For Sale By Auction | 12:00, 10 July 2024 | Lot 6

Garages and Land At The Back Of, 200 St. Margarets Road, Bradford, Bradford , West Yorkshire BD7 2BU

Sold

  • Light Industrial

Call the team on 0113 393 3482 for more information

Auction Date

Wed 10/07/2024

Auction Time

12:00

Auction Venue

Live Stream

This exciting investment opportunity comprises 12 garages and a substation. All units are fully let offering a combined income of £11,200 per annum. When based on the quoted guide price this equates to a return of 16%! While the garages are all on verbal agreements, the sub station is let on an impressive 60 year lease. A rent schedule will be included within the legal pack for clarity. The garages are located in an area with a mix of residential and commercial uses and are approximately one mile to the West of Bradford city centre.

Council Tax

Band A.

Tenure

Freehold.

Charges & Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.

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.

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Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.