Mixed Use Investment Opportunity Generating £14,196 Per Annum
Two individually let ground floor retail units and one tenanted 2-bedroom flat on the upper floor. 113 Market Street comprises a ground floor end terrace retail unit with basement currently Let to a hair & beauty salon at £429 pcm. 113a Market Street comprises a mid-terrace retail unit currently Let as a barber shop at £325 pcm. 113b Market Street comprises a first floor two bed flat currently Let on an AST at £429 pcm. Total Income £1,183 pcm / £14,196 per annum Please see legal pack for leases. Accommodation We have taken the total Net Internal Floor Areas from the VOA as follows: 113 Market Street: 103.6 sq m (1,115 sq ft) 113a Market Street: 19.2 sq m (206 sq ft) 113b Market Street: 97 m2 (1,044 sq ft) Location The property is located in the centre of Atherton, Greater Manchester close to local businesses and amenities. Atherton Railway Station is situated approximately 0.9 milies from the property with Manchester City Centre approximately 10 miles from the property. 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,G,E
Local Authority
Wigan 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 - 2.4% inc VAT of the purchase price, subject to a minimum of £2400 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.