Comprises 4 retail units with 8 residential flats above
Town centre location
Active management potential
Nearby occupiers include NatWest Bank, TSB Bank and Co-operative Food
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 49
Auction 7th July 2016
Rent £23,580 per Annum Exclusive
Status Withdrawn Post
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Squafre London W1H 7BG
On behalf of Joint LPA Receivers Savills
Property Information
Location
Miles
21 miles west of Manchester, 16 miles north-east of Liverpool, 11 miles south-west of Bolton
Roads
M6 (Junction 24) A58, A580
Rail
Bryn Railway Station
Air
Manchester Airport
Situation
The property occupies a prominent corner position on Gerard Street (A58) and at its junction with Warrington Road. Junction 24 of the M6 is situated some 800 metres to the west. Nearby occupiers include NatWest Bank, TSB Bank and Cooperative Food.
Tenure
Freehold.
Location
Miles
21 miles west of Manchester, 16 miles north-east of Liverpool, 11 miles south-west of Bolton
Roads
M6 (Junction 24) A58, A580
Rail
Bryn Railway Station
Air
Manchester Airport
Situation
The property occupies a prominent corner position on Gerard Street (A58) and at its junction with Warrington Road. Junction 24 of the M6 is situated some 800 metres to the west. Nearby occupiers include NatWest Bank, TSB Bank and Cooperative Food.
Tenure
Freehold.
Description
The property comprises a corner parade of 4 retail units with 8 residential flats on the first and second floors. The property benefits from rear access off Butchers Lane.
VAT
VAT is not applicable to this lot.
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a corner parade of 4 retail units with 8 residential flats on the first and second floors. The property benefits from rear access off Butchers Lane.
VAT
VAT is not applicable to this lot.
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
(1) Respective Associates Limited was incorporated in November 2005. Ashtons Estate Agents operate from 8 outlets in the North West of England. (Source: www.ashtons.net) For the year ending 31st March 2015, Respective Associates Limited reported a total net worth of £492,506. (Source: www.riskdisk.com) (2) The lease provides for a tenant option to determine the lease on 8th October 2017. (3) The tenant pays the rent monthly. (4) The tenant has expressed an interest in signing a new lease.
