34/36 Ivegate, Bradford, West Yorkshire, BD1 1SW
TO LET: £24,000 pax
Floor Area (approx.): 233.5 sq m (2514 sq ft)
Prominently positioned City Centre premises fronting pedestrianised Ivegate.
SITUATION
The premises front onto pedestrianised Ivegate, particularly popular in recent times with independent bars and mobile phone retailers.. These include Crown Sports Bar and The Dubliner. The historic Sunbridge Wells Complex is closeby.
Ivegate is a popular pedestrian thoroughfare linking Kirkgate through to Market Street which in turn provides access to the popular Broadway Shopping Centre, City Park and all amenities. Kirkgate Shopping Centre is also closeby and earmarked for demolition to make way for the proposed “Bradford Urban Village”.
PROPERTY/ACCOMMODATION
The property comprises a double fronted commercial building providing a well proportioned predominantly open plan ground floor sales area with ancillary basement stores (access via a trapdoor).
|
|
Sq. m. |
Sq. ft. |
|
Ground Floor |
91.3 |
983 |
|
Basement Not inspected |
- |
- |
|
First floor Stores / staff facilities |
52.7 |
568 |
|
Second floor Stores / staff facilities |
53.0 |
570 |
|
Attic 2 Basic stores with WC |
36.5 |
393 |
RATING
A search of the Valuation Office website reveals that the property has the following Rateable Values:
Rateable Value £10,500 (2023);£14,000 (2026)
Rates Payable (approx.): £5,240 (2023) (TBC—2026)
Parties are advised to check with the local Rating Authority as to the precise current rates liability.
At the time of preparing these particulars, this property (with a Rateable Value of less than £12,000) should not be liable to pay Business Rates (subject to qualifying conditions).
RENT
£25,000 per annum exclusive Subject to Lease.
LEASE
The property is available to let upon a new effective full repairing and insuring lease for a term to be agreed and incorporating upwards only rent reviews.
INCENTIVES
The ingoing Tenant may be required to alter/install a new shop front as well as WC facilities and associated services in order to make the ground floor unit self-contained from the upper floors, which have been earmarked for residential conversion (subject to suitable plans, consents etc.).
INVEST IN BRADFORD
Bradford Council run various schemes which may offer help and support. For further information please contact Invest in Bradford
LEGAL COSTS
Each party to be responsible for their own legal costs in this transaction
VAT
Our clients advise that VAT is not chargeable upon the rent, although they reserve the right to do so.
ENERGY PERFORMANCE CERTIFICATE
An Energy Performance Certificate has been commissioned.
