mixed use residential in BL9

The Rock, Bury, Greater Manchester, BL9 0JP

Starting Bid
£499,000
Time left:
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Online auction

Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk

  • Striking Grade ll Listed building
  • Planning permission granted in 2016
  • Conversion of upper floors to 5x flats
  • Located in a prime position
  • For sale with vacant possession
  • Freehold title

mixed use residential in BL9

FOR SALE BY AUCTION: Terms and conditions apply.

We are pleased to offer to auction this substantial and striking Grade ll listed building, situated in a prime position on The Rock in Bury. The building is arranged over four floors, with an abundance of original features and natural light. Included in the sale is ground floor retail unit with access to the first, second, third floor and basement. The current owner has planning permission for its conversion to four single bedroom apartments to occupy the first and second floors, with an additional three bedroom apartment that would occupy the entire third floor. The upper floors of the building is to be sold with vacant possession whilst the ground floor is subject to a tenancy to The Rock Mini Market. The building would suit a variety of uses due to its excellent central location. There is no parking included in this sale.

Please note that we have not inspected this property.

Summary

  • Property Type: Mixed Use Residential
  • Tenure: Freehold
  • Parking: Allocated

Location

The Rock is situated in Bury town center and provides excellent public transport links within walking distance to the Metrolink and bus station. The M66 motorway can be easily accessed via Rochdale Road A58.

Accommodation

Approximately 638sqm (6,867sqft), including the mini market.

Planning Permission

The subject property has has planning permission approved with conditions on 17th February 2016 for 'Change of use of 1st/2nd/3rd floors from commercial (Class A2) to 5 no. flats; Repairs and refurbishment of external elevations and windows'. Planning reference 59428.

There is another planning application, which was approved with conditions on 17th February 2016, for 'Listed building consent for change of use of 1st/2nd/3rd floors from commercial (Class A2) to 5 no. flats, refurbishment of external elevations and windows, associated internal works.'. Planning reference 59429.

Please direct all planning enquiries to Bury Council.

Tenure

Freehold. Title number GM525805.

Rateable Value

The adopted rateable values are as follows, as of 1st April 2017:

First floor: £4,750
Second floor: £5,000
Third floor: £4,800

Sourced from VOA.

EPC

Available upon request (rating G).

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

This property is being sold subject to unconditional reservation fee auction terms and conditions.

 

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

 

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

 

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 

 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

 

More Information

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

At the point of registration, you will be required to insert credit or debit card details as a way of payment towards the deposit and or reservation fee. We will only hold a nominal amount (which will be stated at the point of bidding) to enable you to bid. This amount will only be debited from your account should you be the successful bidder, in the event you are unsuccessful the agreed amount will be released back to your card within three business days.  If you are the successful bidder we will debit the agreed amount from your account immediately at the close of the auction, we will then contact you to confirm the outstanding balance (if applicable) at which point you can opt to use the same card.  Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid for 10 minutes. After 10 minutes without a bid, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last minute (or second) bidding and makes for a fairer auction as in a live room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
Up to £50,000 - £250 minimum bid 
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
£250,001 to £1 million - £2,000 minimum bid 
£1 million+ -  £2,500 minimum bid 

Please note this bidding process applies specifically to online auctions. 

There is no legal pack for this property.