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250 Bury New Road, Whitefield, Manchester M45 8QN

Lot no: 29 Sold at Auction for £312,000
 

Guide Price £250,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 27th April 2023

10.00am
Key Features
  • Three storey commercial property
  • Close proximity to amenities
  • Comes with four allocated parking spaces
  • EPC Rating: C
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Sold at Auction for £312,000

Commercial Property

Property Description:

Three storey, commercial property in North Manchester suitable for change of use(subject to planning).

The property sits prominently on Bury New Road within Whitefield, close to a full range a shopping amenities as well as many popular bars, restaurants and public houses. Whitefield tram station is within walking distance and offers regular services into Manchester City Centre. The property is offered with vacant possession and was most recently used as a popular sun-bed shop to the ground floor and offices on the first and second floors, it is now thought to be suitable for a change of use, subject to all necessary building and planning consents. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding. Externally, the site comes with four allocated parking spaces.

Ground Floor:
Commercial Unit – Tanning Shop
Reception - 18ft6 x 7ft7
Toilet - 2ft3 x 3ft10
Storage -
Tanning Room One – 7ft4 x 4ft2
Tanning Room Two – 8ft4 x 6ft9
Tanning Room Three - 8ft4 x 6ft8
Tanning Room Four - 9ft x 6ft7
Tanning Room Five - 9ft1 x 6ft7
Tanning Room Six - 7ft1 x 9ft1
First Floor:
Office - 18ft3 x 16ft9
Kitchen - 9ft5 x 9ft11
Toilet - 6ft3 x 8ft9
Second Floor:
Office One - 16ft7 x 18ft
Office Two - 13ft8 x 9ft11
Draft Sales Details

These sales details are awaiting vendor approval.

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 Variable 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 fees apply:

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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.