Mixed Use Property – In Need of Renovation

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

Energy rating

Auction House UK hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.

How it compares

History

• First listed on Cornerlot 11 Oct 2026.

Auction House UK's record

About the lot

Freehold mixed use lot in Failsworth.

Lot -, Commercial Property. Mixed Use Property – In Need of Renovation: NO VIEWINGS AVAILABLE – SOLD WITHOUT POSSESSION Auction House North West have not inspected the property but has been advised that this is an end terrace property which is set back from the neighbouring properties consisting of two ground floor retail units with residential accommodation above. Planning: Under reference FUL/345560/20 on the Oldham planning portal, there is approved planning permission in place for ‘Change of use of ground floor from office to two retail units, change of use of first and second floors from office to residential comprising two apartments and alteration work including new shop front’. It is believed that works have started on the property to carry out the conversion. However, it is uncertain as to what extent. We have also been advised that there is someone occupying the property, but the terms are unknown. Therefore, the property is being sold without possession. For more information, please refer to the legal pack. Taken from the VOA, the total floor area is shown as 176.7 m2. Tenure: Freehold Title number: GM342619 Business Rates: RV £15,000 (1st April 2026 to Present) – please note, this is not the rate payable. Local Authority: Oldham Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/. Tenure: Freehold. 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.