No longer on the market
This property is no longer on the market
Floorplan
MapMixed use
Key information
Features and description
- For sale by live stream auction on tuesday 2 nd september 2025 at 12 pm
- Guide price £170,000+
- Mixed use
- EPC RATING: C, B
Video tours
*GUIDE PRICE £170,000+
OPEN VIEWING ON 01/09 AT 12:00PM-12:30PM
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 property can be found just off Broadway in Chadderton. A convenient location with an established residential area and also close to other local shops, schools, and transport links.
Please note, the property is let to a single tenant, however we believe the property has three occupants. Potential bidders are advised to carry out their own research in this regard prior to bidding.
Lease Length - 990 years from 24 February 1932
Ground Rent - £6
Rooms
ADDITIONAL INFORMATION
Tenure
Leasehold
Disclaimer
Any information in relation to the length of lease, service charge, ground rent has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.
Charges & Payments
In addition to the deposit Administration Charge: 1.2% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor's solicitor. For more details, please see the legal pack.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure
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