This fully let, mixed use investment property will appeal to those seeking a high yield. To the ground floor there is a retail space, store room and wc. To the first floor, known as 2A Jacob Street and with its own entrance, is a tenanted flat. A new three year lease was agreed on the shop in June 2021 taking the total income for the building to £9,480 per annum. This equates to a return of more than 13% based on the guide price. The property is positioned at the end of a popular parade of shops, only 0.5 miles from Bradford city centre. Auction House have not inspected the flat and details will be updated once access is gained. 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
Shop, Store and WC.
First Floor
Flat - Not inspected.
Charges & 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.