Tenanted Retail Unit – Income of £7,020pa

NO VIEWINGS AVAILABLE Auction House North West has not inspected the subject property but we have been advised this to be a tenanted single storey retail unit which is currently trading as a hairdresser. Tenancy: 6-year lease from 2023 with a second lease for the tenant. Paying £585pcm / £7,020pa. For more information relating to the tenancy, please refer to the legal pack. Taken from the current EPC, the total floor area is 41 m2. Business Rates: £3,400 (1 April 2023 to Present). Tenure: Freehold Title number: GM691220 Local Authority: Tameside Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

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.

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.

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Tameside Metropolitan Borough Council

Solicitors

HCB Solicitors, Ref: Amit Shalom

Additional Fees

Administration Charge - 2.5% inc VAT of the purchase price, subject to a minimum of £2500 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.