Lot 6 - 2B Mill Street, Wibsey, Bradford, West Yorkshire, BD6 3BQ
- Unconditional Online Auction Sale
- Guide Price* : £25,000 plus
- Retail investment
- Ground Floor Unit
- Let at equivalent to £3,640 per annum
On behalf of the Court Appointed Receiver: Ground Floor Retail Unit approximately 21.5 sq.m (231.4 sq. ft) let at equivalent to £3,640 per annum
Description
The property forms part of a terrace property, comprising a ground floor retail/leisure unit, housing a small café with a kitchen and small cleaning room. There is a small dining area within the property with room for approximately five customers, providing the option to eat in at the café. It is sold subject to a tenancy and we understand the rent is £70 per week, is equivalent to £3,640 per annum.
Location
The property is situated approximately 2.25 miles southwest of the town centre, in a predominantly residential area, with access to the A647 less than 1 mile to the north providing good transport routes, providing direct access into Leeds, Halifax, Bradford and Dewsbury. Nearby is Wisbey Park and there is direct access to bus routes on Beacon Road.
In the local area nearby is small convenience stores, local restaurants and a post office.
The area is predominantly residential, of mainly terraced housing and there is a variety of local schools and the aforementioned park nearby the property.
Tenure
Freehold.
Accommodation
Ground Floor: Seating Area, Kitchen and Cleaning Area
Tenancies
Please note that whilst the Property is occupied The Receiver have not taken over the tenancy and can give no warranties regarding the occupation or terms of the tenancy. Information provided from the tenant indicates It is let for a term of 6 years from 5 years from 6th February 2021 at an initial rent of £70 per week (£3,640 per annum equivalent). There is a rent review date of 6th February 2024 and we understand from the tenant that the rent has not been increased.
EPC
Energy Asset Rating is TBC.
Buyers Administration Fee
There will be a Buyer's Administration Fee of £2,700 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
3. The property is being sold under Proceeds of Crime legislation. Please see Legal Pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every 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.
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