For Sale By Auction | 14:00, 14 November 2019 | Lot 6

Land At 208 Drake Street, Rochdale, Lancashire, OL16 1UP

*Guide | £3,000 - £5,000 (plus fees)

  • Land
  • Tenure: Freehold

Call the team on 0800 050 1234 for more information

Auction Date

Thu 14/11/2019

Auction Time

14:00

Auction Venue

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

Ground Rent for Sale. Freehold site of 0.41 acre - producing Ground rent of £311.98 pa

Freehold site extending to approximately 1,659 sq m (0.41 acres) which is subject to a 999 year lease, dating back from 1878 (approximately 858 years remaining) at an annual fixed rent of £311.98 per annum. We are informed that the leaseholder obtained a planning consent for demolition of the existing building and erection of 17 town houses, however whilst the buildings have been demolished the planning permission has not been implemented. The site is situated on the northerly side of Drake Street (A640), adjacent to Speedwell Garage, approximately ½ mile south of Rochdale Town Centre.

Tenure

Freehold

Energy Efficiency Rating (EPC)

Current Rating N/A

Local Authority

Rochdale 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.