National Online Auction - 25th June 2024Vacant retail / commercial property – may suit residential conversion in part / whole (STP)Vacant two storey retail/commercial premises in need of improvement with potential for redevelopment/conversion in part or whole to residential subject to necessary consents. The property is located on Princess Road (A5103) close to the traffic light junction with Mauldeth Road West. Princess Road being one of the busiest arterial roads leading south from Manchester City Centre approximately 3 miles to the north. Internally the property offers accommodation over two floors with retail space, kitchen area, storage, office space and WC plus basement space. Externally there is lay by parking to the front. The property may be suitable for redevelopment. Into a mixed use commercial and residential building subject to the relevant permission. Current rateable Value £6,800 per annum. Tenure: long leasehold Title number: MAN238120 (to be split out of this title) Council Tax Band : n/a Local Authority: Manchester City Council Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydipIMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.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 includ
Additional Fees
Administration Charge - Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 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.