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Commercial Property for sale

Missouri Avenue, SALFORD

Guide Price* £175,000

Property Description

Key features

  • AUCTION HOUSE COMMERCIAL TO BE SOLD BY PUBLIC AUCTION ON THURSDAY 15TH DECEMBER 2016
  • BOLTON WANDERERS FOOTBALL GROUND, MACRON STADIUM, PLATINUM SUITE, BURNDEN WAY, BOLTON, BL6 6JW
  • GUIDE PRICE: 175,000
  • START TIME: 2:00PM
  • INDUSTRIAL INVESTMENT LET TO "A-PLANT"
  • GROSS RENT 18,000 PAX
  • MODERN INDUSTRIAL UNIT- 560.8 SQ.M (6036 SQ.FT)
  • EPC : F - 139

Full description

Single storey modern industrial unit which extends to 560.8 sq m (6,036 sq ft), benefitting from an eaves height of approximately 3.27 m, roller-shutter loading door access and communal service yard/parking area. The property is situated on the west side of Missouri Avenue close to its junction with Eccles New Road (A57) and approximately two miles west of Manchester City Centre. The property is currently let to Ashtead Plant Hire Company Ltd (A-Plant) for a term of five years from 5th June 2015 at a current passing rent of £18,000 p.a.x. The lease is drawn on full repairing and insuring basis (subject to a photographic Schedule of Condition). The tenant has an option to determine a lease at any time on or after 4th June 2018 provided three months prior notice is given. A-Plant is one of the UKs largest plant, tool and equipment hire companies forming part of FTSE 100 company Ashtead Group PLC, they are the second largest equipment rental company in the world. We are informed that the property is held long leasehold for a term of 125 years (less seven days) from 15th December 1983 (thus having approximately 92 years unexpired) at a current rent of £2,144.13 per annum. Further details available within the legal pack.

Viewings

Please contact Roger Hannah & Co on 0161 817 3399


Map & Street View

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*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.”

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 on 01772 772450.


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