This established industrial unit has been let to the same tenant for 20 years and is currently generating an impressive annual income of £16,800. When based on the quoted guide price that equates to a return of more than 12%. The property has not been fully inspected by Auction House, but measurements taken from the VOA website advise that it is 392.36 square metres (4,223 square feet) with accommodation split over ground and mezzanine levels. The property is located to the southeast of Bradford city centre close to the outer ring road and just 1.8 miles from the M606 motorway link road. Interested parties are asked to liaise with Auction House directly and not disturb the tenant. 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
Store, office, toilet and warehouse area.
Second floor
Office and mezzanine storage.
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. Search Fees: £240 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.