CITY CENTRE RETAIL PREMISES WITH DEVELOPMENT POTENTIAL

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FOR SALE/TO LET

CITY CENTRE RETAIL PREMISES WITH DEVELOPMENT POTENTIAL

11-12 RAWSON SQUARE, BRADFORD, BD1 3JP PRICE REDUCED - £250,000 / RENTAL REDUCED - £18,750 PAX \ Situated within the city centre growth zone (priority streets) meaning financial assistance is available to new occupiers. \ Prominent city centre premises with excellent retail frontage. \ Development potential for upper floors.

AVAILABLE SPACE 258.46m² (2,782sq ft)

LOCATION

RATEABLE VALUE

The property is located in the heart of the retail core, with the rapidly emerging “northern quarter” very closeby. Nearby occupiers include a number of national, regional and local businesses including Wilkinson’s, B&M Discount Store and Blues Hairdressing.

Description / Shop and Premises Rateable value / £12,750

Located within the ‘Northern quarter’ leisure area the property also forms part of the City Centre Growth zone (Priority streets) thereby offering occupiers financial assistance with matters such as business rates, property improvements, recruitment etc. for further details visit www.investinbradford.com.

Prices and rental are exclusive of VAT if chargeable.

DESCRIPTION

Alternatively, a new full repairing and insuring lease is available upon terms to be agreed.

The property offers substantial premises which occupy a prominent and visible position.

Price / £250,000. Rental / £18,750 per annum exclusive.

Constructed out of stone under a slate roof, the accommodation is offered over three floors plus a basement. At ground level there is a retail unit with substantial frontage, whilst the upper floors provide at present storage accommodation for these retail premises. However, in our opinion these upper floors would suit redevelopment to either offices or residential accommodation subject to securing the necessary planning consents. With the emergence of the “northern quarter” leisure offering on the doorstep of this property, we can foresee interest from restaurant/bar operators. The following approximate floor areas are provided:-

LEGAL COSTS

UNIT Ground Floor First Floor Second Floor Total Floor Area

2

M 94.30 82.41 81.75 258.46

SQ FT 1,015 887 880 2,782

Please note there is also a basement storage area of approximately 400sq.ft.

01274 734101

VAT

TERMS The property is available for sale on a freehold basis with vacant possession upon completion.

In the event of a sale each party will be responsible for their own costs incurred. In the event of a letting, the ingoing tenant will be responsible for both parties reasonable legal costs incurred.

VIEWING By prior arrangement with the agents: Eddisons Tel / 01274 734101 Email / [email protected] Email / [email protected] REVISED FEBRUARY 2017 SUBJECT TO CONTRACT FILE REF / 731.3660A