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THIS PROPERTY IS NO LONGER AVAILABLE

For Auction
Bradshawgate, Leigh, WN7

£60,000
Guide Price
  • Property at Bradshawgate, Leigh

Key Features

  • For Auction on 12th August 2020
  • Lot 62

Full Description

View this property on a map Superb investment location on high street in Leigh producing a yield on the guide of 12% with rent increase in two years.

94 Bradshawgate, Leigh

TO BE SOLD BY ONLINE AUCTION ON 12th AUGUST 2020.

If you intend to borrow any money from a financial institution please make sure they are in a position to provide the funding in a timely manner, as they are currently experiencing extreme demands. For further information you can call us on 0161 443 4740 to discuss your individual circumstances or email [email protected]

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.

Details

The property currently trades as cafe. From a brief look in to the cafe downstairs appears to be in good condition, kitchen not seen, staff WC not seen. The upper floor again has not been seen but is reported to have 2 rooms plus a bathroom.
GIA according to VOA data is circa 117 sq m (1,260 sq ft)

Notes

EPC rating E (114).

Possession

Tenanted: 6 year lease from March 2019 full repairing and insuring. Rent £7800 per annum first two years then rising to £9,000 per annum

Bidding Procedure

You will first need to create an account. This requires you to verify your email address, by clicking an activation link that we'll send to you.
Once you've created an account you can watch' lots that you're interested in (you'll be kept up-to-date throughout the auction cycle), as well as gain access to the legal packs. In order to place a bid on a lot, you will need to complete the bidder registration steps, as detailed below.
The first time you register to bid you will be asked to verify your mobile number and upload copies of your photo ID (e.g. Driver's licence or passport) and recent proof of address (dated within the last 3 months). We can then easily keep in touch and will identify you in the event of you purchasing a lot.

Important Notice

Before buying at Auction, it is essential that you read our Online Auction Buying Guide. This is on our website www.edwardmellor.co.uk
ews/online-auction-buying-guide.
You must not bid unless you have made yourself fully aware of the auction process. If you need help with this, please contact a member of the team.

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Auction Office

Borough Chambers
1 St Petersgate
Stockport
Cheshire
SK1 1EB

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