Parking Spaces Nos 6-10 (incl), Fresh Apartments, 138 Chapel Street, Salford, Greater Manchester M3 6AF
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- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Five Secure Parking Spaces
- Currently Let
- Producing £650 pcm / £7,800 pa (June 2024)
- Potential to Increase to £800 pcm / £9,600 pa.
- Roller Shutter Access
- Close to City Centre
Description
Online Auction - 18th to 19th August 2025
Five Secure Parking Spaces – Currently Let
Five car parking spaces in a row, situated within a large secure allocated car park with 24/7 roller shutter access within Fresh Apartments, a residential development near Salford Central (Spinningfields) Station.
Tenancies
We have been provided with a tenancy schedule dated 15/6/2024 which shows the spaces are let to private individuals and businesses at a total rent of £650 pcm / £7,800 pa. Please refer to the legal pack for the latest tenancy schedule.
Spaces in this car park are currently advertised at £160 pcm per space. If all spaces were let at this level, the spaces could produce £800 pcm / £9,600 pa.
Location
Ideal for local residents living in The New Bayley, Spinningfields, Model Lodging House, City Point 1 and 2, Fresh, Leftbank and The Bridge. A great location for commuters, close to The Lowry Hotel, St Ann's Square, St Mary's Parsonage, Spinningfields and the top end of Deansgate, the building is accessed from Trinity Way via Chapel Street
Tenure: Long Leasehold
Title number: MAN119592
Length of Lease/Term: 250 years from October 2007
Local Authority: Salford
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: Leasehold
Lease Details: MAN119592
Administration Fee: 2.5% 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.
Parking Spaces Nos 6-10 (incl), Fresh Apartments, 138 Chapel Street, Salford, Greater Manchester M3 6AF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Salford Central Station0.1 miles
- Manchester Deansgate-Castlefield Tram Stop0.5 miles
- Manchester Victoria Station0.5 miles
Notes
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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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