Land and Buildings, North West side of, New Viaduct Street, Miles Platting, Greater Manchester M40 7BT
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Land for sale
Key features
- Tenanted Storage Yard Approximately 1.1 Acres
- Development Potential (STP)
- Currently Tenanted
- Producing £61,500 per annum.
- Adj New Co-op Live Arena & Etihad Campus (Man City FC)
Description
Online Auction 14th - 15th May 2024
Tenanted Storage Yard Approximately 1.1 Acres – Development Potential (STP)
Tenanted storage yard extending to approximately 1.1 acres (48,787 sq. ft.) which is let in its entirety to Manchester Storage Ltd (container self storage) with approximately 5 years remaining on the lease. The current rental income is £61,500 per annum.
The yard is conveniently located adjacent to one of the main entrances to the new Co-op Live Arena and within a few hundred meters of the Etihad Campus (Manchester City FC).
Manchester City Centre is located approximately 1 ¼ miles to the west.
The yard may offer redevelopment potential subject to the necessary consents being obtained.
Tenure: freehold
Title number: GM40479
Council Tax Band: n/a
Local Authority: Manchester
Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/
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.
Tenure: Freehold
Administration Fee: 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.
Land and Buildings, North West side of, New Viaduct Street, Miles Platting, Greater Manchester M40 7BT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Holt Town0.6 miles
- New Islington Tram Stop0.8 miles
- Ashburys Station1.3 miles
About Auction House North West, Commercial
14 St Marys Parsonage, Manchester, M3 2DF
At Auction House North West we sell from a diverse catalogue, offering specialist advice both in the residential and commercial sectors. We provide unrivalled coverage of the North West region with active offices in both Manchester City Centre and Preston.
The creation of 'Auction House North West' is testament to the direct demands of North West Investors, who are constantly seeking speedy and transparent options to both purchase stock and dispose of their existing property portfolios,
Notes
Disclaimer - Property reference 202404040957sq_o4tz. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House North West, Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House North West, Commercial on 0161 524 6307.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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