Tenanted Shop and Flat Producing £6,600pa
On behalf of LPA Receivers... Two storey end terrace tenanted property briefly comprising ground floor cafe/sandwich bar together with first floor one bedroom flat. We are informed that the property is let as follows: Shop - let to private individual by way of a three year lease from May 2016 at a current rental of £250 per calendar month. Flat - let to a private individual, an assured shorthold tenancy, originally dated April 2017 at a rental of £300 per calendar month. The current rental income is therefore £550pcm/£6,600pa. The property is situated fronting onto Edenfield Road (A680) at the junction of Woodhouse Lane in the Norden area, approximately 2 miles north west of Rochdale town centre.
Tenure
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating TBC
Local Authority
Rochdale 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.