Commercial Property for sale

Liver House, Liverpool Road, Eccles, Manchester, M30 7HD

Guide Price* 1 sq. m. | £925,000

Property Description

Commercial information

  • 10 sq ft (1 sq m)

Key features

  • 18 Flat Apartment Block
  • Freehold Interest of 18 Units
  • 9 Flats With Rental Income of Approx 62,000 PA
  • 150 Year Leasehold on 12 Unsold Units
  • All Fully Furnished

Full description

Tenure: Leasehold

FOR SALE BY AUCTION on 14th December 2016 at 1PM. Starting Bid 925,000 Auction to be held at Marriott Hotel in Preston. Terms & Conditions Apply.

Pattinsons are delighted to offer the investment opportunity of twelve fully furnished residential apartments Manchester. The apartment has tenants in situe on a six month contracts then become rolling contracts after the six month period is over. The freehold of the full block of 18 apartments is also included within this sale.

Please Note: Pattinson have not inspected this property.

LOCATION
The subject property is situated on Liverpool Road within the Eccles area of Manchester and is surrounded by a number of amenities such as universities and colleges, restaurants and takeaways, The Lowry outlet mall, Trafford Centre and transport links such as Manchester Piccadilly station and Salford Train Station.

ACCOMMODATION
The block comprises of 18 fully furnished apartments.

TENURE
Long Leasehold: 150 years from 2006 (140 years unexpired).

EPC
We await a copy of the Energy Performance Certificates.

VAT
Unless otherwise stated, all stated figures are expressed exclusive of VAT. We await confirmation that VAT is payable on this transaction.

AUCTION INFORMATION
The subject property is sold under the buyer premium section of the auction; this means a successful buyer shall pay a premium of 5% against the final agreed purchase price plus VAT, subject to a minimum fee of 5,000 Pounds plus VAT, to Keith Pattinson Ltd on acceptance of an offer. THIS FEE IS NON REFUNDABLE.

This commercial property is also unconditional; this means that a successful bidder upon acceptance of an offer must pay the buyer premium plus VAT to Keith Pattinson Ltd, and is also required to exchange contracts on the day together with the submission of a 5% deposit against the purchase price. Completion will thereafter take place no more than 28 days later. Interested parties should ensure they have satisfied themselves of all queries prior to auction as all acceptable bids are legally binding. This means any interested parties wishing to make an offer on a property/site must be in funds for both the buyer premium and the deposit, both to be placed with and held by Keith Pattinson Ltd.

Nearest stations

  • Patricroft (0.5 mi)
  • Eccles (1.2 mi)
  • Eccles (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Patricroft (0.5 mi)
  • Eccles (1.2 mi)
  • Eccles (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 2262. 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 Pattinson Estate Agents, 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.

*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 Pattinson Estate Agents, Commercial on 0191 2324392.


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