For Sale By Auction | 14:00, 05 September 2019 | Lot 61

15-19 Silver Street & 3-5 Broad Street, Bury, Greater Manchester, BL9 0EU

*Guide | £550,000 (plus fees)

  • Commercial Property
  • Tenure: See Legal Pack

Call the team on 0800 050 1234 for more information

Auction Date

Thu 05/09/2019

Auction Time

14:00

Auction Venue

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

Part Tenanted Mixed Use Investment/Conversion Opportunity Producing £39,175pa

Grade II Listed, part tenanted mixed use investment / conversion opportunity in the centre of Bury's professional district. Providing accommodation over three floors plus basement with detached storage/outbuilding to the rear. The ground floor and basement portions of the premises are fully tenanted by two separate restaurant/bar operators, with the upper floors and detached building vacant. 15/17 Silver Street - provides 2,726 sq ft of leisure/retail accommodation spread across ground floor and basement, currently occupied by Hops Bar on a lease expiring 30th September 2028 at a rent of £15,600 pa. 19 Silver Street - provides 2,582 sq ft over ground and lower ground retail and restaurant accommodation currently occupied by Verona Restaurant on a lease expiring 31 August 2026 at a passing rent of £23,575 pa 3 - 5 Broad Street - comprising a self contained entrance from Broad Street which provides access to the first and second floors of approximately 4,380 sq ft which is currently vacant. Back Broad Street - comprises a detached storage out building of approximately 2,368 sq ft and is currently vacant. The premises are located in the traditional business district of Bury town centre, close to many of the towns most established businesses. Bury is situated in Greater Manchester 12.9km (8 miles north of Manchester City Centre) and in close proximity to Rochdale and Bolton.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating C, D

Local Authority

Bury Metropolitan Borough Council

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.