409 - 411 Bury New Road, Prestwich, M25 1AA

£200,000

Guide price

For sale via Pearson Ferrier Auctions starting Tuesday 10th September, bidding will be on the Pearson Ferrier website and you can register to bid now. Two commercial properties located in Prestwich village. The properties are currently let (lease information in legal pack and in additional information) making this an ideal buy to let purchase with an immediate income. There are three separate tenants with 409 having one tenant and 411 having a tenant to the ground floor and a tenant to the first floor who also occupies the adjoining building (413) and we have been informed that they have opened an access from that building. The properties are located in the thriving area of Prestwich, close to other commercial properties and offering good access to Manchester city centre and the M60 motorway. Please note that the internal details are for 409 only as we have not had access to 411. Auction guide price £200,000 - £250,000. Buyers are advised to check the legal pack before bidding, this will be available on the Pearson Ferrier website via the bidding window on the property when available. Any changes to the details will be updated on the Pearson Ferrier website before the auction. Pre auction offers are invited under auction conditions.

Internal of 409

Front shop area - 5m x 4.06m

Rear shop area - 3.64m x 3.5m

Kitchen - 2.58m x 1.97m

Downstairs W.C.

Rear Hall - Has access to the cellar under the stairs

Landing - Has a fire exit door coming in from 411

Treatment room - 3.6m x 2.42m

Treatment room - 2.64m x 2.43m

Kitchen - 3.8m x 1.23m

Bathroom - 2.3m x 2.3m

Additional Information

Tenure - Freehold

EPC - 409 - E - 105

EPC - 411 - D - 98

Leases In Place:

409 - Let at £9,732 pa, lease from 1st April 2021 to 31st March 2024 - The tenant is still in place and have informed us that they will be looking to stay.

Ground Floor 411 - Let at £5,220 pa, lease from 1st April 2022 to 31st March 2025.

First Floor 411 - Let at £2,900 pa, lease from 1st May 2016 to 30th April 2026.

Full details on the leases can be found in the legal pack.

Auction Information

Please note that with the property being tenanted no access will be given for viewings.

The auction is a traditional auction with exchange on the winning bid and completion taking place within 20 working days from the auction (unless stated otherwise in the legal pack).

Buyer's Fees - There is a buyer's premium charge of £2,500 + VAT or 2% of the purchase price (whichever is greater) and a buyer's administration fee of £500 + VAT. If there are any disbursements from the sellers side these will be detailed in the legal pack. Buyer's are advised to check the legal pack before bidding.

Every effort has been made to confirm the accuracy of the details including any defects with the vendor and their solicitor. Pearson Ferrier will not be held responsible for any failure to disclose any such defects. Any purchasers buying without viewing, or if not available carrying out a survey are doing so at their own risk and acknowledge that Pearson Ferrier will not be held responsible for any issues that may arise due to them being unintentionally missed from the advert.