*Please note this property is subject to a reserve price which is generally no more than 10% higher than the starting bid, both the starting bid and reserve price can be subject to change. T&C's apply to the online Modern Method of Auction, which is powered by Advanced Property Auctions.
Town Street, Horsforth, Leeds, West Yorkshire, LS18 4AW
3 Bedroom Commercial Property
(Reservation Fee Applies - Read More)
Auction from: 24/06/2021 12:00am - to - 24/08/2021 12:00am
Current Highest Bid: £0
Initial Price: £350,000
Share this Property:
Martin Townend Estate Agents
01274 61028419 The Green,
For sale by modern method of auction via Advanced Property Auction
Starting bid: £350,000 PLUS reservation fees.
Townend Estate Agents offer for sale this THREE BEDROOM spacious maisonette apartment, along with TWO COMMERCIAL UNITS BELOW. Currently housing two successful high street business respectively, Shoerenew and MC Consumables. Don't miss this exciting opportunity to purchase in the bustling Horsforth Town Street!! A true throwback to the days of the high street, Horsforth boasts a wide range of independent businesses ranging from Quality Men's & Ladies wear, to bakers, barbers, florists, cafe's, bars, restaurants and Morrisons Supermarket. This rare to market business investment opportunity is perfect for entrepreneurs and landlord alike. The smaller lock up is currently let @ £6,000 p.a, the double fronted shop could return £15,000 pa and the flat above would be achieve £8,000 p.a; a yearly rental income of around £30,000 p.a could be easily achievable!
The property comprises briefly: Two commercial units downstairs (see floorplan for details). Upstairs is a sizable three bedroom maisonette apartment spread over two floors.
Reservation fee of 3% + VAT (Subject to minimum of £5000 + VAT) applies.
Starting Bid and Reserve Price
This property is for sale by the online Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction allows the purchaser 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the sale and takes the property off the market. Fees paid to the Auctioneer are in addition to the price agreed. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to a reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. T&C'S apply to the online Modern Method of Auction, which is operated and powered by Advanced Property Auction.
Energy Performance Certificate (EPCs)
Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.