Lot
104
Auction: January 2025 Online Auction 29/01/2025 - Bidding opens Tuesday 28th January 10:00 AM

7-9, 11, 13 & 13a Chapel Lane, Bingley, West Yorkshire, BD16 2NG

Property Details
Location
Auction Details
Description
A parade of retail premises with rear yard/parking, sold subject to leases (and a licence) detailing, in total, an annual rent of £45,500. Buyers are directed to the legal pack to view the tenancy schedule. The parade comprises 4 units with a parking yard with 3 spaces to the rear. Located in the centre of Bingley town centre, the property offers an opportunity for an investor to acquire a block of commercial premises already generating a strong rental income.
Location
The property fronts Chapel Lane, in Bingley town centre, which joins Main Street. Nearby commercial occupiers include Lidl and ALDI, with good transport links provided by the nearby A650 and Bingley train station.
Tenure
The property is sold freehold.
Tenancy

PropertyTenantRent Reserved (pa)

7-9 Chapel Lane

Ladbrokes£24,500
11 Chapel LaneIndividual£10,250
13 Chapel LaneDarren Todd Limited

£6,400

£350 (parking space)

13a Chapel LaneIndividual£4,000 (includes parking space)
Parking SpaceIndividual £350pa
Total
£45,500

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 28TH JANUARY AND CLOSES ON WEDNESDAY 29TH JANUARY.

3. The pre-authorisation amount for the bidding deposit is £5,000 for this lot.

4. Buyers are advised to read through the tenancy and arrears schedule in the legal pack. We understand there are some rental arrears.
Addendum
Buyers are advised to read through the tenancy and arrears schedule in the legal pack. We understand there are some rental arrears.

Our Nearest Office

Leeds 600x300

Leeds

Search Available
Online Auctions
Search online auction icon
Guide to
Buying at Auction
Buying guide icon
Guide to Selling
Your Property
Selling guide icon
Sign Up For
Auction Alerts
Alert icon