Sold £286,000
- Commercial Development
- Tenure: See Legal Pack
Call the team on 01772 772450 for more information
Investment opportunity part let to Wm Hill at £14,000 pa – plus vacant retail unit & consent to convert 1st Floor to 3 x flats
Auction Date: Wednesday 22nd May 2019 Auction Venue: AJ Bell Stadium 1 Stadium Way, Barton-upon-Irwell, Salford, M30 7EY Situated in the centre of Denton, fronting onto Manchester Road (A57), close to its junction with Stockport Road (A6017). The property briefly comprises a triple fronted two storey terrace which is currently let as follows:- 3-5 Manchester Road (double fronted ground floor retail unit) - Let to William Hill, by way of a 20 year FRI lease from 24 January 2007 at a current passing rental of £14,000 pa. The lease incorporates five yearly rent reviews, the next one being January 2022. 7 Manchester Road – vacant ground floor retail unit extending to 635 sq ft (59 sq m). First Floor - former offices, now benefiting from planning consent from Tameside Council to convert to three self-contained flats (2 x two bed and 1 x one bed). Granted August 2016 (Ref 16/00575/FUL). This could be reconfigured to create 4 flats subject to the necessary consents being obtained.
Tenure
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating E, D & C
Local Authority
Tameside Metropolitan Borough Council
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 - £900 inc VAT payable on exchange of contracts.
Administration Charge - 0.9% inc VAT of the purchase price, subject to a minimum of £1080 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.
