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Sold Prior | Lot 30

186 Moorside Road, Swinton, Manchester, Greater Manchester, M27 9LE

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Sold Prior

  • Mixed Use
  • Tenure: Freehold

Call the team on 01772 772450 for more information

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Auction Date

Thu 16/12/2021

Auction Time

12:00

Auction Venue

Livestream Auction

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Mixed Use Multi-Let Trade Counter/ Showroom/Retail/Office Investment – Currently Producing £86,400 pa

Fully let mixed use commercial investment opportunity comprising ten lettable units let to nine tenants and currently producing a rental income of £86,400 pa. The units are housed in a modern industrial unit of brick and block elevations beneath a pitched roof covered in corrugated profile sheeting. Externally there is a parking area to the front. Location Prominently situated on the easterly side of Moorside Road adjacent to Link 580 Industrial Estate / Business Park and opposite the popular Wardley Business Park. Conveniently situated just off the East Lancs Road (A580) close to the junction with M60 orbital motorway and M61. Manchester City Centre is approximately 5 miles to the east. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding. Tenancies The Tenants are not to be disturbed – viewings strictly by appointment

Tenure

Freehold

By Appointment

1st Floor Salon - Size: 250 SQFT - Term: 5 Years from 29/06/2020 - 28/06/2025 - Rent pcm: £400 - Service charge per annum: £0

Frameworks Training Ltd

Ground Floor & 1st floor - Size: 1,650 SQFT - Term: 2 Years from 09/06/2020 - 08/06/2022 - Rent pcm: £400 - Service charge per annum: £600

Portfolio Kitchens & Bathrooms Ltd

Ground Floor - Size: 785 SQFT - Term: 1 Year from 01/06/2020 - 30/11/2020 - Rent pcm: £1,000 - Service Charge per annum: £600

Levels Gym

Ground Floor - Size: 841 SQFT - Term: 3 Years from 01/09/2020 - 31/08/20223 - Rent pcm: £1,000 - Service Charge per annum: £600

Spectrum Rail Ltd

1st Floor Office - Size: 799 - Term: 2 Years from 01/07/2020 - 30/06/2022 - Rent pcm: £425 - Service Charge per annum: £600

Alfred Fraser Bathrooms & Tiles Ltd

Ground Floor - Size: 1,463 SQFT - Term: 5 Years from 01/06/2020 - 31/05/2025 - Rent pcm: £1,000 - Service Charge per annum: £600

Frameworks Recruitment Limited

Size: See Above - Term: 4 Years from 02/06/2018 - 01/06/2022 - Rent pcm: £800 - Service charge per annum: £600

Tayahs Asthetics & Beauty Ltd

1st Floor Salon - Size: 403 SQFT - Term: 1 Year from 12/04/2021 - 11/04/2022 - Rent pcm: £350 - Service charge per annum: £600 - Rent deposit: £350

Margret Gill (Cafe 186)

Ground Floor - Size: 984 SQFT - Term: TBC - Rent pcm: £800 - Service charge per annum: £600

Demi Greaves

Ground & First Floor - Size: 867 SQFT Ground Floor ; 364 SQFT 1st Floor - Term: 3 Years from 01/12/2021 - 01/12/2024 - Rent pcm: £1,025 - Service charge per annum: £600

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Salford City 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

Buyer's Premium - 0.5% inc VAT of the purchase price 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.

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Residential

311 Garstang Road, Fulwood, Preston, PR2 9XJ

01772 772450

northwest@auctionhouse.co.uk

Commercial

Century Buildings, 14 St Mary's Parsonage, Manchester, M3 2DF

0161 830 7477

nwcommercial@auctionhouse.co.uk

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*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information

Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

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