Tenanted Ground Floor Retail & x2 Flats – Total income of £25,140pa

NO VIEWINGS AVAILABLE Auction House North West has not inspected the subject property but have been advised that this is an end terrace property on a parade of four shops and is currently split between retail and residential. 252 - To the front of the ground floor is a self-contained retail premises currently trading as a mobile phone shop with one open plan area. This is currently occupied by the owner. 252a - To the rear of the ground floor is a one-bedroom ground floor flat comprising of a living room, kitchen, bedroom and shower room. This is currently tenanted from 3 June 2024 until 7 June 2026, paying £1,100pcm / £13,200pa. 252b – To the first floor, there is a self-contained flat with its own private entrance to the rear. Comprising of a living room, kitchen/diner and family bathroom. Stairs from the kitchen lead to a second-floor bedroom within the roof space. This is currently tenanted from 20 May 2025 until 21 May 2026, paying £995pcm / £11,940pa. Externally there is off road parking to the front. Taken from the current EPC’s for the property, the total floor area is shown as: 252 – 19 m2 252a – 58 m2 252b – 42 m2 Tenure: Leasehold Title number: GM143115 Length of Lease: 999 years from 24 December 1931 Ground Rent: Please refer to the legal pack Service Charge: Please refer to the legal pack Council Tax Band: 252: Business Rates 252a: A 252b: A Local Authority: Bury Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Leasehold.

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 252 – C, 252a – E, 252b - D

Local Authority

Bury Metropolitan Borough Council

Solicitors

Priority Law Limited, Ref: Anthony Akka, Tel: 0161 2077600

Additional Fees

Administration Charge - 2.5% inc VAT of the purchase price, subject to a minimum of £2500 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.