Lot 73
Commercial Property - Commercial Property
48-58 Melbourne Street
Stalybridge, Cheshire, SK15 2JJ
Unsold, the last bid was £670,000. Please refer to Auctioneer for Reserve.
A Freehold Unbroken Commercial Parade Fully Let Producing £75,583.04 per annum (including service charge income)
Description
Location
Stalybrige rail station and the M60 & M67 motorways are both within easy reach.
(junction 26) is easily accessible.
Description (2nd Column)
Viewing Details
Addendum
Accommodation & Tenancy Schedule
| Property | Floor | Accommodation | Lessee | Lease Terms | Current Annual Rent |
Notes |
|---|---|---|---|---|---|---|
| 48 | Ground | Shop Area - 664 sq ft | Greggs Plc | 5 year FRI lease from 15th May 2015 | £10,000 | Service Charge £1,241.52 |
| 50 | Ground | Shop Area - 767 sq ft | Limens Greetings & Gifts | 6 year FRI lease from June 2011 | £10,000 | Fixed rental uplift of £1,000 after 3 years. Service Charge £500 |
| 52 | Ground | Shop Area - 745sq ft | Costa Coffee | 3 year FRI lease from 15th April 2015 | £5,000 | Service Charge £600 |
| 54 | Ground | Shop Area - 692 sq ft | Lunn Poly Travel Agent (Thompson Travel - TUI Plc) | FRI lease from Jan 1993 to Jan 2018 | £13,000 | Service Charge £1,241.52 |
| 56 | Ground | Shop Area - 439 sq ft | Firwood Carpet Ltd | 10 year FRI lease from Dec 2007 | £13,200 | Service Charge £800 |
| 58 | First | Bar/Nightclub Area - 3,170 sq ft | Koko Bar Ltd | 10 year FRI lease from May 2012 | £20,000 | 5 yearly upward only rent review |
Joint Agent
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.
Enquire about 48-58 Melbourne Street, Stalybridge, Cheshire, SK15 2JJ
Sign-up for our newsletter
Get the latest lot details along with new blog posts, straight to your inbox