2 bedroom apartment for sale
Key information
Property description & features
- FOR SALE BY MODERN METHOD OF AUCTION WITH A STARTING BID OF £135,000 PLUS RESERVATION FEE
- MIXED RESIDENTIAL /COMMERCIAL PROPERTY
- ANNUAL RENTAL INCOME OF £13,000
- FREEHOLD COMMERCIAL PROPERTY
- EPC RATING D
- SITUATED NEXT DOOR TO BUTCHERS ARMS PUB AND CORAL BOOKMAKERS
- PLENTY OF FOOTFALL WITH NEARBY SHOPS, SCHOOLS AND CAFE'S
FOR SALE BY MODERN METHOD OF AUCTION ( T & Cs APPLY)
STARTING BID OF £135,000 PLUS RESERVATION FEE.
Check out this brilliant investment opportunity generating £13,000 per annum. This freehold property which is mixed commercial/residential property currently is currently an established fast food pizza premises and further one bedroom self contained flat above. The tenants are on a new lease from 2023 for seven years. The property consists of sales/waiting area and two food preparation areas and basement store with further first floor WC. A further one bedroom self contained first floor flat with with large dining kitchen and spacious lounge and double bedroom and bathroom and further loft space on the second floor. This is a fantastic chance for a keen investor.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties' personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £450. These services are optional.
Location - Situated just off the busy A638 Halifax Road this busy street has plenty of footfall and is close by are a host of of other long standing business like the Butchers Arms free house and Coral bookmakers and nearby takeaways and cafes. The property is close proximity to nearby shops, schools and Dewsbury district hospital
Accommodation - The property consists of the shop front with sales/waiting area and further preparations rooms and lower level storage. Having external steps leading to the first floor wc and store room.
The self contained flat consists of open plan dining kitchen and first floor bathroom and further lounge and bedroom and stairs to loft space.
Hallway
Dining Kitchen 4.99m x 4.11m
Lounge 4.74m x 3.02m
Bedroom 1 4.22m x 3.01m
Loft 4.40m x 3.46m
Bathroom
Description - Check out this brilliant investment opportunity generating £13,000 per annum. This freehold property which is mixed commercial/residential property currently is currently an established fast food pizza premises and further one bedroom self contained flat above. The tenants are on a new lease from 2023 for seven years. The property consists of sales/waiting area and two food preparation areas and basement store with further first floor WC. A further one bedroom self contained first floor flat with with large dining kitchen and spacious lounge and double bedroom and bathroom and further loft space on the second floor. This is a fantastic chance for a keen investor.
Services - We understand the property benefits from mains water, sewer drainage and electricity along with lighting and heating. However no tests have been carried out on any of the aforementioned services or appliances and therefore we are unable to comment as to their condition or capacity.
Energy Performance Certificate - The premises have been assessed with an EPC rating of D. A copy of the EPC is available on request.
Non Domestic Rating - To follow
Planning - We understand the property has approved A5 planning for the sale of hot food for consumption.
Tenure - We are advised the premises are freehold
Price - FOR SALE BY MODERN METHOD OF AUCTION ( T & Cs APPLY)
STARTING BID OF £135,000 PLUS RESERVATION FEE. This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties' personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £450. These services are optional.
Tenancy Details - The property is currently leased on a seven year lease with an annual rent of £13,000.
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