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Lot

008

Auction Ends: 19/07/2023 10:58 - Bidding opens Tuesday 18th July 10:00 AM

Garages On The North-West Side Of Peel Street, Thornton, Bradford, West Yorkshire, BD13 3JL

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Sold for

£31,000

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Property Details

Location

Description

A high-yield investment opportunity comprising a freehold parcel of land containing 6 lock-up garages, 5 of which are let at £50pcm per garage. As such, there is a total annual rental income of £3,000. We are advised there are no written agreements in place. The plot is roughly rectangular in shape and extends to approximately 154 m2 (184 sq yds).

Location

The plot is located at the end of Peel Street, a cul-de-sac, in a densely populated residential area. Much of the nearby properties are terraced houses without garages. Peel Street is located near to Thornton town centre, whilst Bradford city centre is approximately 4 miles to the east.

Approx Site Area

154 m2 (184 sq yds).

Tenure

The land is sold freehold.

Tenancy

We are advised that the 5 agreements for the renting of the garages are verbal and were transferred to the vendor when they purchased the plot.

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

General

1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 18TH JULY AND CLOSES ON WEDNESDAY 19TH JULY.