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.
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating TBC
Rochdale 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 £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.