Tenanted Convenience Store with Two Self-Contained Flats Above
Traditionally constructed corner property briefly comprising tenanted ground floor self-contained convenience store t/as Premier Express – Fairfield Convenience Store with 2 flats (1x 1 bed , 1x 2 bed) to the first floor accessed from side entrance. The ground floor c-store is currently occupied by way of a 10 year lease from 31st July 2012 at a current rental of £8,500 pax. The flats are both vacant and in need of refurbishment, flat 1 providing open plan living/dining/kitchen, bedroom, bathroom and separate WC; flat 2 – (rear) living/dining/kitchen, bedroom 1, bedroom 2 and bathroom with 3 pc suite. When refurbished and fully occupied the ERV is understood to be in the region of £20,000 per annum. The property fronts Rochdale Old Road (B6222) at the junction of Martin Street close to Fairfield hospital and approximately 1.5 miles east of Bury town centre.
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating E, C
Bury Metropolitan Borough Council
Buyer's Premium - £900 inc VAT payable on exchange of contracts.
Administration Charge - 0.9% inc VAT of the purchase price, subject to a minimum of £900 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.