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1 Bourdon Street, Miles Platting, Manchester, M40 7DB

Lot no: 1 Sold at Auction for £275,000
 

Guide Price £150,000 - £200,000 plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Monday 23rd July 2018

6.30pm
Key Features
  • Guide Price: £150,000 - £200,000
  • Former public house with approved planning permission for four apartments
  • Located in the residential area of Miles Platting
  • Total site area 463.00 Sq. Meters
  • EPC Rating: E
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Sold at Auction for £275,000

Residential Development

Property Description:

Former public house located in a predominantly residential area of Miles Platting, on the border of New Islington with views across Anocoats and Manchester city centre. The current accommodation benefits from gas central heating and double glazing and the ground floor has already been cleared/stripped by the current vendors. Planning permission was granted on 15th March 2018 for the conversion into four apartments overlooking Rochdale Canal. Further information can be found in the legal pack and at Manchester.gov website (ref 119304/FO/2018). Total site area: 463.00 Sq. Meters (not verified by auctioneers).

Ground Floor:

Bar and lounge area, public WC’s.

First Floor:

Three double bedrooms, Bathroom, Lounge leading to Kitchen Diner.

Outside:

Yard

Tenure:

Freehold. Vacant possession upon completion.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

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 auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s 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
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.