Grade II Listed Industrial / Warehouse Building – Approximately 5,157 sq.ft. / 479 m2

Grade II listed industrial / warehouse building, constructed in the mid to late 1800's. The accommodation, comprises an industrial / warehouse building with associated ancillary office accommodation and is constructed over two floors, plus attic of brick elevations, under a pitched tiled roof. The windows are single glazed with timber casements. Internally, the accommodation to the front is over three floors, with the property being part warehouse/workshop and part ancillary/office accommodation. To the rear the property is single storey. There are solid floors (ground) and timber floors (upper), mostly uncovered with the upper floors being carpeted. The walls are exposed brick work and uncovered to the ground floor and part boarded to the upper floors. To part of the ground floor the ceiling is vaulted and partly boarded on the upper floors. The property is part of the Chatham Mill complex which is multi let and would appear to have medium term development potential (subject to the required consents being obtained) particularly with the growth of Manchester Metropolitan University Campus. We are advised the ground floor is rented at £650 pcm to be increased to £850 pcm however there is no agreement. NB The remainder of Chatham Mill is being offered in this (23rd March) auction. Tenure: leasehold Title number: GM334685 Length of Lease/Term: 99 years from 30/9/1983 Ground Rent : £ 20 pa Service Charge: £ n/a Council Tax Band : n/a Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/ ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. 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. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Tenure

Leasehold

Accommodation:

We have taken the following gross internal floor areas from the vendors information provided: - Ground Floor Workshop 3,342 sq.ft First Floor Ancillary 1,543 sq.ft Second Floor Storage 272 sq.ft Total GIA – 5,157 sq.ft.

Tenure

We understand that the property is currently vacant and is held long leasehold for a term of 99 years from September 1983, approximately 59 years remaining.

Planning

The West Wing was granted listed building consent in June 2000 (ref: 059558/LO/CITY3/00) for the conversion into 9no. residential apartments and extension (on neighbouring land) to form a further 8no. new build apartments. This consent has now lapsed. Further planning information is available in the legal pack and on the Manchester City Council planning portal.

Local Authority

Manchester City Council

Solicitors

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

Additional Fees

Administration Charge - 1.75% inc VAT of the purchase price, subject to a minimum of £1750 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.