Retail premises for sale in 2 North Parade, Bradford BD1

POA
Retail premises for sale 2,827 sq. ft*
Interested in this property? Call +44 1274 506652 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Situation


The premises are situated in a prominent corner position in the heart of the ”Independent Quarter” being particularly popular with bars (The Sparrow, Plonk, The Record Café and The Peacock). Boyes Department Store and the Oastler Centre are all in the immediate locality.

Metered parking is permitted upon North Parade.


Property/accommodation


The Grade 2 Listed property comprises an attractive and imposing 3/4 storey Listed stone building, benefiting from extensive window displays and characterful recessed entrance (with lockable gated access).

The premises provide the following approximate dimensions net internal floor areas:-

Gross Frontage (North Parade) 7.5 m 24 ft 6 In
Gross Frontage (Upper Piccadilly) 7.3 m 24 ft 0 in
Internal Width 7.4 m 24 ft 2 in
Sales Depth 7.2 m 23 ft 9 in

Sq m Sq ft
Ground Floor
Sales Area 50.4 542

Basement
Stores 53.4 575

First Floor
Ancillary 52.9 570

Second Floor
Ancillary (approx.) 52.9 570

Attic
Stores (approx.) 52.9 570

Total Approx. Net Floor Area 262.5 2827


Rating


A search of the Valuation Office website reveals that the property has the following Rateable Value:-

Rateable Value (2017): £12,500
Rates Payable (approx.): £ 6,000

Parties are advised to check with the local Rating Authority as to the precise current rates liability.


Rent


£17,500 per annum exclusive subject to Lease.


Lease


The property is available to let upon a new full repairing and insuring lease for a term to be agreed and incorporating upwards only rent reviews.


Management charge


In addition to the rent, the ingoing tenant will be responsible for the payment of a management charge of 7.5% (+ VAT) of the rent.


Sale


Our clients may consider a sale of the property – £175,000 – Subject to Contract


Bradford city centre growth zone & townscape heritage scheme


We believe the premises are situated within the Growth Zone and Heritage Scheme and as such, the occupier of the premises may be eligible for financial assistance with matters such as business rates, recruitment, repairs etc. For further information please contact Invest in Bradford on or go to


Legal costs


The ingoing tenant to be responsible for their own and the landlord’s reasonable legal costs in this transaction.


VAT


Our client advises that VAT is not chargeable on the rent/sale price, although they reserve the right to do so.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Sharma Williamson, LS28 on +44 1274 506652 * (local rate)

Contact Sharma Williamson about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Sharma Williamson, and do not constitute property particulars. Please contact Sharma Williamson for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Properties on the market nearby

11 more properties like this

View all North Parade commercial properties for sale