Property Auctions 09/Jul/2015 | City Exchange, Hall Ings, Bradford, West Yorkshire, BD1 5SG

Substantial Office Building with Potential

5,248.39 sq m (56,494 sq ft) offered with Vacant Possession
Prominent landmark building within Bradford city centre
Future development potential (subject to consents)
Rights to on-site parking
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 45
Auction 9th July 2015
Vacant Possession
Status Sold
Price £650,000
Sector
Office
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On behalf of Joint LPA Receivers JLL

Property Information

Location

Miles: 10 miles west of Leeds, 8 miles north-east of Halifax, 37.5 miles north-east of Manchester
Roads: M606, M62, A6177, A650
Rail: Bradford Interchange Rail
Air: Leeds Airport

Situation

The property is prominently situated within the city centre on the southern side of Hall Ings opposite Bradford’s City Hall and adjacent to The Bradford Exchange providing train, bus and coach services to West Yorkshire and all parts of the UK. The property is also located within a short walk of Bradford’s new Centenary Square/City Park offering a variety of bars, cafés and restaurants.

Tenure

Virtual Freehold. Held from West Yorkshire Combined Authority for a term of 999 years from 01/01/2002 until 31/12/3001 at a peppercorn rent.

Location

Miles: 10 miles west of Leeds, 8 miles north-east of Halifax, 37.5 miles north-east of Manchester
Roads: M606, M62, A6177, A650
Rail: Bradford Interchange Rail
Air: Leeds Airport

Situation

The property is prominently situated within the city centre on the southern side of Hall Ings opposite Bradford’s City Hall and adjacent to The Bradford Exchange providing train, bus and coach services to West Yorkshire and all parts of the UK. The property is also located within a short walk of Bradford’s new Centenary Square/City Park offering a variety of bars, cafés and restaurants.

Tenure

Virtual Freehold. Held from West Yorkshire Combined Authority for a term of 999 years from 01/01/2002 until 31/12/3001 at a peppercorn rent.

Description

The property comprises a seven storey office building with ground floor reception, basement storage accommodation. In addition to the main building, there is a two storey annex. The property also benefits from rights to 73 car parking spaces, of which 44 are available during office hours only.

SIX WEEK COMPLETION

Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

Viewings

There will be a block viewing for this property.
Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Henry Wilkinson. Telephone: +44 (0)20 7034 4861.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a seven storey office building with ground floor reception, basement storage accommodation. In addition to the main building, there is a two storey annex. The property also benefits from rights to 73 car parking spaces, of which 44 are available during office hours only.

SIX WEEK COMPLETION

Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

Viewings

There will be a block viewing for this property.
Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Henry Wilkinson. Telephone: +44 (0)20 7034 4861.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant
Basement First Second Third Fourth Fifth Sixth Seventh Annex (Ground) Annex (First)	Storage Office Office Office Office Office Office Office Office Office	405.44 sq m 574.88 sq m 761.12 sq m 629.61 sq m 631.02 sq m 646.22 sq m 634.69 sq m 633.49 sq m 137.13 sq m 194.79 sq m	(4,364 sq ft) (6,188 sq ft) (8,193 sq ft) (6,777 sq ft) (6,792 sq ft) (6,956 sq ft) (6,832 sq ft) (6,819 sq ft) (1,476 sq ft) (2,097 sq ft)	VACANT POSSESSION
Totals		5,248.39 sq m	(56,494 sq ft)