This single storey lock up shop is sure to appeal to any investors looking for an affordable addition to their portfolio as at present, the unit is let on a full repairing and insuring lease for a term of 6 years from the 19th of March 2024. The current rent payable is £7,800 per annum which increases to £8,400 per annum on the 19th March 2027. The tenant has paid a deposit equivalent to 3 months rent and has a break clause on the 3rd anniversary of the term. The unit briefly comprises a sales area, kitchen / staff room, store and WC and is located on Cleckheaton Rd, in a cul de sac over looking Huddersfield Rd (A641), one of the main roads providing access to Bradford city centre.

Ground Floor

Retail, Storage, WC, Storage

Additional Information

EPC

Band D.

Tenure

Freehold

Charges and Payments

In addition to the deposit Administration Charge: 1.5% inc VAT of the purchase price subject to a minimum of £2,100 inc VAT.

Disbursements

Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.

Guide Price

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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.