Retail premises to let in 47A Kirkgate, Bradford BD1

Situation

The premises occupy one of the most prominent positions within Bradford’s traditional central retail core, with frontages onto pedestrianised Kirkgate and Bank Street.

Bank Street (Darley Street) is one of the main retail thoroughfares and its intersection with pedestrianised Kirkgate provides access to all of the City Centre’s amenities, including the popular Broadway Shopping Centre.

Various national retailers are represented closeby including Pound Bakery, British Heart Foundation, Betfred etc, whilst the City Centre’s principal bank branches are closeby (Nationwide, Halifax, Lloyds etc.).

Other occupiers include Savers and McDonalds whilst directly opposite is Kirkgate Shopping Centre and the proposed Darley Street market (under construction) and scheduled for completion in 2024.

Property/accommodation

The unit forms part of Pearl Assurance House, an attractive Grade II Listed building.

The premises, the sales area of which has been refurbished, provides the following approximate net internal floor areas.
Sq m Sq ft
Ground floor
Open plan sales area 72.1 776
Side window display areas 6.6 71
Rear store 13.8 148
Rear Strong room 8.7 94

Lower ground floor
Additional window sales area 9.1 98

Basement
Various stores / staff kitchen. Overall 90.6 975
WCs - -

Rating

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

Rateable Value: £15,750
Rates Payable (approx.): £6,520

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

Rent

£25,000 per annum exclusive Subject to Lease, Plus VAT.

Lease

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

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. For further information please contact Invest in Bradford

Legal costs

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

VAT

We are advised by the Landlords that VAT will be charged on the rent at the standard rate.

Energy performance certificate

An EPC has been commissioned.