Lot
076
Auction: February 2024 Online Auction 28/02/2024 - Bidding opens Tuesday 27th February 10:00 AM

415 Thornton Road, Thornton, Bradford, West Yorkshire, BD13 3JN

Property Details
Location
Auction Details
Description
This mixed use property, in Thornton village, will appeal to those looking for a high yielding investment. The building has a vacant retail unit to the ground floor, previously run as beauty salon at £600 per calendar month, plus 6 x tenanted studios spread over the four floors. Planning permission was granted for the conversion into 5 studios (2017) and an application for a certificate of lawfulness, for the additional studio, is pending. This will be added to the legal pack once received. The property is let to students and is currently generating an income of £30,000 per annum. This could be increased to £37,000/£38,000 per annum, once the retail unit is relet.
Location
Located in the centre of Thornton village, approximately 4 miles east of Bradford city centre.
Outside
Street lined to the front and a yard to the rear providing parking for a number of vehicles.
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 27TH FEBRUARY AND CLOSES ON WEDNESDAY 28TH FEBRUARY.

3. Energy Performance Certificate: Flats 1 - 5 = E
Flat 6 = C
Retail Unit = C
Addendum
We have been advised by the seller that the tenant in the retail unit has vacated. The income, as of the 27th of February stands at £30,000 per annum. This is based on the 6 x tenanted studios only.

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