FOR SALE
CITY CENTRE RETAIL INVESTMENT OPPORTUNITY
11-13 NORTH PARADE, BRADFORD, BD1 3JL PRICE – OFFERS IN THE REGION OF £325,000 \ Located in the ever popular ‘northern quarter’ of Bradford city centre. \ Within walking distance of the Broadway shopping centre. \ Currently producing £26,400 per annum exclusive.
LOCATION
RATEABLE VALUE
The property is located in the heart of the retail core, with the rapidly emerging “northern quarter” nearby. The Broadway shopping centre is within walking distance.
Description / Shop and Premises
The property also forms part of the City Centre Growth zone offering occupiers financial assistance with matters such as business rates, property improvements and recruitment.
VAT Prices and rental are exclusive of VAT if chargeable.
TERMS
DESCRIPTION The property comprises of a mid terrace, stone built building with an extensive frontage on to North Parade. The accommodation is set over three floors and is arranged as follows:2
Basement Ground Floor First Floor Total
Rateable value / £25,000
M 52.30 158.58 156.26 367.14
SQ FT 563 1,706 1,681 3,950
The property is available for sale on a freehold basis and with the benefit of the existing tenant. Further details of the tenancy are available upon request. Price – offers in the region of £325,000.
LEGAL COSTS Each party to be responsible for their own legal costs incurred in the transaction.
VIEWING By prior arrangement with the joint agents:
The premises benefits from the following tenancy: 11-13 North Parade This property is currently let to Shahid Ali for a term of 7 years from the 14 August 2015, at a rent of £26,400 per annum exclusive. This is subject to review on the 14 August 2018. The lease is on an effective repairing and insuring basis.
Eddisons Tel / 01274 734101 Email /
[email protected] Email /
[email protected] Starkeys Tel / 01274 307910 Email /
[email protected] REVISED DECEMBER 2017 SUBJECT TO CONTRACT FILE REF / 731.3703A
01274 734101