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285-287 Chorley Road, Swinton, Manchester, Greater Manchester, M27 6AZ

Guide Price
£165,000

Business rates & charges may apply

PUGH & COMPANY LIMITED, Manchester
SIZE

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SECTOR

Commercial property for sale

Key features

  • TO BE SOLD BY PUBLIC ONLINE AUCTION ON THE 27TH MARCH 2024.
  • PLEASE BE AWARE THAT THESE DETAILS ARE OFTEN UPDATED AND SUBJECT TO CHANGE ANY TIME BEFORE THE AUCTION.
  • YOU MUST NOT RELY ON THE INFORMATION BELOW AND SHOULD VIEW FULL PARTICULARS AND ANY ADDENDUMS ON THE AUCTIONEER'S WEBSITE.

Description

Description

Prominently positioned mixed-use investment, currently producing £19,800 per annum.

The property forms part of a mid terraced retail parade with two bedroom flat and is of brickwork construction under a pitched slate roof.

The property provides accommodation on the ground floor which is mainly open plan, including two beauty rooms with staff toilets and kitchen to the rear. The ground floor is let on a new five year lease at a rental of £10,800 per annum with rent-review at the end of the third year. The first floor two bedroom flat has separate access from the rear and has now been let on a one year AST at £750 per calendar month.
Accommodation: Ground floor 753 sq.ft. approx. First floor Flat Not Measured


Location

The property is located in a prominent position on Chorley Road, on the outskirts of Swinton Town Centre. Swinton is approximately six miles North West of Manchester City Centre, and approximate five minute drive from the M60 connecting the whole of Greater Manchester. The parade is 0.2 miles from Swinton Square Shopping Centre, which includes tenants such as Boots, Asda, Greggs and Costa. The immediate vicinity is mostly residential.

Planning

Interested parties should consult direct with the Local Planning Authority: Salford City Council, Civic Centre, Chorley Road, Swinton, Salford, M27 5FJ. Telephone: . Email: planning.

General

1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 26TH MARCH AND CLOSES ON WEDNESDAY 27TH MARCH.

3. The property is entered in the 2023 Rating List as "Shop and Premises" with a Rateable Value of £5,800. The Rateable Value (RV) is not the amount payable.

4. Energy Performance Certificate = C.

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

Tenancy

Lease Terms: Ground Floor - let on a new five year lease at £10,800 per annum on a full repairing and insuring lease. First Floor Flat - let on a new one year AST at £9,000 per annum. There is a rent-review at the end of the third year.

285-287 Chorley Road, Swinton, Manchester, Greater Manchester, M27 6AZ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Swinton (Gtr. Manchester) Station0.2 miles
  • Moorside Station0.5 miles
  • Clifton Station1.3 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 115188FH. 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 PUGH & COMPANY LIMITED, Manchester. 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 PUGH & COMPANY LIMITED, Manchester on 01942 559576.

*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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