This mixed use property has the potential to generate a high yield for a landlord. Convenietly located on the busy Thornton Road, the property has communal parking to the front and is surrounded by a variety of other small businesses. The ground floor is currently run as a hair and beauty salon generating an income of £5,200 per annum. The lease, commencing in 2019, is a periodic agreement continuing for a 6 year term. In addition, there is a large vacant two bedroom flat, set over the first and second floors, having its own entrance. The flat also has central heating, double glazing, a modern kitchen and white bathroom suite. When fully let, this property could generate, in excess of, £10,000 per annum. Externally the property benefits from a detached garage and yard. 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
Ground Floor
Hair and beauty salon
First Floor
Living room, kitchen, bedroom and bathroom
Second Floor
Further bedroom
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
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
Administration Charge - See above
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.