For Sale by online Auction, bidding opens Thursday 31st October at 10:00am. A Commercial investment located in Dewsbury currently producing £18,000 per annum, with potential to increase dramatically, or potential alternative uses (STP).

Description

Location
The premises are prominently located at the junction of Union Street and Croft Street in Dewsbury town centre close to the new Dewsbury College campus, the main retail areas of the town and within walking distance of the bus and railway stations.

Dewsbury is approximately 10 miles south west of Leeds and 9 miles north east of Huddersfield within easy access of junction 40 of the M1 or junction 28 of the M62.

Description
The premises comprise a two storey stone building with timber and glazed shop facade. The ground floor and first floor have separate entrances and there is both pay and display on and off street car parking nearby.

Lease in Place:
The ground floor office has a fully repairing lease in place with Qualtect Ltd. The lease is for 10 years with no break clause. The lease has been running for 18 months at a monthly rent of £1500 + vat

The top floor is currently vacant, but benefits from its own separate access, the office has its own toilet and kitchen also. We would expect a similar rent to the ground floor office, once made available to the open rental market. But potential purchasers are advised to carry out their own due diligence regarding the rental figures.

Accommodation
The ground and first floor sections of the property have separate accesses. The ground floor has glazed showroom style frontage.
The accommodation is partitioned to form a series of private and general offices with kitchen and WCs.

The property has the following net internal floor areas:-
Ground floor 90.79m² (936 sq ft)
First floor 101.36m² (1,091 sq ft)
Total Net Internal Floor Area 192.15m2 (2,027 sq ft)

Services:
Mains electricity, gas, water and drainage are connected to the property. The property has electrical and fluorescent lighting installations, central heating pipes and radiators. These services and installations have not been tested and prospective purchasers must satisfy themselves with regard to condition and capacity.

Ratings:
Ground Floor Shop & Premises RV £6,200
First Floor Offices & Premises RV £5,700

Disclaimer:
Plans, information, Size & Boundaries The information and plans attached to these particulars have been produced in good faith. They are for illustrative purposes only and their accuracy is not guaranteed. The successful purchaser will be deemed to have full knowledge of all boundaries and information in relation to the property, neither the Vendor nor the auctioneer will be responsible for defining the boundaries or any information for the ownership thereof.

Tenure:
Freehold
EPC Rating: D (99)

Buyers Premium

* Plus 5% Buyers Premium + VAT

Pre Auction Offers Are Considered

The seller of this property may consider a pre-auction offer prior to the auction date.  All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit.  To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.  To find out more information or to make a pre-auction offer please contact us.