Guide Price: £375,000 plus, 262-268 Firs Lane, Leigh, Greater Manchester, 433+40535

Property Details

Location

The property is situated in a predominantly residential location at the intersection of Firs Lane and Plant Lane. Leigh town centre lies approximately 1.75 miles to the east.

Description

Mixed use investment comprising two retail units, one of which is trading as a Spa convenience store, together with four residential units (two flats and two houses).

Accommodation

The details below have been provided by the vendor: 262 Firs Lane: 228 sq m (2,464 sq ft) 264 Firs Lane: 48 sq m (516 sq ft) 262A Firs Lane: Flat 264A Firs Lane: Flat 266 Firs Lane: House 268 Firs Lane: House

Tenure

The property is held leasehold for a term of 990 years from 1st May 1899.

Tenancy

1) 262 Firs Lane is let to James Hall & Co (Southport) Ltd t/a Spa at a rent of ú17,500 per annum expiring on 31st July 2023. 2) 264 Firs Lane is let to RSF Utilities at a rent of ú7,500 per annum expiring on 23rd April 2017. 3) 262A, 264A, 266 & 266 Firs Lane at let to 4 private individuals at combined annual rent of ú18,372. Please refer to Legal Pack for full details.

VAT

VAT is payable in addition to the purchase price.

General

The property is being sold with a 6 week completion period.

Addendum

264 Firs Lane measures approximately 48 sq m (516 sq ft). The accommodation details have been provided to us by the vendor. VAT is payable in addition to the purchase price. The property is being sold with a 6 week completion period. The property is held leasehold for a term of 990 years from 1st May 1899.