Ground Floor, High Point, Westgate, Bradford, West Yorkshire, BD1 3JS
TO RENT OR FOR SALE: Rent: £55,000 pax / Sale: £595,000
Floor Area (approx.): 450.0 sq m (4843 sq ft)
Prominent Class E unit within landmark building.
SITUATION
The premises are situated at ground floor level within High Point, one of the City’s most recognisable landmark buildings.
The accommodation has multiple frontages but with its principal frontage onto Westgate, a busy vehicular thoroughfare on the north western periphery of Bradford City Centre and adjacent to the Goitside Conservation Area, where a number of former mill buildings have been converted to residential apartments.
Opposite, is the Council owned Oastler Centre which, together with adjoining sites has been earmarked for “Bradford’s Urban Village”. All City Centre amenities are within walking distance, as are the University of Bradford/Bradford College Campuses.
PROPERTY/ACCOMMODATION
The commercial unit is situated at ground floor level within this landmark building known as Highpoint (and once the home of Yorkshire Building Society HQ), the upper floors of which have been tastefully converted to provide 87 upmarket apartments operated by Radii, where we understand occupancy levels are high (see: www.radiiliving.com) .
The premises provide the following approximate accommodation:
|
|
Sq. m. |
Sq. ft. |
|
Ground Floor Lofty former banking hall in shell condition enjoying full height glazed elevations to 3 sides |
380.0 |
4090 |
|
Basement 2 stores / ancillary areas |
70.0 |
753 |
|
TOTAL AREA |
450.0 |
4843 |
Outside
· The potential for external seating area.
· Secure parking for 6 vehicles
RATING
The accommodation will be assessed for rating purposes upon occupation.
Parties are advised to check with the local Rating Authority as to the precise current rates liability.
RENT / LEASE
The property is available to let upon a new effective full repairing (with a service charge) and insuring lease for a term to be agreed and incorporating upwards only rent reviews at a quoting rent of £55,000 per annum exclusive—Subject to Lease.
GUIDE SALE PRICE
£595,000 for the Long Leasehold interest (envisaged to be a 999 year lease at a peppercorn rental with service charge).
INVEST IN BRADFORD
Bradford Council run various schemes which may offer help and support. For further information please contact Invest in Bradford on 01274 437727 or by clicking the following link:
https://www.investinbradford.com
LEGAL COSTS
Each party to be responsible for their own legal costs in this transaction
VAT
We are advised by our clients that VAT is not chargeable upon the rent / sale price however they reserve the right to do so if appropriate.
ENERGY PERFORMANCE CERTIFICATE
An Energy Performance Certificate has been commissioned.