LOT 58The lot on offer comprises 340 SQM (3,660 SQFT) of space in three separate commercial units fully let and a large large flat over which is tenanted. The owner inform us that the annual income is £26663 pa however please consult the leases in the legal pack.
The accommodation in the units and flat have been recently renovated to a good standard and are larger than average. The premises benefit from parking and yard space to the rear.
***** Please note our new venue: The Sheridan Suite, 371 Oldham Road, Manchester, M40 8RR *****
Before buying at Auction, it is essential that you read our Notice to Prospective Buyers and the Common Auction Conditions.
You must not bid unless you have made yourself fully aware of the auction process. If you require help with this, please contact a member of the auction team.
Overview
The property on offer includes three larger than average commercial premises, a spacious self contained one bedroom apartment and land. It has been owned by our client for many years and in its history has been used for personal business and more recently 122/124 was a popular restaurant. Number 120 is a tenanted beauty salon. Rents are circa £600-£800 per unit per month, fantastic yield potential. The property comes with yard space and rear parking. GIA circa 340 SQM (3,660 SQFT)
120 Market Street
120 Market Street is currently tenanted by a beauty treatment practice, the accommodation is very well presented and in good order.. Salon area with ancillary space on ground floor, upstairs treatment room.
122/124 Market Street
Formerly one restaurant, the accommodation is larger than average and has been modernised and repainted and in good order. Still can be used as one, but wall will need to be knocked through again in between the ground floor. Large retail/office/restaurant accommodation in two parts, large kitchen area, further smaller kitchen and associated WCs. First floor has separate WCs and office.
124a Market Street
The flat is rather spacious and in good order throughout with a new bathroom and recent kitchen, The long term tenant has kept this in great order.
Externally
Yard area to rear of 122 and 124, larger car parking area and yard to rear of 124/124a.
Notes
All plans and site plans are for purposes of identification and illustration only. Refer to the on line legal pack for the boundaries.
EPC Ratings
Available upon request.
Possession
120 and 124a are tenanted- lease details will be provided in the legal pack. Ground floor 122/124 plus office space are tenanted- details to follow in legal pack. Income reported as £26,663 per annum.
Who, When, Where
Edward Mellor Auction
The Sheridan Suite, 371 Oldham Road, Manchester M40 8RR
Important Notice
Before buying at Auction, it is essential that you read our Notices to Prospective Buyers and the Common Auction Conditions. These can be found on our website https://edwardmellor.co.uk/auctions/buying-at-auction. You must not bid unless you have made yourself fully aware of the auction process. If you require help with this, please contact a member of the auction team.
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65-81 St Petersgate
Stockport
Cheshire
SK1 1DS
