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57A & 57-59 Cross Street, Nelson, Lancashire BB9 7NQ

Guide Price
£90,000

Business rates & charges may apply

Auction House North West, Commercial
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SECTOR

High street retail property for sale

Key features

  • X2 Tenanted Retail Units
  • NO VEIWINGS AVAILABLE
  • SOLD WITH TENANTS IN SITU
  • Total Income of £14,520pa

Description

Online auction 14th-15th July 2026

X2 Tenanted Retail Units – Total Income of £14,520pa

NO VIEWINGS AVAILABLE – SOLD WITH TENANTS IN SITU

Auction House North West has not inspected the subject property. However, we have been advised this is a two-storey mid terrace building which is being sold with tenants in situ.

Tenancy:
57a – currently trading as Faiza Beauty and residing on both the ground floor and the first floor above the neighbouring properties. Taken from the current VOA, the total floor area is shown as 68.3 m2.

We have been advised they are on a 5 year tenancy from and including 1st August 2023 with a break clause included after 3 years. The rental income stated on the tenancy agreement is £625pcm / £7,500pa.

57-59 – currently trading as dels Hair Salon and comprises of a double fronted ground floor retail unit. Taken from the current VOA, the total floor area is shown as 38.8 m2.

We have been advised they are on a 5 year tenancy from and including 1st September 2023 with a break clause included after 3 years. The rental income stated on the tenancy agreement is £135 per week / £7,020pa.

The total rental income for both units is £14,520pa. For more information relating to the tenancies, please refer to the legal pack.


Tenure: Leasehold
Title number: LAN71737
Length of Lease/Term: 999 years from 27 September 1877
Ground Rent: Please refer to the legal pack
Service Charge: Please refer to the legal pack
Local Authority: Pendle

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

Administration Fee: 2.75% inc VAT of the purchase price, subject to a minimum of £2750 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.

57A & 57-59 Cross Street, Nelson, Lancashire BB9 7NQ

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Nelson Station0.2 miles
  • Brierfield Station1.3 miles
  • Colne Station1.8 miles

About Auction House North West, Commercial

14 St Mary's Parsonage, Manchester, M3 2DF

At Auction House North West we sell from a diverse catalogue, offering specialist advice both in the residential and commercial sectors. We provide unrivalled coverage of the North West region with active offices in both Manchester City Centre and Preston.

The creation of 'Auction House North West' is testament to the direct demands of North West Investors, who are constantly seeking speedy and transparent options to both purchase stock and dispose of their existing property portfolios, by marketing to the right clientele with the minimum of fuss. All under the guidance of specialist property auction experts.

Auction House North West combines commercial and residential lots from Greater Manchester, Merseyside, and Lancashire into one substantial catalogue and vibrant auction, serving the whole of the North West.

Notes

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Disclaimer - Property reference 202606080941sq_wevj. 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 Auction House North West, 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.

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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