This extended semi-detached property sits on a generous plot and comprises a ground floor retail unit with a two bedroom self-contained flat above. At present, the property is fully let generating £10,940 per annum. The tenant on the ground floor has been in occupation for approximately 20 years and is expected to sign a new lease prior to the auction. The tenant in the flat due to vacate on the 1st June. We have been advised by the letting agent that a buyer could expect to re-let the flat for £375 pcm increasing the current income. The property occupies a prominent location on Heights Lane and is just 0.1 miles from Lynfield Mount hospital and within walking distance of Bradford Royal Infirmary.
Shop, kitchen, WC and storage area
Flat: two bedrooms, living room, kitchen and bathroom
Parking to the front and side with a garden and double garage to the rear
Charges and Payments
In addition to the deposit Administration Charge: 0.6% inc VAT of the purchase price subject to a minimum of £900 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.
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.
Bradford Metropolitan District Council
Administration Charge - See above
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.