COVID-19 – Important Auction Information
For Sale By Auction | 13:00, 19 November 2020 | Lot 36

83 Moorhey Street, Oldham, Lancashire, OL4 1JE

Sold £191,000

  • Industrial Development
  • 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,

Tenanted Industrial Investment – Currently Producing £14,000 pa

Description Tenanted single storey industrial workshop unit briefly providing two open plan workshop areas, offices and ancillary space, loading access is via roller shutter door to the front elevation and smaller roller shutter to the side off Leicester Street. The unit is constructed of brickwork elevations beneath a steel truss framed roof covered with corrugated sheeting. Internally the unit is fitted with 3 phase electricity and a mix of LED and sodium lighting. Tenancy The property is to a private individual by way of a 5 year lease from August 2018 at a rental of £14,000 pa. Copy of the lease is available within the legal pack. Accommodation Not measured by Auction House NW but understood to briefly comprise:- Main Workshop – 2,082 sqft Side Workshop – 655 sqft Rear Workshop – 770 sqft Offices – 211 sqft Canteen – 170 sqft TOTAL – 3,888 sqft Location Fronting Moorhey Street at the junction of Leicester Street approximately ½ mile east of Oldham town centre..

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Oldham 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.