This mixed use investment currently comprises a self-contained retail unit to the front with spacious three bedroom residential accommodation to the rear and upper floors. At present, the property's total annual income is £10,140 meaning a return of more than 13% based on the quoted guide price. The property is located just off Thornton Road with a range of shops and amenities right on the doorstep. Interested parties should be aware than number 3 next door is also available to purchase in the auction.
Retail premises and dining kitchen
Two bedrooms, bathroom and a further room
One bedroom and additional room
Yard 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.
Energy Efficiency Rating (EPC)
Current Rating Please refer to the legal pack
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.