Please note the plan published in the Online Particulars of Sale is for illustration purposes only. For clarity Buyers are referred to the title plan contained within the online legal documents.
In the Special Conditions of Sale and the Tenancies Schedule please note the Current Rent for the tenant at 195a Eccles Old Road is £5,076 pa and not as stated.
We understand that the tenant of 195 Eccles Old has agreed to a lease extension subject contract for a term expiring 2nd May 2030 at a rent of £12,000 pa. The lease is subject to a fixed rental increase on 3rd May 2020 to £13,000 pa and a rent review on 3rd May 2025.
Situated adjacent to Salford Royal Hospital in a local shopping parade on the south side of Eccles Old Road (A576) and close to Junction 2 of the M602.
The property is arranged on basement, ground and two upper floors to provide a ground floor shop with basement ancillary accommodation and a self-contained 2 bedroom maisonette above.
VAT is applicable to this sale, please refer to the legal documents for further details.
Buyers Fee -The successful purchaser will be required to pay the auctioneers administration fee of £600 inclusive of VAT. Other additional costs/fees may apply please see Special Conditions of Sale
This auction lot is now closed.
Connecting to server...
|No.||Present Lessee||Accommodation||Terms of Lease Agreement||Current Rent £ p.a||Next Review / Reversion|
|195||E M A Abdulwali||Ground Floor||Gross Frontage 5.60m (18' 4")
Net Frontage 4.40m (14' 5")
Shop Depth 8.50m (27' 11")
Built Depth 13.90m (45' 7")
Basement 37.20 sq m (400 sq ft)
|7 years from 03.05.2013
Rent reviews every 3rd year
Repairing and Insuring covenants
|£12,000 p.a. (1)||Next Review 2019|
|195A||Individual||First and Second Floor Maisonette||2 Bedroom Maisonette||Periodic Tenancy from 13.12.2014||£5,076 p.a||Holding Over|
|Total £17,076 p.a.|