For Sale By Auction | 12:00, 14 February 2024 | Lot 64

121 Chorley Road, Swinton, Manchester, Greater Manchester M27 4AA

Sold £166,000

  • Restaurant
  • Tenure: Freehold

Call the team on 01772 772450 for more information

Auction Date

Wed 14/02/2024

Auction Time

12:00

Auction Venue

Online Auction

Tenanted Takeaway Restaurant – Producing £18,000 pa

Tenanted takeaway restaurant with first floor flat / staff area, occupying a part single, part two storey inner terraced property. Briefly comprising ground floor takeaway / restaurant (plus basement storage) with first floor flat / staff area (not self-contained). We have been provided with the following approximate floor areas: Ground Floor (net basis but including WCs) 1,039 sq. ft. Basement 161 sq ft. First Floor not measured but believed to be 500 sq. ft. Tenancy Let by way of a 10-year lease from 30th May 2022 to Dok Mali Limited at a rent of £1,500 pcm / £18,000 pa. the lease incorporates a rent review at 30th May 2025. Location Occupying a prominent location on the north side of Chorley Road (A6) in the centre of Swinton next to Domino’s Pizza and opposite the cenotaph and Civic Centre with Swinton Square Shopping Centre closeby. Manchester city Centre is approximately 4 miles to the east. Tenure: Freehold Title number: LA248469 Local Authority: Salford Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

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

Solicitors

Irwin Mitchell, Ref: Irwin Mitchell

Offered in association with

Sanderson Weatherall

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - 1.2% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

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.