Property & Houses For Sale: Bradford, Highfield Road, Five Lane Ends | Robert watts

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Property description

For sale by Modern Method of Auction Starting Bid Price £160,000, plus Reservation Fee Mixed use residential / commercial semi-detached building occupying a prominent plot close to five lane ends. Ground floor office with ancillary rooms and cellar, first floor spacious one bedroom flat. The office area will be vacant and has been previously let to long term tenants (over 20 years) producing £7,800 per annum, the flat’s current tenant (vacant possession can be arranged if required) has been in situ for 5 years and we understand the tenancy is stable producing £5,280 per annum. Change of use may be possible (subject to necessary permission)

Tenure

Freehold

Council Tax / rates

The flat 19a is council tax band B The ground floor office will be subject to relevant business rates depending on use - contact Bradford council business rates team

Ground floor

Open plan office

open plan office area - WC off - access to cellar

Kitchenette

Selection of wall and base units, work tops

Conservatory

Access to rear garden

Outside

Forecourt area for parking, drive to side providing access to the flat, garage and rear garden

Flat - 19a

Entrance Hall

Stairs lead up

Living Room

Kitchen

Selection of wall and base units, work tops, sink unit, built in oven, hob and extractor

Bedroom 1

Bathroom

Three piece white suite, over bath shower and screen

Auction Terms

This property is for sale by the Modern Method of Auction. Should you view, offer, or bid on the property, your information will be shared with the Auctioneer, iamsold. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer’s solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability, and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. You may be recommended services by the Agent/IAM-Sold. Recommended services are optional and the Agent or IAM-Sold will receive payment from the provider where recommended services are taken. As such you should consider your options before accepting recommended services.