Lot
050
Auction Ends: 26/02/2025 12:27 - Bidding opens Tuesday 25th February 10:00 AM

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

Property Details
Location
Description
A parade of retail premises with rear yard/parking, sold subject to leases (and a licence) detailing, in total, an annual rent of approximately £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.
Approx Site Area
Approximately 464 Sq M (555 Sq Y)
Tenure
The property is sold freehold.
Tenancy
Buyers are advised to read through the tenancy and arrears schedule in the legal pack. We understand there are some rental arrears. 
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
VAT
The sale is intended to be a transfer of a going concern.
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 25TH FEBRUARY AND CLOSES ON WEDNESDAY 26TH FEBRUARY.

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
The sale plan has been updated to reflect a change at its eastern boundary.

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