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Parking for sale

Traction Lane, Bedford MK42
Online viewing
Chain-free
Cash buyers only
Parking
656
EPC rating: C
Added < 14 days

Key information

TenureLeasehold | 992 yrs left
Ground rent£100 per annum | review period: unconfirmed
Service charge£130 per annum
Council taxAsk agent
BroadbandUltra-fast 1800Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • 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
  • Service charge £154 per year per space (Approx)
  • The term of the lease is 999 Start of lease 1st January 2017
  • Excellent potential yield return
  • Road worthy cars only, no vans! Some spaces are larger than average
  • Height restriction of 211cm approx due to electric shutter door.

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 £154 per space per year (Approximately) Managed by Warrick Estates

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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About this agent

Sell New Group - St. Neots
Sell New Group - St. Neots
The Annexe, Elm Croft St. Neots, Cambridges PE19 6QP
020 7768 9476
Full profileProperty listings
Most Trusted Estate Agents Established in 2014, our aim was to be the most trusted estate agency in the region and we are pleased that to date we hold 100’s of 5* reviews from happy Vendors, Purchasers & Developers. Experts In The Area The Sell New Group primarily operates within a 30 mile radius of our head office in St Neots. This enables the team to have in-depth local knowledge of the area we operate in and by working with a select amount of clients at a given time, we can give our clients the full focus, energy and commitment that they and their product require. Unrivalled Enthusiasm & Passion We love what we do and really care about this industry and want to offer buyers and sellers the service they desire; we’ll deliver on both passion and enthusiasm and set out to be the most trusted specialists in the area.
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