Rental Incomes
Please note that many of the office units in Breightmet Fold House are vacant with only one tenant in place. There is also a vacant office on the first floor of Redbridge Industrial Estate. We have been informed that all units have their own meters and are billed individually for their usage. The current rental incomes provided by the landlord are below:
Unit 2 - Rent £265pcm Admin charge £10pcm Climate levy £3pcm
Total per year £3,336
First Floor of Redbridge Industrial Estate:
Unit 1a - Rent £150pcm Admin charge £15pcm Climate levy £3pcm
Unit 1B - Rent £180pcm Admin charge £10pcm
Unit 1C - Rent £165pcm Admin charge £15pcm Climate levy £3pcm
Unit 1D - Rent £100pcm Admin charge £10pcm
Unit 1E - Rent £100pcm Admin charge £15pcm Climate levy £3pcm
Unit 1F - Rent £180pcm Admin charge £15pcm Climate levy £3pcm
Total per year £11,604
Breightmet Fold House
Office 3 - Rent £150pcm Admin charge £20pcm Climate levy £3pcm
Total per year £2,076
Total Combined Income - £17,016pa
Please note that there is an empty office in Redbridge Industrial Estate and much of Breightmet House is intentionally vacant and if vacated by the final tenant would present a good development opportunity.
Please note that the main meters are in another building and the occupiers provide the meter readings. The building next door at present has an inter connecting door and also runs off the same electric & water supply, pay 50% of water bill and pay for their own electric, billed by the current owner.
Additional Information
Tenure - Freehold
Business Rates - Much of the site is not listed at present, the parts that are listed are:
Unit 2 - £1,128 pa
Unit 1 Breightmet Fold House - £1,125 pa
EPC:
Breightmet Fold House -
Unit 2 -
First Floor Redbridge Industrial Estate -
Solicitor -
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.
Every effort has been made to confirm the accuracy of the details including any defects with the vendor and their solicitor. Pearson Ferrier will not be held responsible for any failure to disclose any such defects. Any purchasers buying without viewing, or if not available carrying out a survey are doing so at their own risk and acknowledge that Pearson Ferrier will not be held responsible for any issues that may arise due to them being unintentionally missed from the advert.
All statements contained in these particulars are for indicative purposes only and are made without responsibility on the part of Pearson Ferrier and the vendors of this property and are not to be relied on as statements or representations of fact. Potential purchasers should satisfy themselves by inspection or otherwise as to the accuracy of such details contained in these particulars.
Auction is fast becoming a preferred way of selling both land and properties for sellers looking for a fast, secure sale. All types of properties and land are considered, if are looking to enter a lot in to auction then please contact the team on 0161 764 4440. Please click the link below for a list of FAQ’s for sellers.
SELL AT AUCTIONIf you are looking to bid on a property it couldn’t be easier. With our auctions being held online you can bid from wherever you are providing you have internet access. Please find a link below to FAQ’s for buyers. For any further details please contact the team on 0161 764 4440.
HOW TO BIDGuide prices are provided as an indication of the seller’s minimum expectation. They are not necessarily a figure which a property will sell for and can change at any time. Each lot will be offered subject to a reserve price (a price below which the lot cannot sell). The reserve figure will be no higher than the price guide range, or if it is a single guide price figure no more than 10% above.