Eddisons: Last Chance To Place Your Bids

By Bridging Loan Directory -

Eddisons has attracted 155 lots for its last two day property auction of the year which takes place on the 6th and 8th of December.

Lots include vacant public houses, tenanted retail, parcels of land, development opportunities, former community centres, vacant or tenanted houses, a quarry and the site of a former Roman fort.

According to Eddisons the last sale of the year provides opportunities for buyers to take advantage of knock down prices.

Tony Webber of Eddisons said: ‘‘With the year end approaching vendors are anxious not to get left with unwanted stock.

‘All the lots are priced to sell which should mean buyers have a good chance to pick up an early Christmas present.’

Among the lots is a former Leeds pub which has a guide price of just £5,000 plus.

The Whinmoor public house on Stanks Lane South in the Swarcliffe area of Leeds includes a manager’s flat and car park. The leasehold interest is being offered with 35 years left to run.

Commercial investment opportunities include a portfolio of seven retail units, two flats, seven garages and a parcel of land in Bramley near Leeds.

In total the properties on Henconner Lane generate annual income of £43,682 and have a guide price of £330 to £350,000, a gross return of 13.24%.

Highlights of the Manchester sale could include a high yielding part let retail investment property in Bolton which offers a possible return of over 36%.

The property on Bridge Street comprises three adjacent single storey units and could generate annual income of £18,000 when fully let. The guide price is £50,000 plus.

Meanwhile, Load Field Quarry in Bolderstone near Sheffield which extends to 10.5 acres is being offered on the instructions of the mortgagees, not in possession at a guide price of £100,000 plus.

And a parcel of grazing land in York, which was formerly the site of a Roman fort, has a guide price of £6,000 plus.

The two day sale takes place on December 6 at The Premier Inn, Trafford Park, Manchester and on December 8 at Leeds United Football Club, Elland Road, Leeds. Both sales start at 12.30pm.

The full catalogue is available to view online by clicking here