Apartment 11, 12 & 12A, Queens Court, 12, Bull Close Lane, HALIFAX, West Yorkshire, HX1 2ED

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.

Description
Situated within the centre of Halifax, close to the inner ring road, train station and shops, is this period building of Queens Court which has been converted into 14 units. The self-contained flats are arranged over three floors with a 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 and Shower 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

Accommodation (continued)
Room Three: Living/Bedroom and Shower Room
Room Four: Living Room, Bedroom and Shower Room
Room Five: Living Room, Bedroom and Shower Room

Tenure:
Freehold.

EPC 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.

Enquiries:
W H Brown Northern Auctions, 38 High Street, Bawtry, Doncaster, South Yorkshire, DN10 6JE. Tel. 01302 710490.




Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions 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.

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 Barnard Marcus 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.
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.


1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.