For Sale By Auction | 12:00, 15 May 2024 | Lot 74

1095 Rochdale Road, Manchester, Greater Manchester M9 7FW

*Guide | £95,000 (plus fees)

  • Commercial Property
  • Tenure: Freehold

Call the team on 01772 772450 for more information

Auction Date

Wed 15/05/2024

Auction Time

12:00

Auction Venue

Online Auction

Viewing Times:

Sat 11 May

10:00-

Detached Vacant Commercial Unit Previously Used As Offices

************Viewing Date Saturday 11th May at 10am****************** Introducing an exceptionally rare property investment or development opportunity in Greater Manchester. A prime investment or development opportunity is currently an attractive office building nestled in the highly coveted area of Rochdale Road, Greater Manchester. Additionally the property benefits from being in an area of good footfall & passing traffic with prominent frontage on to the main road. The M60 motorway can be accessed in approximately less than a mile with Manchester City Centre in approximately three miles centres providing exceptional transport links. This investment or development opportunity could be suitable as a turn key commercial investment once tenanted, instant office space to utilise or could be developed into a wide variety of different usages such as a residential development subject to the necessary planning consent. Auction House Northwest has been informed by the vendor this property was achieving a yearly yield of approximately 10% p.a when tenanted. Please direct all planning enquiries towards Manchester Council. Local transport links & towns: • Moston 1.8 miles • Manchester Victoria 2.7 miles • Salford Central 3.2 miles • Manchester Piccadilly 3.3 miles • Salford Crescent 3.5 miles • Manchester Oxford Road 3.6 miles Tenure: Freehold Title number: GM533932 Council Tax Band : Local Authority: Manchester 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.

Energy Efficiency Rating (EPC)

Current Rating E

Local Authority

Manchester City Council

Solicitors

Birchall Blackburn Law, Ref: Jane Lockwood, Tel: 01772 552187

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 - £1500 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.