For sale by online auction starting on Monday 2nd November 2020, bidding will be on the Auction Agent website. Mixed use building let at £20,700 per annum (£15,000 per annum for the shop and £5,700 per annum for the flat). The property will be sold with tenants in place and is producing over a 17% return based on the guide price. The building is located in Heywood centre between Bury and Rochdale with good access links to the North West motorway network. It has a retail unit downstairs comprising a shop floor, kitchen and W.C. with a separate flat above. Buyers are advised to check the legal pack before bidding, this will be available below once received. Buyers are also advised to check the website for any updates on the lot before the auction. Please note that pictures for the flat were taken before the tenants occupation in January 2020.
Shop Floor 28′ 3” x 15′ 4” (8.62m x 4.67m)
Has a double glazed door to the front, front facing windows, spotlights and a door to the cellar.
Has a ceiling light point, base units and a sink.
Has a ceiling light point, W.C. and sink.
The flat is currently let at £475pcm on a rolling tenancy from January 2020.
13th October 2020
See Legal Pack
Afshan Manzoor – Aim Lawyers