For Sale By Auction | 14:00, 15 November 2018 | Lot 56

118-126 Listerhills Rd & 4 Morpeth St, Bradford, West Yorkshire, BD7 1JR

Sold After

  • Restaurant
  • Tenure: See Legal Pack

Call the team on 01772 772450 for more information

Auction Date

Thu 15/11/2018

Auction Time

14:00

Auction Venue

Bolton Wanderers Stadium Platinum Suite, De Havilland Way, Bolton, BL6 6SF

Tenanted Restaurant Investment Producing £48,000pa

Substantial and established restaurant premises extending to approximately 674.7m2 / 7,262 sqft (according to VOA) over two floors. The property was originally 5 adjoining properties which have been combined and currently trade as Punjab Grill & Sweet House. We are informed by the vendor that the tenants occupy by way of a 7 year lease with approximately 4 years remaining at a rental of £48,000 per annum, a copy of the lease will be included within the legal pack. The property is prominently situated fronting Listerhills Road at the junction of Morpeth Street approximately ½ mile west of Bradford City Centre.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating TBC

Local Authority

Bradford Metropolitan District Council

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

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 0.9% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.