For Sale By Auction | 02:00 pm, 13 December 2017 | Lot 33

38 - 40 Manchester Road, Burnley, Lancashire, BB11 1HJ

Sold £165,000

  • Commercial Property
  • Tenure: To Be Confirmed In Legal Pack

Call the team on 0161 830 7477 for more information

Auction Date

Wed 13/12/2017

Auction Time

02:00 pm

Auction Venue

Macron Stadium, Platinum Suite, De Havilland Way, Bolton, BL6 6SF

Ground Floor Retail/Commercial Unit Plus 4no. One Bedroom Self-Contained Flats to the Upper Floors

Substantial three storey plus basement property, centrally located in Burnley town centre and currently vacant. The property briefly comprises a double fronted self-contained ground floor retail/commercial unit together with 4no one bedroom self- contained flats to the upper floors. From previous agents particulars we understand the ground floor retail/commercial unit extends to 1,280 sq ft (118 sq m) and was previously on the market To Let at an asking rental of £18,000 pa. Refurbished one bed flats in the vicinity are currently letting for £350 pcm. The total rental potential for this property is in the region of £30,000 - £35,000 pa when fully let and refurbished.

Tenure

To Be Confirmed In Legal Pack

Viewing

Please contact Auction House North West Commercial on 0161 830 7477

Local Authority

Burnley Borough Council

Solicitors

Irwin Mitchell LLP, 2 Wellington Place, LEEDS LS1 4BZ, Ref: Scott Wilkinson, Tel: 0113 394 6833

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

Buyer's Premium - 1.2% including VAT subject to a minimum £900 including VAT payable in addition to the Administration Charge

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.