Lot
015
Auction Ends: 26/03/2025

Salts Wharf, Ashley Lane, Shipley, West Yorkshire, BD17 7DB

Property Details
Location
Description
An attractive, freehold commercial investment generating £14,000 per annum of ground rent via a 125 year long leasehold. The property comprises a substantial office premises occupied by numerous sub-tenants. The long leasehold has a 125 year term from January 2000 and features periodic rent reviews; we understand a review is outstanding and may allow for a buyer to increase the passing rent.
Location
Salts Wharf is situated on the northern periphery of Shipley Town Centre, in an established commercial and office
area, situated alongside the Leeds & Liverpool Canal, with access from Salts Mill Road and ultimately Ashley Lane.
The immediate surrounding area includes a number of office buildings and excellent access is provided via Salts Mill Road from both Otley Road (A6038) and Leeds Road (A657) at the nearby junction to the north of the Leeds & Liverpool Canal.
Tenure
For sale is the freehold title.
Tenancy
Buyers are directed to the legal pack which contains the long leasehold agreement.
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 25TH MARCH AND CLOSES ON WEDNESDAY 26TH MARCH.

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

4. Energy Performance Certificate = B & C.

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