Lot
103
Auction Ends: 19/06/2024 14:45 - Bidding opens Tuesday 18th June 10:00 AM

2 & 2a Milne Street, Shaw, Oldham, Lancashire, OL2 8NS

Property Details
Location
Description
A mixed use investment opportunity detailing an end terrace property comprising a retail unit to the ground floor and large two bedroom self contained first floor flat. The property is let in full to the same tenant at £866pcm, equivalent to £10,392 per annum. The property requires refurbishment and is located just off Market Street in Shaw next to both Aldi and Asda Supermarkets.
Location
The property fronts onto the corner of Milne Street and Eastway in an established town centre location. Aldi and Asda Supermarkets both neighbour the property in addition to a number of national and independent retailers on nearby Market Street.
Accommodation
Pugh & Co have not inspected the property internally and the following accommodation details have been provided by the vendor;

Ground FloorMain retail area, W.C
First FloorDining Kitchen, Living Room, Bedroom x 2, Bathroom

Tenancy

We understand that 2/2a Milne Street is currently let at £866pcm but the rent is not paid up to date. 

59 Market Street is held on a 999 year leasehold title at a rent of £25 per annum. 

Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 18TH JUNE AND CLOSES ON WEDNESDAY 19TH JUNE.

3. Energy Performance Certificate: No. 2 = C.
Addendum
The sale also includes the ground floor shop at 59 Market Street which has been sold off previously by way of a long 999 year lease at a ground rent of £25 per annum.

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Auction Ends: 17/07/2024

Guide Price: £1,000,000 plus

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