Five Secure Parking Spaces – Currently Let

Five car parking spaces, situated within a large secure allocated car park with 24/7 roller shutter access within Fresh Apartments, a residential development near Salford Central (Spinningfields) Station. Tenancies We have been provided with a tenancy schedule dated 15/6/2024 which shows the spaces are let to private individuals and businesses at a total rent of £650 pcm / £7,800 pa. Please refer to the legal pack for the latest tenancy schedule. Spaces in this car park are currently advertised at £160 pcm per space. If all spaces were let at this level, the spaces could produce £800 pcm / £9,600 pa. Location Ideal for local residents living in The New Bayley, Spinningfields, Model Lodging House, City Point 1 and 2, Fresh, Leftbank and The Bridge. A great location for commuters, close to The Lowry Hotel, St Ann's Square, St Mary's Parsonage, Spinningfields and the top end of Deansgate, the building is accessed from Trinity Way via Chapel Street Tenure: Long Leasehold Title number: MAN112810 Length of Lease/Term: 250 years from October 2007 Ground Rent : £see legal pack Service Charge: £ Council Tax Band : Local Authority: Salford Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Leasehold. MAN112810

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.

Local Authority

Salford City Council

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.