Property Details
Pugh Auctions
Lot 056b
Lot 056b
Auction: July 2018

Units 1-5 Sunny Brow Road, Gorton, Manchester, Greater Manchester, M18 7AE

Property Details
Location

The property is located in a predominantly residential position on Sunny Brow Road which is accessed directly from Hyde Road (A57). Manchester city centre is around 4 miles away.

Description

Freehold industrial investment estate which comprises 5 individual self contained units all of which are let plus a vacant parcel of land which could be let. The current rent reserved is £41,400 per annum from the 5 units although all units are holding over and we are informed that all the tenants are wanting to sign new leases and it is expected that the annual rent per unit would increase.

Accommodation

We detail below the following information taken from the VOA website:
Unit 1- 460 sq m (4,950 sq ft)
Unit 2- 369 sq m (3,970 sq ft)
Unit 3- 80 sq m (861 sq ft)
Unit 4- 126 sq m (1,356 sq ft)
Unit 5- 310 sq m (3,335 sq ft)
Total: 1,345 sq m (14,472 sq ft)

Tenure

Freehold.

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.

Tenancy

Unit 1- Is holding over on a lease with a current rent reserved of £13,000 per annum. We are notified that a new 5 year lease has been agreed with the tenant at a rent of £13,000 per annum for year 1 and then £16,000 per annum from year 2 onwards. Unit 2- Is holding over on a lease with a current rent reserved of £9,000 per annum. No lease renewal negotiations taken place with the tenant. Unit 3- Is holding over on a lease with a current rent reserved of £4,200 per annum. No lease renewal negotiations taken place with the tenant. Unit 4- Is holding over on a lease with a current rent reserved of £6,000 per annum. No lease renewal negotiations taken place with the tenant. Unit 5- Is holding over on a lease with a current rent reserved of £9,000 per annum. No lease renewal negotiations taken place with the tenant. Land- Vacant

Addendum

This lot has SOLD PRIOR to the auction.

Property Location Address:
Units 1-5 Sunny Brow Road,
Gorton,
Manchester,
Greater Manchester,
M18 7AE
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Auction Details
Auction: July 2018 Date: 19th July 2018 Lot Number: 056b Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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