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Shops for auction in Crown Flatt Way, WF12

Create Alert 2 results Sorry, we currently do not have any listings in 0 miles of Crown Flatt Way, WF12 - Please find below the nearest listings available.
*UNSOLD, THE LAST BID WAS £160,000. PLEASE REFER TO AUCTIONEER FOR RESERVE*

Tenure
Freehold

Location
The property occupies a prominent position in the heart of Bradford city centre within a main shopping thoroughfare and just a short walk form the Kirkgate Shopping Centre. The open spaces of Centenary Square are within easy reach. Transport links are provided by Bradford Forster Square rail station.

Description

The property comprises a mid terrace building arranged over ground and three upper floors currently arranged as a ground floor shop with ancillary accommodation to the upper floors.

Accommodation
Ground Floor
Retail Area 113.64 sq m (1,223 sq ft)

First Floor
Ancillary 88.88 sq m (956 sq ft)

Second Floor
Ancillary 85.94 sq m (925 sq ft)

Third Floor
Ancillary 34.37 sq m (370 sq ft)

Total 322.83 sq m (3,474 sq ft)

Tenancy
The ground & first floors are let on a commercial lease for a term of 5 years commencing 14/09/10 at a rent of £15,000 per annum (holding over). The second and third floors are vacant.

Notes
We understand that a Section 25 notice has been served on the tenants. Buyers are referred to the legal pack for full details.

Auction House London has not inspected the property. Buyers are advised to make their own enquiries.

VAT
VAT is applicable

Addendum
Please note that this property is subject to a Buyers Premium of £900 inc VAT. This is in addition to the buyer's admin fee of £900 inc VAT charged by the auctioneers.
14-16, Rawson Place, Bradford, BD1 3QQ
A CITY CENTRE DOUBLE FRONTED GRADE II LISTED MID TERRACE BUILDING COMPRISING A GROUND FLOOR RETAIL UNIT WITH ANCILLARY ACCOMMODATI...
Type: Retail
Location: 14-16 Rawson Place, BD1 3QQ
Size: 322.83 Sq M
Images: 1
Brochures: 1
View Property
*UNSOLD, THE LAST BID WAS £240,000. PLEASE REFER TO AUCTIONEER FOR RESERVE*

This impressive mixed use new build property comprises three shops and two flats, is fully let and generating an annual income of £30,120. This equates to a return of 12.5% when based on the quoted guide price.

The developer responsible for the project was intending to retain the asset and therefore invested heavily in quality building materials including locally sourced Yorkshire Stone and triple glazed windows. The finish of the flats is equally impressive with the tenant occupying the two lower ground floor retail units hoping to complete the fit out in the next two months.

Tenure

Freehold

Charges & Payments

In addition to the deposit
Administration Charge: 0.6% inc VAT of the purchase price subject to a minimum of £900.00 inc VAT.

Energy Efficiency Rating (EPC)

Current Rating Please refer to legal pack

Local Authority

Bradford Metropolitan District 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.
2 Pearson Lane / 160A, Allerton Road, Bradford, BD8 0AA
This impressive mixed use new build property comprises three shops and two flats, is fully let and generating an annual income of ...
Type: Retail, Flat, Mixed use, Residential, Other Property Types & Opportunities
Location: 2 Pearson Lane / 160A Allerton Road, Bradford, BD8 0AA
Images: 19
Brochures: 1
View Property
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