
Garages at Caroline Street, Saltaire, Bradford, BD18 4PW
freehold garage investment producing £489.60 plus VAT per annum together with two substations producing £10 per annumLocation
The site is located at the intersection of Caroline Street and Edward Street in a primarily residential location approximately ½ mile from Shipley town centre and 3½ miles from Bradford city centre.
Description
Detached block comprising six garages together with the freehold interest in two substations.
Costs
Upon completion the purchaser will pay in addition to the gavel price the Council's Solicitor's and Surveyor’s costs of 2% plus VAT of the gavel price, with a minimum of £1,000 plus VAT.
Tenure
Freehold.
Tenancy
The six garages are each let by way of individual licenses each producing £81.60 plus VAT per annum, giving a total income of £489.60 plus VAT
per annum. Both substation are let by way of a single leasehold agreement on a term of 60 years from 01/12/1962 at £10 per annum.
VAT
VAT at the prevailing rate is payable in addition to the gavel price.
Solicitors
City of Bradford Metropolitan District Council, Legal Department, 3rd Floor, City Hall, Bradford, West Yorkshire, BD1 1HY.
Tel: 01274 432491. Fax: 01274 390082. E-mail: mary.gudgeon@bradford.gov.uk.
Contact: Mrs Mary Gudgeon.

Copyright 2010 Pugh & Company Ltd - 4 The Parks, Newton le Willows, WA12 0JQ - Tel. 0844 2 722444 - Email.