The property is situated with frontages to both Guy Street and Edward Street, just off Bolling Road, close to the junction of Bolling Road with Wakefield Road (A650) on the southern periphery of Bradford City Centre. The property is situated in an established commercial/industrial area, close to Bradford Outer Ring Road (Croft Street – A647) and near to the Shipley Airedale Road which adjoins Wakefield Road and which provides access to both the south including Bradford Outer Ring Road (A6177), the M606 at Staithgate and, through to the north via Canal Road to Shipley, Keighley, Guiseley and beyond.
The property therefore has excellent communications by road and is situated only a few hundred yards to the south of Bradford Interchange, providing good rail communications. Nearby occupiers include HQ Banqueting Suite, Frank Key Tool Hire, jsl Bathrooms, Print Plus UK, Cartec of Bradford, Rapide Products etc.
The property comprises a former school building, which has been converted at ground floor to provide warehousing and manufacturing and includes a number of mezzanine floor areas. The warehousing has been extended into the adjoining building, and there is a single storey building utilised for trade counter purposes and further storage. The first floor is fitted out as office accommodation and, the property includes a yard area for loading, car parking etc with access from Guy Street.
The property provides the following approximate gross internal floor areas:-
Former School Building
Ground Floor 320.51 sqm (3,450 sqft)
Mezzanine 64.57 sqm (695 sqft)
First Floor 282.42 sqm (3,040 sqft)
Ground Floor 69.31 sqm (746 sqft)
Ground Floor 99.50 sqm (1,071 sqft)
First Floor 99.50 sqm (1,071 sqft)
Total Gross Internal
Floor Area Approx. 935.80 sqm (10,073 sqft)
Yard/car parking area with access from Guy Street
The property is currently assessed for rating purposes as follows:-
Description: Warehouse and Premises
Rateable Value: £19,750
The Uniform Business Rate for 2019/2020 is 50.4 pence in the £.
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.
The property is offered to let on a new full repairing and insuring lease for a term to be agreed.
£42,500 per annum
Offers are invited in the region of £465,000 subject to contract for the freehold interest with vacant possession (plus VAT).
The property is registered for VAT and VAT will be charged on both the rent and the purchase price at the standard rate.
Each party to be responsible for their own legal costs incurred in the transaction.
The Energy Performance Certificate (EPC) rating for the property is:-
E - 105