Block of flats for sale in Kirkgate, Silsden BD20, £595,000

595,000.00

Offer Nr.:
62257388
Type of ad:
for Sale
Property type:
Block of flats
Contact name:
Mark Brearley & Co
Phone(s):
01274 506504

**Location
**
The property is situated at the centre of Silsden, fronting onto Kirkgate
(A6034), the main route through the town and the main shopping street.
Kirkgate links Silsden through to Keighley Road, which joins the A629 Aire
Valley Trunk Road, to the south of the town, giving access to Keighley,
Skipton and beyond.
The building benefits from a central position, with all necessary amenities
nearby. Occupiers in the vicinity include Hill’s Bakery, Silsden Sub - Post
Office, Kirkgate fisheries, The Red Lion Hotel, Silsden Vets, and the Skipton
Building Society.
The town benefits from a large Coop Food store at the northern end, and an
Aldi Supermarket to the South.
**Description/tenancies
**
The property comprises a block of 6 flats, and one retail unit. The
residential properties comprise 2 one bed studio units, a 3 x 2 bed duplexes,
and a 3 bed duplex apartment.
There is a retail unit located fronting onto Kirkgate.
The property is currently producing a gross annualised rental of £48, 560. 20
pa.
A copy of appropriate documents can be made available if required.
**Services
**
The property benefits from the provision of mains electric, water and
drainage. One of the flats has a gas supply.
Please Note: None of these services have been tested and prospective tenants
are advised to satisfy themselves as to their condition and type.
**Outgoings
**
We understand the property to be assessed for Uniform Business Rates as
follows: -
Description: Shop and Premises
Rateable Value: £7, 100
The Uniform Business Rate for 2023/2024 is 51. 2 pence in the £.
Due to transitional relief provisions, the rates payable may have no relation
to the rateable value. Interested parties are advised to check with the Local
Rating Authority as to the current rates liability.
The residential parts are assessed for Council tax purposes under Band A.
**Price
**
£595, 000 Subject to Contract for the freehold interest, and subject to
lease/assured shorthold tenancy agreements.
**Legal costs
**
Each party to be responsible for their own legal costs incurred in the
transaction.
**Energy performance certificate
**
The Energy Performance Certificates (EPC’s) for the residential parts of the
property range between C - 80 and E – 43 for the residential parts. Copies of
EPC’s can be provided on application.
The commercial section of the property has an EPC Rating of C – (68)
**VAT
**
All prices and rentals quoted are exclusive of any VAT liability – if
applicable.
**Anti - money laundering
**
In accordance with Anti - Money Laundering Regulations, two forms of id and
confirmation of the source of funding will be required from the successful
tenant.

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