Commercial Property
A superb revisionary investment property situated in a prime location within Whitefield.
Comprising of a terraced commercial building offering office space over two floors and yard to rear. Benefitting from PVC double glazing and gas central heating.
We are informed that the rear of 156 Bury New Rd forms part of the sale . Access is via 154 and comprises of two offices.
The property is in a popular trading location within a parade of other local business premises and give good access to both the Motorway and Metro.
Offered let at £14,000 per annum on a FRI lease. The lease is outside the 1954 Landlord and tenant act. The tenancy commenced on 1st March 2023.
A great investment in highly popular area with income from day one.
Please note the internal photos were taken from the previous tenancy prior to March 2023 and are for indicative purposes only. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Main reception, board room, kitchen and WC
Office one, office two and WC
Rear Yard
Standard - 19 mbps, Superfast - 80 mbps and Ultrafast - 1000 mbps available
O2, EE, Three and Vodafone available
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
These sales details are awaiting vendor approval.
Leasehold. Subject to tenancy.
831
- Heating Supply: Double Glazing, Gas
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
On Street
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
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 auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers 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 Price
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.
