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8 Bury Old Road, Whitefield, Manchester M45 6TF

Lot no: 123 Sold Prior to Auction
 

Guide Price £150,000+ 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.

Thursday 23rd February 2023

10.00am
Key Features
  • Commercial premises with substantial space above
  • Close proximity to City Centre
  • Good transport links
  • EPC Rating: C
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Sold Prior to Auction

Mixed Use

Property Description:

A three storey property, comprising a ground floor commercial premises with substantial space above, suitable for a variety of uses(subject to obtaining planning permission). Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.

This three storey property is situated in a prime location on Bury Old Road, just off the M60 ring road and surrounded by a variety of both commercial and residential properties. The property sits within easy reach of Whitefield, Prestwich, Bury and Manchester city centre is also less than five miles from the property. The local area comprises all necessary amenities and services including shopping facilities, several bars and eateries and plenty of outdoor spaces. In terms of transport links, there are good road connections surrounding the area, with the M60 easily accessible. There are good public transport services in the area including a regular bus network and Metrolink services operating within half a mile.

The property itself includes a large commercial premises to the ground floor, most recently operating as a restaurant. The first floor and attic both provide plenty of space and potential, well suited to a residential conversion, subject to planning permission. The property also benefits from a cellar with good head height.

Cellar - 17ft 6 x 12ft2
Ground Floor:

Comprising -

Front of Shop - 25ft2 x 16ft7
Kitchen - 10ft x 6ft5
Room One (Rear) - 8ft8 x 17ft
Room Two (Rear) - 12ft5 x 6ft7
Storage
First Floor:

Consisting of

Room One - 16ft6 x 11ft8
Room Two - 10ft9 x 12ft3
Toilet - 5ft31 x 4ft2
Attic - 21ft4 x 16ft8
Tenure:

Leasehold. 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 (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms.


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 £1074 inc. VAT

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.

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.