Mixed Commercial & Residential

Auction House North West have not inspected the property but have been advised that the property provides a fully let mixed commercial and residential mid terrace premises of traditional construction with brickwork elevations under pitched slate roofs. The three properties are self-contained and separately accessed. Total Income: £33,900 per annum For more information relating to the tenancy agreements, please refer to the legal pack. Location The property is located at the junction of Wellington Road North, School Lane and Heaton Moor Road and is a short drive from the centres of Stockport and Levenshulme. - Stockport: 1.5 miles - Manchester: 6 miles - M60: 2 miles Tenure: Freehold Title number: GM864383 Council Tax Band: Retail Units: Business Rates, 348a Wellington Road North: A Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

51-53 School Lane (Retail Unit) – Total of 570 Sq. ft

Let February 2024 for a term of 5years subject to a passing rent of £12,000 pax. LHS: 314 Sq. ft overall - 17’7’’ x 17’9’’ Central section: 8 Sq. ft - 8’5’’ x 0’11’’ RHS: 248 Sq. ft overall - 14’1’’ x 17’7’’ W.C including toilet and sink

348 Wellington Road North (Retail Unit) - 678 Sq. ft

Let from April 2023 for a term of 5 years subject to a passing rent of £12,000 pax. Main Sales: 348 Sq. ft overall Mid sales: 89 Sq. ft - 7’10’’ x 11’5’’ Store: 115 Sq. ft - 11’1’’ x 11’0’’ Store: 53 Sq. ft - 7’9’’ x 6’10’’ Store: 21 Sq. ft - 5’11’’ x 3’5’’ Kitchen: 52 Sq. ft overall

348a Wellington Road North (2 Bedroom Flat) - 762 Sq. ft

Let on an AST for £825pcm / £9,900 per annum. Living room: 215 Sq. ft - 18’1’’ x18’1’’ Bathroom: 45 Sq. ft - 6’11’’ x 6’5’’ Kitchen: 105 Sq. ft - 9’2’’ x 11’4’’ Landings: 73 Sq. ft overall Bedroom: 140 Sq. ft - 11’8’’ x 11’11’’ Second Floor landing: 12 Sq. ft Second Floor bedroom: 172 Sq. ft overall

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Energy Efficiency Rating (EPC)

Current Rating 348: E, 348a: D, 51-53: D

Local Authority

Stockport Metropolitan Borough Council

Solicitors

Haworth & Lees Solicitors Ltd, Ref: Haworth & Lees Solicitors Ltd

Additional Fees

Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 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.