Icon - Camera
This property is under offer
Find Similar

713 Bacup Road, Rawtenstall, BB4 7EU

Retail for sale

£55,000
-
Total price
1030Sq Ft
Space

Overview

For sale by the Modern Method of Auction: starting bid price £55,000 plus reservation fee. The property is for sale by the Lancashire Property Auction powered by 'iam-sold.'

LOCATION

The property is situated within Waterfoot town centre with a prominent frontage to Bacup Road close to its junction with Burnley Road. Surrounding occupiers include a mixture of residential, professional and retail users.

DESCRIPTION

A converted mid-terraced property of stone construction under a pitched grey slated roof. The accommodation comprises of two inter-connecting offices to the ground floor together with kitchen and WC facilities on the lower ground floor. The first floor offers additional office accommodation, with storage space to the second floor. The property also benefits from separate ground level access to the lower ground floor via a walkway to the river at the rear.

ACCOMMODATION

Ground Floor

• Office 1: 220 sq.ft (20.4 sq.m)

• Office 2: 211 sq.ft (19.6 sq.m)

Lower Ground Floor

• Kitchen/staff rooms: 165 sq.ft (15.3 sq.m)

• Male/female WC's Cellar storage

First Floor

• Front office: 184 sq.ft (17.1 sq.m)

• Rear office: 127 sq.ft (11.8 sq.m)

Second Floor

• Attic: 123 sq.ft (1.11 sq.m)

TENANCIES

The property is let by way of a new full and repairing and insuring lease for a term of 3 years with effect from 1st January 2019 at a first year rent of £5,400 increasing to £5,760 p.a in years 2 and 3 .

BUSINESS RATES

We are informed by the Valuation Office Agency website that the property has a Rateable Value of £3,250 (2014/15). Please contact the local rating office for more information and the actual rates payable.

VAT

All prices quoted are exclusive of, but may be subject to VAT at the prevailing rate.

VIEWING

Viewing strictly by appointment with Petty Chartered Surveyors.

AUCTIONEERS COMMENTS

This property is for sale by the Modern Method of Auction which is not to be confused with traditional Auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date that the buyer's solicitors is in receipt of the draft contacts and a further 28 days thereafter to complete.

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable reservation fee of 4.2 % subject to a minimum of £6,000 + VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the reservation form and all terms and conditions can be found in the legal pack which can be downloaded for free from www.agentauctionpage. co.uk.

Please note that the property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid. Both the starting bid and reserve price can be subject to change. Terms and Conditions apply to the Modern Method of Auction, which is operated by the Lancashire Property Auction powered by 'iam-sold'.

ww.iam-sold.co.uk

Listed Features

  • Storage
  • Outdoor Space
  • Office
  • Kitchen
  • Multiple floors
  • General Retail
  • Modern Design
  • Column Free
?
YOUR PROPERTY MATCH SCORE
Location
?
Target price
?
Target size
?
Chosen features
?
Property Marketed By
Petty Chartered Surveyors Logo
Petty Chartered Surveyors