*Guide | £155,000 (plus fees)
- Retail Property (high street)
Call the team on 0113 393 3482 for more information
This high yielding city centre investment comprises three retail units over ground and first floors and is currently generating an income of £23,450. Units 1 & 2 are let to K Sunrise Limited on a 10 year lease from 2018 at £17,500 per annum while the Unit 3 is let on a 6 year lease from 2024 generating £5,950 per annum. The property is located in the heart of Bradford city centre with the Forster Square Train Station just 0.3 miles away. The seller has advised us that VAT will be payable on the purchase price and that the tenant in Unit 3 is not currently paying their rent. Leasehold Information: Lease length: 240 years from 18th June 2015 Service Charge & Ground Rent: N/A. Please note: a 6 week completion applies to this lot.
Units 1 - 2
Tanning/Beauty Studio
Unit 3
Cake Shop/Bakery
Additional Information
Local Authority
Bradford
EPC Ratings
Units 1-2: B Unit 3: C
Tenure
Leasehold
Disclaimer
Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.
Charges and Payments
In addition to the deposit Administration Charge: 1.2% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - See above
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
