Substantial Property -Restaurant/Takeaway with Upper Parts Considered Suitable for Residential (STP)

Substantial corner property known as "Desi Point Restaurant and Take-Away" briefly comprising ground floor take-away restaurant with separately accessed upper floors considered suitable for residential uses subject to the necessary consents being obtained. To the rear of the property is a single storey extension known as 2a Buckhurst Road. At present the property is occupied by way of a Licence Agreement dated 1st November 2014 at a Licence Fee of £24,000 per annum. This agreement can be terminated by the Licensor with 7 day's notice. We are informed that rent hasn’t been collected for a number of months. A full inspection of the property has not been provided however we understand the property provides the following:

Tenure

To be Confirmed in Legal Pack

Ground Floor

Take-away/restaurant, kitchen/prep area, ancillary 111.9 sq m (1,205 sq ft)

First Floor

Five rooms, bathroom and kitchen

Second floor/attic

Four rooms and w.c.

Viewing

Please contact Auction House North West Commercial on 0161 830 7477

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Manchester City Council

Solicitors

Occasio Legal Limited, Grampion House, 144 Deansgate, MANCHESTER M3 3EE, Ref: Jeremy Reilly, Tel: 0161 8351766

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of 0.9% inc VAT, subject to a minimum of £1080 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.