COVID-19 – Important Auction Information
For Sale By Auction | 13:00, 15 April 2021 | Lot 29

8, 8A & 8B Market Place, Heywood, Greater Manchester, OL10 4NW

Sold £170,000

  • Commercial Property
  • Tenure: See Legal Pack

Call the team on 0800 050 1234 for more information

Auction Date

Thu 15/04/2021

Auction Time

13:00

Auction Venue

Online Auction Online Auction,

Vacant Retail Unit & Two Tenanted Flats – Currently Producing £12,000 pa (ERV c£20,000 when fully let)

Two storey terraced property briefly comprising vacant ground floor retail unit together with two tenanted (1x 1 bed & 1x 2 bed) self-contained flats. One of which flies over the adjacent shop. Tenancies The property is currently let as follows: • Ground Floor – vacant – ERV £8,000 pax • Flat 8a (1 bed) AST £450 pcm • Flat 8b (2 bed) AST £550 pcm Total Rental Income £12,000 pa ERV when fully let c£20,000 pa Please refer to legal pack for copies of the leases / agreements. Location Situated in the centre of Heywood fronting Market Place (A58) opposite St Lukes Parish Church. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating E

Local Authority

Rochdale Metropolitan Borough Council

Additional Fees

Administration Charge - 2% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.

Referral Fees – We offer referred services via 3rd party suppliers which we believe you may benefit from in aiding the primary service we provide. You are under no obligation to use these services, and you should consider your options before accepting any third parties' terms and conditions for which we are not responsible. On some completed transactions they pay referral fees to ourselves. These fees average £300 inc VAT.

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