Withdrawn After
- Commercial Property
- Tenure: To Be Confirmed In Legal Pack
Call the team on 0161 830 7477 for more information
Multi-Let Industrial Estate Investment Currently producing £66,601 pax ERV £102,101 pax
Multi-let industrial estate briefly comprising 20 single and two-storey industrial units, situated approximately a 1/4 mile to the east of Bury town centre and 1/2 mile to the west of junction 2 of the M66 motorway. The Estate currently produces a rental income of £66,601 p a and when all the units are fully let we believe this could be increased to approximately £102,101 pax. In total the gross internal floor area of the estate is approximately 50,875 sq ft (4,726 sq m). A fully tenancy schedule is provided in the legal pack. Please note the car park to the front of the unit fronting onto Kay Street is not included in the sale however, this is a free car park. A purchase at the guide price equates to a net initial yield of 13.01% and when fully let could produce a reversionary yeild of 19.95%. Please note the property is registered for VAT.
Tenure
To Be Confirmed In Legal Pack
Viewing
Please contact Auction House North West Commercial on 0161 830 7477
Local Authority
Bury Metropolitian Borough Council
Solicitors
Linder Myers, Sale Point, 126 - 150 Washway Road, SALE, Cheshire M33 6AG, Ref: Linder Myers, Tel: 0161 835 8802
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 - 0.9% including VAT subject to a minimum of £900.00 including VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
