Property for Auction in Manchester - 1 & 1A Parkgate, Chadderton, Oldham

Extended mixed-use investment opportunity producing an annual income of £22,500 per annum on a 10 year lease.

The ground floor comprises of two retail units currently being used as a sandwich shop and a takeaway and to the first floor a large two-bedroom flat with private side entrance and balcony.

The building is situated in the ever-popular area of Chadderton.

Lease Length - 990 years from 24 February 1932 Ground Rent - £6 Tenure Leasehold Ground Floor Shop Front Kitchen x2 Store Room x2 WC First Floor Lounge Dining Room Kitchen Bathroom Bedroom 1 Bedroom 2 Energy Efficiency Rating (EPC) Current Rating C,B Services Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. Local Authority Oldham Metropolitan Borough Council 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 - Purchasers will be required to pay an administration fee of 1.2% inc VAT, subject to a minimum of £1500 inc VAT. Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.