£1,600,000
Commercial Property
Hartford House, Weston Street, Bolton, Greater Manchester, BL3
First listed on: 27th April 2024
Nearest stations:
- Bolton (0.6 mi)
- Moses Gate (1.1 mi)
- Farnworth (1.8 mi)
- Hall i' th' Wood (2.2 mi)
- Bromley Cross (2.2 mi)
Interested?
Call: See phone number 01772 772450
Property Description
Tenure: Freehold
Venue: Online Auction
Substantial multi-let industrial and mill complex, briefly comprising a mainly four storey mill building which has been subdivided into lettable units plus a single storey detached building to the front and a more modern single storey terrace of industrial units to the side with on site parking in the centre.
Tenancies
As at April 2024, the complex is let and producing a rental of ?211,013.46 pa. The rentals could be significantly increased by asset management, refurbishment and further lettings of the vacant units.
We are informed that the landlord charges the tenants as standard (on the majority of units) 35p per sqft service charge, 35p per sqft for building insurance and 4p per sqft for water.
Please see tenancy schedule contained in the legal pack for the latest position.
Location
Hartford House/Works is situated off Weston Street via a gated entrance and shared service area. The works are conveniently positioned approximately ? a mile west of St Peter's Way (A666) dual carriageway which connects onto the M61 approximately 2.5 miles to the south and half a mile south of Bolton town centre.
Tenure: Freehold & Leasehold
Title number: GM734707 (freehold, part only), LA356710 (leasehold)
Council Tax Band : n/a
Local Authority: Bolton
Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip
IMPORTANT INFORMATION
Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Viewings
Additional Fees
Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of ?1980 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Useful Statistics In Your Area
We have collected some useful information to help you learn more about your area and how it may affect it's value. This could be useful for those already living in the area, those considering a move or a purchase of a buy-to-let investment in the area.
Property Location
Property Street View
Price History
Listed prices are those submitted to us and may not reflect the actual selling price of this property.
Date | History Details |
---|---|
27/04/2024 | Property listed at £1,600,000 |
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