Retail Property (out of town) for sale

113 Milnrow Road, Rochdale

Sold STC 52 sq. m. | £59,000

Property Description

Commercial information

  • 569 sq ft (52 sq m)

Full description

Tenure: Leasehold

LOCATION
OL16 5DN

DESCRIPTION
FOR SALE BY MODERN METHOD OF AUCTION: start bid £59,000 plus reservation fee. RETAIL LOCK UP SHOP WITH SEPARATE FIRST FLOOR ONE BED ACCOMMODATION: Situated in a retail parade on a busy main road position is this ground floor retail lock up shop, trading as a bookmakers, and a separate first floor flat which is accessed from the rear yard area. The shop comprises of an open plan retail area Zone A 21.60 sq m, Zone B with counter and office 19.30 sq m, Zone C 4.90 sq m and the a rear store room 7.10 sq m, total 52.90 sq m (570 sq ft). The first floor com prises of a rear entrance hall with staircase leading to the landing, lounge, bedroom, kitchenette and shower room. The property does require a degree of refurbishment throughout.Vacant possession.

ACCOMMODATION
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer´s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable reservation fee of 3.5% subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.
Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid. Both the starting bid and reserve price can be subject to change. Terms and Conditions apply to the Modern Method of Auction, which is operated by the Lancashire Property Auction powered by Iam-sold Ltd

To view or make a bid contact Kirkham Property or visit www.kirkham-property.co.uk

OUTGOINGS
Through enquiries with the Valuation Office Agency website it is noted that the property attracts a Rateable Value in the 2010 Ratings List of £4,950. (The Business Rates at present are set at zero). Please note the Rateable Value is not what you pay.

OTHER
EPC Rating Retail Unit-G
EPC Rating Residential-E
Leasehold property 999 years from 1919

VIEWING
Strictly by appointment with the agent: Kirkham Property, 509 Middleton Road, Chadderton, Oldham, OL9 9SH. Telephone 0161 925 3759 or email kath@kirkham-property.co.uk


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Rochdale (0.6 mi)
  • Milnrow (1.3 mi)
  • Smithy Bridge (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Kirkham Property, Chadderton - Commercial

509 Middleton Road, Chadderton, Oldham, OL9 9SH

0161 468 1483 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.

Floorplans


To view this property or request more details, contact:

Kirkham Property, Chadderton - Commercial

509 Middleton Road, Chadderton, Oldham, OL9 9SH

0161 468 1483 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

  • Rochdale (0.6 mi)
  • Milnrow (1.3 mi)
  • Smithy Bridge (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Kirkham Property, Chadderton - Commercial

509 Middleton Road, Chadderton, Oldham, OL9 9SH

0161 468 1483 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 100662022475. 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 Kirkham Property, Chadderton - 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 Kirkham Property, Chadderton - Commercial on 0161 925 3759.


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