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Lot 40
6–16 Market Street, Denton, Manchester M34 2XW

  • Photo1

Sold Prior

GROUND RENT INVESTMENT
6 Week completion

SITUATION

Overlooking the town's pedestrianised square and adjacent to the entrance to Victoria Park and Denton Library, close to such multiples as NatWest, Lidl, Domino's, Subway and Vets4Pets.
Denton is a historic town in Manchester situated 5 miles east of the city centre benefitting from excellent road links being a few hundred yards from the M67 (Junction 1a) and ¼ mile from the M60 (Junction 24).

PROPERTY

A large detached parade comprising 7 Ground Floor Shops, 3 with Ancillary Accommodation at first floor level and 1 with separate side access to a First Floor Beauty Salon plus a Large Gym/Fitness Centre at rear ground and first floor level running above Nos. 14-16. There is also a Rear Car Park.

VAT is applicable to this Lot

FREEHOLD

Note 1: The Freeholder nominates the agency and insures the property in the sum of £2,012,806 and recovers the entire premium of £6,474.40 (including IPT) from the Head Lessees.

TENANCIES & ACCOMMODATION

*Please note:

RESERVE:The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE: Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Buyer or Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.