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Former Boiler Room, Albion Works, Pollard Street, Manchester, M4 7AJ

  • Subasta
  • Lote 20
  • Reino Unido
  • Lugar edificable
  • Residencial

Vendido por £230,500

Anexo

Tenure – The property is held long leasehold for a term of 250 years from 01/01/2003 at a current ground rent of £622.35 per annum. The rent is reviewable every 10 years in line with RPI (with the next review being on 31/12/2025).

Resumen de la propiedad

  • Long leasehold residential development opportunity
  • Part of a larger predominantly residential building
  • Previous planning application for three duplex apartments
  • Vacant possession
  • Offered on behalf of The Administrators

Contactar con nosotros

Simon Bailey
Simon Bailey
El equipo está para ayudarte
Richard Bellamy
Abogado del Vendedor

Contactar con nosotros

Simon Bailey
Simon Bailey
El equipo está para ayudarte
Richard Bellamy
Abogado del Vendedor

Descargas

Descripción de la propiedad

The former boiler house of a former mill building that has predominantly been converted to residential use. The building is of traditional construction and currently has a gross internal floor area of 163.52 sq m (1,760 sq ft) and benefits from a ceiling height of 5.0m (16ft 5in). The building was the subject of a planning application for conversion to residential use including the installation of a first floor. The application was subsequently withdrawn (please refer to Planning Details).

Ubicación

Manchester is the most populous city in the North West of England and is the UK's fifth larget by population. It lies about 45 miles south west of Leeds and 32 miles east of Liverpool and has excellent road communications with the M6, M60, M602, M56 and M62 motorways all serving the city. Manchester Piccadilly, Manchester Oxford Road and Deansgate railway stations provide national and regional rail links and Manchester International Airport lies about 10 miles south of the city centre.

Pollard Street lies on the western edge of the city centre running east from Great Ancoats Street. Albion Works lies on the south side of the street opposite New Islington Green in a mixed commercial and residential area. The property is situated at the south east corner of the building with vehicular access via the main entrance and via the car park.

Planificación

Manchester City Council (0161 234 4516) - http://www.manchester.gov.uk/planning/ A planning application was submitted in September 2021 and subsequently withdrawn in December 2021 for the conversion of the boiler house to form three duplex apartments (2x one bedroom and 1x one bedroom) with associated car parking (Planning ref: 131468/FO/2021). Prospective purchasers are advised to make their own enquiries of the Local Planning Authority.

Estado de Ocupación

Long leasehold for a term of 999 years from completion at a peppercorn rent.

Datos adicionales

UnitFloor AreaTenancy
Former boiler room163.52 sq m (1,760 sq ft)Vacant
TOTAL163.52 sq m (1,760 sq ft) 

 

Impuestos

Por favor refiérase a los documentos legales

Consumo energético

Please refer to the Legal Documents.

Enlaces Útiles

*Términos y Condiciones

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted subject to contract. Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
  4. The guide price for the Lot does not include the administration fee of £1,295 (inclusive of VAT) for all properties up to £49,999, and £2,400 (inclusive of VAT) for all properties £50,000 and above charged by BidX1. In the case of a joint agent this administration fee will be £2,400 (inclusive of VAT). In addition, the guide price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.
  5. To participate in the sale BidX1 must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,795 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. All Lots sold “Subject to Vendor Confirmation” will be subject to acceptance and confirmation by the Vendor. The highest bid will be presented to the Vendor, the Vendor will have to either accept, decline or make a counteroffer, within the confirmation period. Should the Vendor decide to make a counteroffer, then a private link will be sent to the Highest Bidder advising of the offer the Vendor is willing to accept. The Highest Bidder will be obliged to accept or reject the Vendor's counteroffer. The Vendor reserves the ultimate right, apart from the auctioneer, to accept and to decline to sell to the highest or any bidder, without giving any reasons.
  8. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller.
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