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12a Liverpool Road, Cadishead, Manchester, M44 5AF

Lot no: 17 Withdrawn
 

Guide Price £98,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Tuesday 12th December 2017

12.30pm
Key Features
  • Mixed use freehold investment opportunity
  • Ground floor retail unit and residential first floor accommodation
  • Excellent investment opportunity
  • EPC Rating: Awaited
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Withdrawn

Mixed Use

Property Description:

A prominent mid-terraced property including retail accommodation at ground floor level, with accompanying residential accommodation at first floor level and separately to the rear. The property divides readily into 3 separate areas, accessed via the front elevation to the front retail area, which has been fitted out to a modern specification and trades as hairdressers. Access is provided internally to first floor living accommodation, with 2 spacious rooms plus a bathroom and kitchen area. A rear yard area provides separate access to a further ground floor residential area, with 1 main room, a kitchenette and bathroom.

Location

Situated within a parade of similar commercial premises, with frontage to Liverpool Road (the B5320), in an established area to the West of Manchester, within close proximity to Irlam Station, and with easy access to the M62 and M60 to the north and east.

Tenure

We understand the property is held freehold, but subject to agreements with the existing tenant covering the retail unit (£300 pcm) and first floor accommodation (£440 pcm). We further understand that the vacant accommodation to the rear has previously let at circa £300 pcm.
We have not had sight of any legal documentation relating to the premises but further information will be provided within the legal pack.

Tenure:

Freehold. Subject to tenancy.



Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.