Auction House London

Lot 77

Mixed Use - Commercial Property 

15-15A Market Street & 2 Lord Street

Bacup, Lancashire, OL13 8EX

£100,000+

Guide Price (plus fees)

A Commercial & Residential Investment Part Let Producing £8,100 per annum

Description

The property comprises a mid terraced building arranged over ground and two upper floors internally laid out to provide a ground floor shop with two x two bedroom self-contained flats above.

Tenure

Freehold

Location

The property is situated amongst the shops and amenities of Market Street. Nearby multiples include Morrisons, Santander, Lloyd's Pharmacy and local established traders. Transport links are provided by the A646 with links to Rochdale to the south and Burnley to the north.

Viewing Details

Thursday 22nd September 09:00-09:30

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Rent
15 Market Street Ground Shop Area Vacant Vacant
2 Lord Street First Two Bedroom Flat Let on an AST (holding over) at £325pcm £3,900
15a Market Street Second Two Bedroom Flat Let on an AST (holding over) at £350pcm £4,200

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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There are no internal viewings For further information, please register for the legal pack. For all enquiries, please contact Jordan Phillips at jordan@auctionhouselondon.co.uk
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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Enquire about 15-15A Market Street & 2 Lord Street, Bacup, Lancashire, OL13 8EX

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