Commercial property for sale in Ground Rents, James Street, Bradford, West Yorkshire BD1

Guide price £85,000
Interested in this property? Call +44 113 427 6118 * or Request Details

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Commercial property for sale

Property features

  • For sale by auction on the 10th July 2024
  • Guide price £85,000 +
  • Freehold Ground Rents offered
  • Currently generating income of £6,800 p.a
  • Great addition to an investor’s portfolio

Property description

Sure to be of interest to any investors seeking strong returns, we are pleased to offer the freehold ground rents for this mixed-use block comprising 31 apartments and 3 retail units. The total income generated at present is £6,800 per annum.

We understand the leases granted are for 250 years commencing circa 2019 with further information provided within the legal pack

The property is located in the heart of Bradford city centre in West Yorkshire with the Kirkgate Shopping Centre just next door.

Freehold Ground Rents

Additional Information

Tenure

Freehold

Charges And 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.

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.

Property info

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For more information about this property, please contact
Auction House West Yorkshire, LS16 on +44 113 427 6118 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Auction House West Yorkshire, and do not constitute property particulars. Please contact Auction House West Yorkshire for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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