For Sale By Auction | 12:00, 12 June 2024 | Lot 51

31 Market Street, Shaw, Oldham, Greater Manchester OL2 8NR

*Guide | £160,000 (plus fees)

  • Commercial Property
  • Tenure: Freehold

Call the team on 01772 772450 for more information

Auction Date

Wed 12/06/2024

Auction Time

12:00

Auction Venue

Online Auction

Three Storey Commercial Property with Yard

Three storey commercial property located on the main high street in Shaw, Oldham. Substantial stone fronted building with gated access to the side which leads to a good size rear yard. There could be potential to build at the rear (subject to relevant planning permissions) due to a dropped curb on Eastway. The ground floor has previously been rented for £7,900pa. Both the first and second floor are currently derelict and unused requiring a full refurbishment. Current Rateable Value (1 April 2023 to present) - £8,600 To the ground floor there is a shop front, 2 offices, kitchen and WC facilities. Both the first and second floor are unused and derelict needing refurbishment comprising of several rooms and a workshop. Tenure: Freehold Title number: GM71269 Council Tax Band: Business Rates Local Authority: Oldham Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip

Tenure

Freehold

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.

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

Local Authority

Oldham Metropolitan Borough Council

Solicitors

O'Donnell Solicitors, Ref: O'Donnell Solicitors

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 - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 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.