Postponed | Lot 32

Unit 24, Demmings Road Industrial Estate, Demmings Road, Cheadle, Greater Manchester, SK8 2PE

Postponed

  • Commercial Property
  • Tenure: See Legal Pack

Call the team on 01772 772450 for more information

Auction Date

Thu 20/05/2021

Auction Time

13:00

Auction Venue

Online Auction Online Auction,

Tenanted warehouse/workshop unit of approximately 4,862 sq ft (425.78 sq m) Generating £25,000 per annum.

Tenanted warehouse/workshop unit of approximately 4,862 sq ft (425.78 sq m) Generating £25,000 per annum. The property comprises a self-contained industrial unit of brickwork elevations beneath a pitched roof covered with corrugated sheeting, forming part of a larger industrial complex. Internally providing mainly open plan workshop/warehouse accommodation with integrated ladies & gents w.c.’s, kitchenette and office. The unit benefits from a working eaves height of approximately 4.4 metres, roller shutter loading door and personnel entrance, fluorescent lighting, 3-phase power, gas warm air space heaters and external parking for 6-8 vehicles. Accommodation The unit provides a gross internal area of approximately 4,862 sq ft (425.78 sq m). Tenancy The unit is Let to Advance Paint Refurbishment Limited (with Personal Guarantees) by way of a 5 year lease from 30th April 2021 to 29th April 2026 at a current rent of £25,000 per annum. The tenant has paid a 6 month rent deposit. Please see legal pack for further information. 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 D

Local Authority

Stockport 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

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.