Postponed | Lot 31

11 Town Hall Street, Sowerby Bridge, West Yorkshire, HX6 2EA

Postponed

  • Mixed Use
  • Tenure: See legal pack

Call the team on 0113 393 3482 for more information

Auction Date

Wed 27/03/2019

Auction Time

14:00

Auction Venue

Norman Hunter Banqueting Suite Elland Road Stadium, Leeds, LS11 0ES

A Four Storey Property comprising a Shop & 3 Apartments Part Tenanted

A Four Storey Property comprising a Shop & 3 Apartments Part Tenanted. Occupying a prime position within the main retailing area of Sowerby Bridge this is an ideal property for an investor looking to add value to the already significant income to maximize the return. The shop and two apartments are currently occupied producing £13,140pa with the first floor apartment on the market at an asking rental of £350pcm suggesting a rental income in excess of £17,000pa when fully let. Each apartment has one bedroom and all four units are separately metered for electricity.

Tenure

See legal pack

Description We have not had sight of the tenancy agreements but have been verbally advised that the income is as detailed below.

Ground Floor Shop/Salon 14’3 x 26’10” (4.34m x 8.17m) Rear Salon 9’0” x 6’4” (2.75m x 1.93m) Kitchen 5’6” x 6’10” (1.67m x 2.08m) with WC off. Let to Bridge Barbers at a rental of £5,400pa/£450pcm Rear entrance to Apartments

First Floor Apartment One

Lounge/Kitchen 16’10” x 14’0” (5.12m x 4.27m) Inner Hall Bedroom 10’3” x 14’5” (3.12m x 4.39m) Shower Room with Shower, WC & whb. Tenanted at £4,200pa/£350pcm to a long term tenant.

Second Floor Apartment Two

Lounge/Kitchen 15’4” x 13’2” (4.67m x 4.02m) Inner Hall Bedroom 9’2” x 14’2” (2.80m x 4.32m) Shower Room with Shower, WC & whb. Vacant and on the market at £4,200pa/£350pcm

Third Floor Apartment Three

Lounge/Kitchen 16’1” x 15’5” (4.90m x 4.69m) Bedroom 10’7” x 13’0” (3.22m x 3.96m) Shower Room with shower, WC & whb. Tenanted at £3,540pa/£295pcm

Energy Efficiency Rating (EPC)

Current Rating TBC

Local Authority

Calderdale Council

Additional Fees

Administration Charge - 0.6% inc VAT of the purchase price subject to a minimum of £900.00 inc VAT.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.