Property photos
Auction
Freehold
Guide price
£70,000
Light industrial for sale
And Land At The Back Of, 200 St. Margarets Road, Bradford, West Yorkshire BD7Local area information
Property location
Nearby amenities
- Princeville Primary School 0.2 miles
- Farnham Primary School 0.2 miles
- Bradford Forster Square 1.1 miles
- Bradford Interchange 1.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Bradford to find out more about the local area.
Features and description
- Freehold
- For sale by auction on the 10th July 2024
- Guide price £70,000 +
- 12 Garages & Substation
- All units fully let
- Located one mile west of Bradford town centre
- Council Tax band A
This exciting investment opportunity comprises 12 garages and a substation. All units are fully let offering a combined income of £11,200 per annum. When based on the quoted guide price this equates to a return of 16%! While the garages are all on verbal agreements, the sub station is let on an impressive 60 year lease. A rent schedule will be included within the legal pack for clarity.
The garages are located in an area with a mix of residential and commercial uses and are approximately one mile to the West of Bradford city centre.
Additional Information
Council Tax
Band A.
Tenure
Freehold.
Charges & 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.
The garages are located in an area with a mix of residential and commercial uses and are approximately one mile to the West of Bradford city centre.
Additional Information
Council Tax
Band A.
Tenure
Freehold.
Charges & 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.
More information
Listed by
Auction House West Yorkshire
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