Retail premises for sale in 39/40 Bank Street, Bradford BD1

Offers in region of £300,000 (£123.25/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.

Retail premises for sale 2,434 sq. ft*

Property description

Sitsituation


The premises, which have recently been refurbished ready for a tenant’s fit out, occupy a prime pedestrianised location within Bradford’s main retailing core with an extensive frontage to Bank St / Darley St close to its junction with Kirkgate. The popular 550,000 sq ft Broadway Shopping Centre and the Kirkgate Centre are a short walk away, as is the proposed Darley Street Market (expected to be complete in Summer 2023).

The immediate locality comprises predominantly multi national occupiers including Waterstones, Greggs etc. Banks / Building Societies include Santander, Lloyds, Halifax Building Society, hsbc etc.


Accommodation


The recently refurbished premises comprise the ground floor and basement of this multi-storey, attractive Listed Victorian building (upper floors separately let).

The accommodation comprises:-

Gross Frontage to Bank Street 14.4 m 47’4”
Gross Frontage to New Market Place 6.2 m
20’5”

Splayed frontage
(with ramp) 2.7m 9’0”

Sq M Sq Ft
Ground floor
Sales area 134.3 1445

Staff kitchen 8.1 87

Basement
Stores 83.8 902


Rent / lease


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

The property is currently occupied by a temporary tenant on flexible terms.


Sale price


The freehold interest may be acquired which includes the upper floors (which have been sold on a long leasehold basis) – Price: £300,000


Bradford city centre growth zone


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


Rating assesment


The property is currently assessed for rating purposes as follows:

Rateable Value £58,000
Rates Payable: £28,942

Due to transitional relief provisions, the rates payable may have no relation to the rateable value. Interested parties are advised to check with the local Rating Authority as to the current rates liability.


Legal costs


The ingoing tenant to be responsible for all legal costs incurred in the transaction.


VAT


We are advised that VAT will be charged on the rent/sale price at the standard rate.


Energy perfomance certifcate


The previous Energy Performance Rating for this property was C, however this has now expired. A new EPC has been commissioned.

Property info

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

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

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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.

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