Offers over
£50,000
Parking/garage for saleTraction Lane, Bedford MK42
- Leasehold
Sell New Group
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About this property
Rarely available, six wonderful secure private parking spaces
Electric shutter operated door to underground garage (Height restriction)
Very close proximity to Bedford South wing Hospital, and the town centre
Offers over £50,000 - Leasehold
Immediate 'exchange of contracts' available
Some spaces are larger than average
Long lease 991 year remaining & low ground rent of £130 approx per year per spac
Excellent potential yield return
Road worthy cars only, no vans!
Draft Details
This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.
Sell New Group are pleased to be able to offer for sale six secure individual parking spaces located in an underground car park on the popular Britania Gate development in Bedford. Conveniently located within short walk to Bedford South Wing Hospital and Bedford town centre. These spaces will be sold with vacant possession and would make an excellent investment with good yield potential. To book your private viewing, please contact us.
Faq
Roadworthy cars only no vans in accordance with the provisions of the lease
Parking spaces for sale 1,4,6,11,23&24 each on their own Land registry title
Service charge £130 per space per year (Approximately) Managed by Warick Estates
Ground rent £100 per year per unit
The term of the lease is 999 Start of lease 1st January 2017
Height restriction of 1.9 meters 6.2ft
Cash buyers only!
It is the policy of Sell New Group that all clients must be financially pre-qualified, by one of our recommended independent financial advisers, before property comes off the market and a reservation deposit is requested to secure this opportunity.
On reservation, Sell New Group will require:
A copy of the purchaser's id (Driving licence or passport)
Proof of deposit or funds
Utility bill dated within the last 6 months
A non-refundable £6,000 deposit is required to reserve this property; this will be deducted from the overall agreed sale price and is strictly on the basis of a 4 week exchange deadline, starting from when the legal contract has been received
by your solicitor.
Should you wish clarification on any of the above points, please ask prior to any reservation fees being paid.
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More information
Tenure
Leasehold (991 years)
Service charge
£130 per year
Council tax band
Parking spaces
Ground rent
£100
Ground rent date of next review