Property Details
Pugh Auctions
Lot 012
Lot 012
Auction: June 2017

1319 & 1319 A-e Ashton Old Road, Higher Openshaw, Manchester, Greater Manchester, M11 1JT

Property Details
Location

The property is located fronting on to Ashton Old Road (A635) in Higher Openshaw town centre and within an established parade of retail units. Manchester city centre is approximately 5 miles to the west.

Description

Corner located part three storey part two storey (plus basement) end of terrace property which comprises a vacant retail unit over ground and basement levels plus five fully let one bedroom flats over the remaining part of the property.

Accommodation

We detail below the following accommodation and approximate net internal floor areas: Retail Unit Ground Floor: Sales, Offices and Staff Areas: 137 sq m (1,474 sq ft) Basement: Storage: 113 sq m (1,216 sq ft) Total: 250 sq m (2,690 sq ft) Flats (1319 A - E): A: Let by way of an AST at a rent of ú280 pcm B: Let by way of an AST at a rent of ú335 pcm C: Let by way of an AST at a rent of ú325 pcm D: Let by way of an AST at a rent of ú330 pcm E: Let by way of an AST at a rent of ú295 pcm Total Rent: ú1,565 per month (ú18,780 per annum)

Outside

Access to flats via communal entrance on the side elevation.

Tenure

Leasehold for a term of 999 years from 01/09/1835 at a rent of ú10 per annum.

Planning

Interested parties should consult direct with the Local Planning Office, Manchester City Council, Town Hall, Albert Square, Manchester, M60 2LA. Tel: 0161 234 5000, Fax: 0161 236 5909.

VAT

VAT is payable on the purchase price.

General

1. At the time of commencing marketing Pugh & Co. understands that the retail unit is under offer by way of a 5 year lease proposed to be granted to Kotecha Services Ltd (Company No. 10580514) with a personal guarantor at an annual rent of ú12,000 per annum. The lease is proposed to have a 3 year break option for the tenant and a 3 month rent free period at the point of the lease commencement. A rent deposit of ú3,000 is planned to be paid by the tenant.

Addendum

Flat B is let by way of an AST at a rent of ú335 pcm which gives a total rent of ú1,565 per month (ú18,780 per annum).

Property Location Address:
1319 & 1319 A-e Ashton Old Road,
Higher Openshaw,
Manchester,
Greater Manchester,
M11 1JT
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Auction Details
Auction: June 2017 Date: 6th June 2017 Lot Number: 012 Doors Open: 12:00pm Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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