COVID-19 – Important Auction Information
For Sale By Auction | 12:00, 28 April 2022 | Lot 51

82&82A Sale Lane, Tyldesley, Manchester, Greater Manchester M29 8NP

Sold £115,000

  • Mixed Use
  • Tenure: See Legal Pack

Call the team on 01772 772450 for more information

Auction Date

Thu 28/04/2022

Auction Time

12:00

Auction Venue

Online Auction

Tenanted Shop & Flat – Currently Producing £7,956 pa – Fixed Increases

Not inspected by Auction House but understood to briefly comprise a ground floor retail unit, occupied as a florist together with first floor self-contained flat. Tenancies The shop is let by way of a 4 year lease to expire May 2025 at a current rent of £5,400 pa. The rent is due to increase in May 2022 to £5,700 pa and again in May 2024 to £5,940 pa. The flat is understood to be let by way of AST at £450 pcm, however the tenant is currently paying £213 pcm. Location Prominently located fronting Sale Lane (A577) at the junction of Hough Street close to the centre of Tyldesley. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Wigan Metropolitan Borough Council

Solicitors

Priority Law Limited, Ref: Priority Law Limited, Tel: 01612077600

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.