90/92 Morley Street, Bradford, West Yorkshire, BD7 1AF
FOR SALE: £210,000
Floor Area (approx.): 233.7 sq m (2513 sq ft)
Investment property for sale
SITUATION
The premises occupy a prominent corner position fronting Morley Street and Chester Street in the heart of Bradford’s food circuit. Other occupiers in the vicinity include Lawi Restaurant (next door), Cojo’s Cuts (barbers), Chicken and Kashmir restaurant (opposite), whilst closeby is award winning The International Restaurant and My Lahore.
The new Bradford College campus is in the immediate locality as is the popular Alhambra Theatre and the new Bradford Live venue (3,800 seater capacity).
PROPERTY/ACCOMMODATION
The property comprises an end of terrace 2 storey stone building with overhauled pitched slated roof. The premises have been recently refurbished and have traded as a popular bar and food businesses for a significant number of years.
The property comprises the following:
|
|
Sq. m. |
Sq. ft. |
|
Ground Floor Restaurant with kitchen servery |
77.6 |
835 |
|
First Floor Additional seating area |
83.2 |
893 |
|
Customer WCs |
- |
- |
|
Basement Stores |
72.9 |
785 |
|
TOTAL AREA |
233.7 |
2513 |
RATING
A search of the Valuation Office website reveals that the property has the following Rateable Values:
Rateable Value (2026): £14,500
Rates Payable (approx.): £6,003
Parties are advised to check with the local Rating Authority as to the precise current rates liability.
LEASE DETAILS
The premises are currently occupied by way of a 5 year tenant’s full repairing and insuring Lease expiring in January 2030. The tenant had a break option in January 2026 which has not been exercised. The current rent received is £17,000 pa.
SALE PRICE
Offers in the region of £210,000 are sought for the Freehold interest—subject to contract and existing Lease Agreement. A sale at this level would show the investor an investment yield of 8%.
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
We understand that the sale price would be subject to VAT at the standard rate although we envisage that the transaction maybe treated as a TOGC.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Rating for this property is C a copy of the Certificate and Report is available upon request.
