Lot
049
Auction: October 2023 Online Auction 18/10/2023 - Bidding opens Tuesday 17th October 10:00 AM

Units 1-4 Broadgate House, Manor Row, Bradford, West Yorkshire, BD1 4QQ

Property Details
Location
Auction Details
Description
A city-centre, commercial investment opportunity comprising 4 x ground floor units in the prominent Broadgate House, 3 of which are sold subject to commercial leases. The property will provide rental income to the buyer and has potential for the income to increase via some asset management. We are advised the property is Grade II-listed.
Location
The property is located in Bradford city centre, fronting Manor Row at its intersection with Broad Street, and is easily accessible via the A6181 which joins the A658 and A647. Bradford Forster Square is located nearby along with a range of national brands and occupiers.
Accommodation

UnitFloor Area
1

Basement: 63 sq m (678 sq ft)

Ground Floor: 78 sqm (840 sq ft)

Total: 141 sq m (1,518 sq ft)

2

Basement: 58.5 sq m (629 sq ft)

Ground Floor: 64 (690 sq ft)

Total: 123.5 sq m (1,329 sq ft)

3

Basement: 68 sq m (733 sq ft)

Ground Floor: 65.5 sq m (706 sq ft)

Total:133.5 sq m (1,436 sq ft)

4Ground Floor: 70 sq m (756 sq ft)
Total468 sq m (5,036 sq ft)
Buyers must satisfy themselves as to the accommodation. The above floor areas are approximate and taken from the VOA website. 
Tenure
The property is sold leasehold on a 125 year term from 1st January 2003 with a peppercorn rent.
Tenancy

UnitTenantLease DetailReserved Rent
1Pakistan International Airlines
15 year lease commenced March 2020£16,000
2Coco Sand Ltd*5 year lease commenced March 2023£10,000
3Vacantn/an/a
4Individual 3 year lease commenced May 2021£9,500**
* We are advised the lease is backed by two personal guarantors. 
**We are advised Unit 4 is not currently occupied and the rent is not being paid.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 17TH OCTOBER AND CLOSES ON WEDNESDAY 18TH OCTOBER.

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