59-61 Blackburn Street Radcliffe Manchester M26 1NR

  • 59-61 Blackburn Street<br>Radcliffe<br>Manchester<br>M26 1NR

59-61 Blackburn Street
Radcliffe
Manchester
M26 1NR

Freehold Retail Investment

  • Let to individual trading as Bargain World
  • Lease expires June 2027 (no breaks)
  • Approximately 3,400 sq ft
  • Opposite Post Office and close to Asda Superstore in the heart of the Town Centre
  • Lot
    42
  • Auction
    22nd September 2022
  • Rent
    £22,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £225,000
  • Auction Venue
    Live Streamed Auction
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Freehold Retail Investment

  • Let to individual trading as Bargain World
  • Lease expires June 2027 (no breaks)
  • Approximately 3,400 sq ft
  • Opposite Post Office and close to Asda Superstore in the heart of the Town Centre
  • Lot 42
  • Auction 22nd September 2022
  • Rent £22,000 per Annum Exclusive
  • Status Sold
  • Price £225,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
9 miles north-west of Manchester City Centre
Roads
A56, M60
Rail
Radcliffe Tram Station
Air
Manchester Airport
Situation

The property is located on Blackburn Street, where neighbouring retailers include an Asda Superstore and the Post Office. The property benefits from close proximity to three Town Centre car parks.

Tenure

Freehold.

Location
Miles
9 miles north-west of Manchester City Centre
Roads
A56, M60
Rail
Radcliffe Tram Station
Air
Manchester Airport
Situation

The property is located on Blackburn Street, where neighbouring retailers include an Asda Superstore and the Post Office. The property benefits from close proximity to three Town Centre car parks.

Tenure

Freehold.

Description

The property comprises a large shop arranged on the ground and first floors. The property benefits from parking and loading to the rear.

VAT

VAT is applicable to this lot.

Note

Please note the buyer will pay 1.5% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

Completion Period

Six week completion

EPC

Band C

Description

The property comprises a large shop arranged on the ground and first floors. The property benefits from parking and loading to the rear.

VAT

VAT is applicable to this lot.

Note

Please note the buyer will pay 1.5% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

Completion Period

Six week completion

EPC

Band C

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m (1)
Floor Areas
Approx sq ft (1)
Tenant Term Rent p.a.x. Rent Review
Ground
First
Retail/Ancillary
Ancillary
226.10 sq m
89.70 sq m
(2,434)
(966)
L. KAMALZAI (t/a Bargain World) 15 years from 07/06/2012 on a full repairing lease
£22,000
07/06/2022
Total  
315.80 sq m
(3,400)
   
£22,000
 

(1) Areas provided by VOA (www.gov.uk/find-business-rates)

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Edward MartinEdward Martin +44 (0)20 7034 4854 +44 (0)7478 673 535edward.martin@acuitus.co.uk
Seller's Solicitors
Structadene Group 3rd Floor, 9 White Lion Street
London
N1 9PD
James Thomson +44 (0)20 7843 9196james.t@pearl-coutts.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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