COVID-19 – Important Auction Information
For Sale By Auction | 14:00, 03 February 2021 | Lot 29

The Pie Shed, 1 Green Lane, Dewsbury, West Yorkshire, WF13 4DH

*Guide | £120,000 + (plus fees)

  • Retail Property (high street)
  • Tenure: Freehold

Call the team on 0113 393 3482 for more information

Auction Date

Wed 03/02/2021

Auction Time

14:00

Auction Venue

Live Stream Auction

This tenanted café with workshop over two floors, totalling 315 sq m (3,400 sq ft), is currently let producing an annual income of £10,171 (which includes a £571 contribution towards building insurance). This offers investors the chance to achieve a gross return of 8.4% when based on the quoted guide price with potential to increase further depending on how the property is developed in the future. The property is located to the North West of Dewsbury town centre, and just 0.4 miles from the Dewsbury and District Hospital. 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.

Tenure

Freehold

Charges and Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT.

Local Authority

Kirklees Council

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.