Tenanted Industrial Investment – Let at £54,000 pa
Only externally inspected by Auction House but understood to briefly comprise a high bay industrial unit dating from c1960, constructed of brick and blockwork base walls supporting a steel frame and steel truss roof covered with corrugated sheeting. Loading access is via 6m roller shutter to the front. Internally the unit is fitted with a 10-tonne crane and integral offices have been partitioned. Externally there is small forecourt area and parking for c 8 cars. Accommodation From previous valuation report provided we understand the property provides the following gross internal floor areas: Test Bay – 147.01 m2 / 1,582 sqft Workshop – 719.42 m2 / 7,745 sqft Office, kitchen & WC – 134.77 m2 / 1,450 sqft Total GIA - 1,001.15 m2 / 10,777 sqft Tenancy We are informed that the property is currently let to Your Tribute Ltd (Company no – 09641031) by way of a 6-year lease from February 2022 at £4,500 pcm / £54,000 pa. Location Situated on Lamberhead Industrial Estate, accessed off Smethurst Lane, lying to the south of Ormskirk Road (A577) which connect to Pemberton and access to junction 26 of M6 motorway. Wigan Town centre is approximately 2 miles to the east. Tenure: Freehold Title number: GM420347 Council Tax Band: F 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.
Energy Efficiency Rating (EPC)
Current Rating C
Local Authority
Wigan Metropolitan Borough Council
Solicitors
Priority Law Limited, Ref: Priority Law Limited, Tel: 01612077600
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - 1.8% inc VAT of the purchase price, subject to a minimum of £1800 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.