Bull Close Lane
- Investment opportunity. purchase of the freehold and ground rents for the building.
- Also includes two tenanted flats, office space and five room lets.
- Current combined income in excess of £41,000.
- Situated close to halifax town centre
Council Tax Band: B
Tenure: Freehold
communal hallway and lift, which needs repair. The sale is to purchase the freehold of the building including the ground rents at £100 per annum, per flat. The building is self-managed by the current owner and therefore the
service charge of £45 per calendar month is also paid by each flat. The sale also includes flats no.11 and no.12 which are both of a good size with two bedrooms and are currently tenanted and let at £600 PCM each. Number 12A Bull Green Lane has a front office and wc, which is currently used by the owner, but offers the potential to rent out for additional income. The remainder of the ground floor of the property is arranged as five rooms each
with washing facilities and use of a communal kitchen. All five rooms are currently let producing £25,260 per annum, however unit 12A, does not have a HMO licence. Please refer to the legal pack for any other information and further details on the tenancy agreements.
Accommodation
Flat 11: Entrance Hall, Living, Dining Area, Kitchen, Two Bedrooms andShower Room.
Flat 12: Entrance Hall, Living, Dining Area, Kitchen Two Bedrooms and
Shower Room.
12A: Communal Entrance Hall. Office Space with Access to the Basement
with WC.
Hallway, Communal Kitchen: With a range of units with cooking facilities.
Room One: Living/Bedroom and Shower Room
Room Two: Living/Bedroom and Shower Room
Room Three: Living/Bedroom and Shower Room
Room Four: Living Room, Bedroom and Shower Room
Room Five: Living Room, Bedroom and Shower Room
Tenure
FreeholdEpc Ratings
Flat 11: C, Flat 12: C, Unit 12A: C.Council Tax Bands
11: B, 12: B, 12A: D. Taken from the gov.uk website.Important Notice
Important Notice:For each Lot, a contract documentation fee of £1800 (inclusive of VAT) is payable to the Auctioneers by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Important Notice Continued:
**PLEASE CONTACT THE AUCTIONEERS AT [email protected] TO REQUEST A COPY OF THE LEGAL PACK, IF THIS IS AVAILABLE WE CAN EMAIL IT OVER TO YOU**Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller's instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst the auctioneers make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Important Notice Continued:
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.Registration for bidding online will close the Friday before the auction sale. Please ensure you register and submit all the details and documents required in time. Without authorisation to bid prior to the sale you will be unable to bid in the auction.
Utility supply:
- Electric Ask agent
- Water Ask agent
- Heating Ask agent
- Broadband Ask agent
- Sewerage Ask agent
Rights and restrictions:
- Private rights of way Ask agent
- Public rights of way Ask agent
- Listed property Ask agent
- Restrictions Ask agent
Risks:
- Flooded in last 5 years Ask agent
- Flood defences Ask agent
- Source of flood Ask agent
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Mortgage enquiry
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