Retail premises for sale in Hall Lane, Bradford BD4

Location

The subject property is located fronting Hall Lane close to its junction with Caledonia Street and Wakefield Road in an established commercial location.

Good main road communications are provided to both Manchester Road (A641) and Wakefield Road (A650) giving access to the Inner and Outer Ring Road and nearby Motorway Network via the M606 which is situated approximately 2-miles to the South.

Nearby occupiers include Wakefield Road Post Office, Pizza Bro & Arabian Sweets Co.

Description

The property comprises an end terrace formerly utilised as a café and has been partitioned internally to provide a seating area, sales/serving / kitchen, separate prep room and WC facilities.

The property may be suitable for alternative uses subject to the usual consents.

Accommodation

According to our measurements taken on site, the property offers the following net internal floor areas:-

Sales / Kitchen 31.96 sqm (344 sqft)

Seating Area 19.98 sqm (215 sqft)

Prep Room / Store 9.72 sqm (105 sqft)

WC --- ---

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Approximate Total Net
Internal Floor Area 61.67 sqm (664 sqft)
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External

On street parking is available on Hall Lane directly outside the property.

Services

The property benefits from the provision of mains electric, gas, water and drainage.

Please Note: None of these services have been tested and prospective tenants are advised to satisfy themselves as to their condition and type.

Outgoings

We understand the property to be assessed for Uniform Business Rates as follows:-

Description: Cafe and Premises
Rateable Value: £5,400

The Uniform Business Rate for 2023/2024 is 51.2 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.

Price

Offers in the region of £110,000 – subject to contract.

Rental

£8,500 per annum exclusive – Subject to lease.

Terms

The property is available to let by way of a new effective full repairing and insuring lease for a term to be agreed. Any term in excess of 3 years will incorporate regular upward only rent reviews.

Legal costs

Each party to be responsible for their own legal costs incurred in the transaction.

Energy performance certificate

An Energy Performance Certificate (EPC) has been commissioned.

VAT

All prices and rentals quoted are exclusive of any VAT liability – if applicable.

Anti-money laundering

In accordance with Anti-Money Laundering Regulations, two forms of id and confirmation of the source of funding will be required from the successful tenant.