Price £500,000

Rates Payable £3,043.90 per annum

EPC Rating This property has been graded as D

Description

The property provides mixed commercial and residential accommodation over four floors with the ground floor and basement providing commercial bakery accommodation and the first and second floors providing renovated residential accommodation accessed separately off Lower Hillgate.

Ground floor: 1,102 Sq.ft overall including main sales, preparation area, cold room, store room and rear pottery room.

Basement: 353 Sq.ft overall providing storage accommodation.

First floor: 552 Sq.ft overall including kitchen diner, corridors, cupboard, bedroom 1, bedroom 2 and bathroom.

Second floor: 323 Sq.ft overall including kitchen diner, corridors, cupboard, bedroom and bathroom.

RV/Council Tax

Apartment 1: Council Tax band A: £1,745.93.
Apartment 2: Council Tax band A: £1,745.93.
Rateable value: £6,100.
Small Business Rates Multiplier 2026/27: 49.9p.
Contact SMBC - 0161 474 5188.

Tenure

We understand that the property is Freehold.
Title Number: GM619833.

Price/VAT

£500,000 SUBJECT TO CONTRACT.
We understand that VAT is not payable on the sale.

Utilities

Mains services are available including gas, electricity, water and drainage.

Planning

We understand the property benefits from C3/E uses. Buyers to make their own enquiries.

EPC Ratings

GF: D.
FF: D.
SF: D

Lease Terms

GF retail premises let on a 10 year term commencing 13th April 2022 subject to a passing rent of £15,000 pax with Tenant only breaks at 3 yearly intervals and rent review at year 5. The Lease benefits from Guarantors.

Flat 1 ERV: £13,800pa - £1,150pcm - sold VP.
Flat 2 ERV: £11,400pa - £950pcm - sold VP.

Legal Costs

Each party to be responsible for the payment of their own legal costs associated with the sale.