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**SIX PRIVATE SECURE PARKING SPACES LOCATED UNDER GROUND** Traction Lane, Bedford, Bedfordshire, MK42

Key features

  • 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 £154 approx per year per space
  • Excellent potential yield return
  • Road worthy cars only, no vans!

Description

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the policy of Sell New Group that all prospective purchasers must be financially qualified prior to any property being withdrawn from the market. This may be undertaken through one of our recommended independent financial advisers or by provision of satisfactory evidence of funds or mortgage in principle.

Upon reservation, Sell New Group will require the following documentation:

Proof of identity (valid passport or driving licence)
Proof of deposit and/or available funds
Proof of address (utility bill dated within the last 6 months)

A non-refundable reservation fee is payable to secure the property and remove it from the open market. This fee will be deducted from the agreed purchase price upon completion.

The reservation is granted subject to a strict 4-week exchange of contracts deadline, commencing from the date the purchaser's solicitor receives the draft legal contract documentation.

Should exchange of contracts not take place within this period, the vendor reserves the right to re-market the property without further notice, and the reservation fee may be retained.

Please note that Sell New Ltd, the selling agent, has a financial interest in the property.

Prospective purchasers are advised to seek clarification on any of the above terms prior to payment of the reservation fee, as payment will be deemed acceptance of these conditions.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Allocated,Private
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

**SIX PRIVATE SECURE PARKING SPACES LOCATED UNDER GROUND** Traction Lane, Bedford, Bedfordshire, MK42

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About Sell New, St. Neots

The Annexe Elm Croft Little Paxton St. Neots PE19 6QP

The Sell New Group is an independent Estate Agency based on the Cambridgeshire/Bedfordshire border, we provide a personalised service to assist you in purchasing or selling your home.

We are committed to providing a transparent, honest and reliable service. We excel by exceeding our clients expectations and by going that extra mile.

Affordability

Monthly repayments£251
Property: £ 50,000
Deposit: £ 5,000
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference SN01835. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sell New, St. Neots. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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