Fern Street, Oldham, Greater Manchester, OL8
- PROPERTY TYPE
Commercial Property
- BEDROOMS
1
- SIZE
Ask agent
Key features
- Mixed use investment property
- 2 x 1 bed flats and ground floor commercial unit
- Ground floor let to barbers at £500 pcm (holding over)
- Both flats let to Serco at £500 pcm each
- EPC 'D' and Council Tax 'A' for flat 30a Fern Street
- EPC 'D' and Council Tax 'A' for flat 30b Fern Street
- EPC 'C' for the commercial unit at 30 Fern Street
- Total rental income £18,000 per annum
- Freehold
- TO BE SOLD AT AUCTION WITH SDL ON 27/11/25
Description
Fully let - total rental income of £18,000 per annum.
G/Floor Unit- Let as a Barbers @ £500 pcm. 5 year lease from 2017 (holding over).
Both flats let to Serco at £500 pcm each on a 6 year and 11 month lease from 01/09/2023.
FREEHOLD
TO BE SOLD AT AUCTION WITH SDL on 27/11/25.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
* 5% deposit (subject to a minimum of £5,000)
* Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
Fern Street, Oldham, Greater Manchester, OL8
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Westwood Tram Stop0.6 miles
- Oldham Mumps Station1.0 miles
- Hollinwood Station1.3 miles
Notes
Disclaimer - Property reference 30Fer. 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 Aubrey Lee & Co, Blackley. 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 Aubrey Lee & Co, Blackley on 0161 524 3119.
*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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