pack

Call the team on 0800 050 1234 for more information

Auction Date

Thu 19/11/2020

Auction Time

13:00

Auction Venue

Online Auction Online Auction,

Freehold Ground Rent Investment Producing £2,640 pa and Surplus Site Approximately 0.3 Acre – May Suit Future Development (STP)

Freehold ground rent investment of 12 houses each subject to a 150 year long lease from 01/01/2012 paying a ground rent of £220 pa (please refer to legal pack for confirmation). Total rent being £2,640 pa. Additionally there is a surplus parcel of land extending to approximately 0.3 acre whiuch may be suitable for future development subject to the necessary consents being obtained. The total site area is approximately 0.78 acres.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating n/a

Local Authority

Tameside Metropolitan Borough Council

Additional Fees

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

Administration Charge - 1.5% inc VAT of the purchase price, subject to a minimum of £1500 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.