City centre retail premises suitable for various uses (subject to PP).

SITUATION

The premises front onto Ivegate, a busy pedestrianised street within Bradford City Centre, particularly popular with various food outlets and independent mobile phone operators.  Recently, the street has become established as one of the City’s main bar circuits with a raft of new openings (including the Drum Winder, The Olde Crown, Yates etc), whilst closeby is the popular Sunbridge Wells complex. 

Ivegate links to pedestrianised Kirkgate, one of the main shopping streets within Bradford City Centre with access to both Kirkgate and Broadway Shopping Centres.

 PROPERTY/ACCOMMODATION

The accommodation, which forms part of a 3 storey building is situated at ground floor level and was last occupied by a national charity shop/retailer.  

The premises provide the following approximate net internal floor areas.

RATING

A search of the Valuation Office website reveals that the property has the following Rateable Values:- 

Rateable Value: £6,300

Rates Payable (approx):  £3,143

 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).  

Parties are advised to check with the local Rating Authority as to the precise current rates liability. 

RENT

Reasonable rental offers are invited.

LEASE

The property is available to let upon a new full repairing and insuring lease for a term to be agreed and incorporating upwards only rent reviews. 

BRADFORD CITY CENTRE GROWTH ZONE

We believe the premises are situated within the Growth Zone and as such, the occupier of the premises may be eligible for financial assistance with matters such as business rates, property improvements, recruitment etc.  For further information please contact Invest in Bradford

LEGAL COSTS

Each party to be responsible for their own reasonable legal costs in this transaction. 

VAT

Our clients advise that VAT is chargeable on the rent etc. at the prevailing rate. 

PLANNING

The property benefits from a Change of Use Planning Consent (Ref: 19/04063/FUL) from A1 (retail) to A4 (drinking establishment).  Further details can be found by visiting   https://planning.bradford.gov.uk/online-applications/ and entering the planning reference or alternatively, upon request. 

ENERGY PERFORMANCE CERTIFICATE

The Energy Performance Rating for this property is D, a copy of the Certificate and Report is available upon request.