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£250,000

Units & Yard Millstream Lane, Manchester, M40

  • 0 beds
Land

£250,000

  • 0 beds
Land
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Estimate monthly mortgage payment:

£1,141 per month

Minimum deposit amount:

£12,500
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For sale via Pearson Ferrier Auctions starting Tuesday 4th July, bidding will be on the Pearson Ferrier website and you can register to bid now. A mixture of two storey and single storey industrial units with a yard (with double gates), set in just under 1/4 acre of land. The units do require refurbishment, but provide a great opportunity for a buy to let investor, developer or owner occupier. Please see the attached site plan which is for indicative purposes only and the title plans will be contained within the legal pack. The property is located within the Failsworth area of Manchester with similar industrial units close by. The units are accessed from Millstream Lane via double gates, with a separate access via the complex behind. The units are currently part let with agreements in place for ?16,800PA (tenancy agreements will be available in the legal pack). Viewings of the site and vacant units can be arranged via Pearson Ferrier. Auction guide price ?250,000 - ?300,000. Buyers are advised to check the legal pack before bidding, this will be available on the Pearson Ferrier website via the bidding window on the property when available. Any changes to the details will be updated on the Pearson Ferrier website before the auction.

Additional Information

Tenure - FreeholdSolicitor - JMWBrochure Updated 27th June 2023

Auction Information

The auction is a traditional auction with exchange on the winning bid and completion taking place within 20 working days from the auction (unless stated otherwise in the legal pack).Buyer's Fees - There is a buyer's premium charge of ?2,500 + VAT or 2% of the purchase price (whichever is greater) and a buyer's administration fee of ?500 + VAT. If there are any disbursements from the sellers side these will be detailed in the legal pack. Buyer's are advised to check the legal pack before bidding.

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Stamp Duty tax
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Mortgage and legal costs:
£999
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