Freehold Industrial / Commercial Building – Considered Suitable For Redevelopment (STP)

On behalf of Joint LPA Receivers Only externally inspected by Auction House but understood to briefly comprise a semi-detached industrial building mainly single storey with two storey offices to the front The site is bounded by Burstock Street, Bilbrook Street and Peary Street and comprises a commercial building which has a footprint calculated from ProMap of 545 sq m (5,866 sq ft) plus also a first floor area. Location The property is located less than a mile to the north east of the City Centre with the surrounding area currently benefitting from regeneration. It sits within an area known as The Northern Gateway Development Area which is a project backed by Manchester City Council with plans for significant residential development in the coming years. The Receivers have been unable to inspect the property internally and are unable to provide access. Planning enquiries should be made of Manchester City Council and the Local Development Framework. Occupancy We are informed that part of the first floor is currently occupied by a gentleman who has paid no rent and has no documentation in respect of the occupation. Electricity supply to the property has been disconnected. Tenure – Freehold Title number: GM523849. Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/ ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Tenure

Freehold

Local Authority

Manchester City Council

Solicitors

Bexley Beaumont Limited, Ref: Bexley Beaumont Limited

Additional Fees

Buyer's Premium - 1.2% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

Administration Charge - 1.75% inc VAT of the purchase price, subject to a minimum of £1750 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.