For sale by Unconditional Online Auction.

A ground floor vacant commercial property with two bedroomed self-contained apartment above, currently let at £9,000 per annum.

A mixed use, investment opportunity situated in a prime location on Hollinwood Avenue. The property comprises of a vacant, ground floor commercial unit with a two bedroomed apartment above. The ground floor includes a front retail area with further rooms to the rear, suitable for a variety of uses. The first floor includes a two bedroomed,self-contained apartment with access from the front and the rear, currently let at £9,000 per annum. The ground floor has electric roller shutters to the front and the rear with CCTV. The current vendor is also in the process of transferring two of the garages at the rear of the property, into her name which would be sold with the property.

The property is situated on Hollinwood Avenue, amongst a parade of similar commercial units with residential spaces above. Some of the neighbouring properties have extended into the loft space which should be possible on this property (subject to planning). All necessary amenities and services can be found nearby including Moston Train Station and the M60 motorway. Both Oldham town centre and Manchester city centre are easily accessible.

Ground Floor Accommodation -

Front Retail Area - 18ft x 20ft 07

Office Room - 8ft 11 x 5ft 08

Back Storage Room/Kitchen – 17ft 08 x 8ft 04

Toilet

Building Construction Cavity wall, as built, no insulation (assumed) - Information taken from EPC.
Broadband (estimated speeds) Standard 8 mbps, Superfast 80 mbps and Ultrafast 1000 mbps show as available in this location
Mobile Signal EE, O2, Vodaphone and Three show as available in this location.
Satellite and Cable TV Availability Sky, Virgin and BT show as available in this location.
Draft Sales Details These sales details are awaiting vendor approval.

Tenure: Freehold

EPC Rating: D and D

Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type.

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

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT). 

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

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 (and any applicable Home Report for residential Scottish properties).

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.