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2, 2A & 4 Forber Grove, Dick Lane, Bradford, BD4 8ND

Lot no: 205 Sold at Auction for £110,000
 

Guide Price £100,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Friday 30th October 2020

10.30am
Key Features
  • Former retail premises and two self-contained flats sold with vacant possession
  • Good transport links for access to Bradford and Leeds city centre
  • Development potential subject to planning consents
  • Excellent investment opportunity
  • EPC Rating: E, C & D
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Sold at Auction for £110,000

Mixed Use

Property Description:

2a Forber Grove is a two-storey property comprising a retail shop at ground floor level and a self-contained two bedroom flat to the first floor. The flat has a separate entrance at the rear. 2 Forber Grove originally comprised a one bedroom flat but is now used as a storage area for the shop. 4 Forber Grove is a one bedroom maisonette in a two storey block.

The property benefits from good transport links, including A6177 close-by, providing access to Bradford and Leeds city centre. Bradford interchange railway station is under three miles away and there is also a good local bus network in operation.
The accommodation comprises:

Ground Floor:

Main shop area, back room and kitchen area, storage room, Wc

First Floor: 2a Forber Grove, self-contained flat :

Two bedrooms, kitchen, living room, bathroom (bath and sink unit only), toilet.

First Floor: 4 Forber Grove, self-contained maisonette:

Bedroom, en-suite, kitchen, lounge.

Tenure:

Freehold.



Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.