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Property description

Guide Price = £65,000+

*For Sale By Online PublicAuction 22nd May 2024 10:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*

An End of Terrace Mixed Use Building Arranged to Provide a Ground Floor Retail Unit and a First Floor Flat Subject to a Tenancy Producing £7,200 Per Annum.

Tenure
Virtual Freehold. The property is held on a 999 year lease from 25th March 1868 (thus approximately 843 years unexpired).

Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Central Park are within easy reach. Transport links are provided by Atherton rail station.

Description
The property comprises an end of terrace building arranged to provide a ground floor retail unit and a first floor flat.

Accommodation
Ground Floor
Retail Unit

First Floor Flat
Not Inspected

Accommodation
Tenancy
The property is occupied. The seller and the auctioneers have no further information with regards to any existing tenancy. Buyers must rely on their own enquiries. We believe that the property is subject to an lease for a term of 15 years commencing 12th December 2016 at a rent of £7,200 per annum.

Note
The property has not been inspected by Auction House London. All information has been supplied by the vendor.

Note
There are no internal viewings

Addendum
Please note that this property is subject to a Buyers Premium of £900 inc VAT. This is in addition to the buyer's admin fee of £1,500 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers.
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Lancashire, M46 0DF

Marketed by

Auction House London - Hampstead 5 Hampstead Gate, 1a Frognal Hampstead, London NW3 6AL
Call agent on 020 7625 9007
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