The property is situated in a prominent corner location within Bradford City Centre at the junction of Ivegate and Tyrrel Street close to the prime pitches of Kirkgate and Bank Street. Kirkgate Shopping Centre is within close proximity housing retailers such as Primark, Boots, River Island and The Body Shop, with other nearby occupiers including KFC, Co-operative Bank, NatWest and Betfred.
Tenure
Freehold.
Location
Miles
10 miles west of Leeds, 8 miles north-east of Halifax, 37.5 miles north-east of Manchester
The property is situated in a prominent corner location within Bradford City Centre at the junction of Ivegate and Tyrrel Street close to the prime pitches of Kirkgate and Bank Street. Kirkgate Shopping Centre is within close proximity housing retailers such as Primark, Boots, River Island and The Body Shop, with other nearby occupiers including KFC, Co-operative Bank, NatWest and Betfred.
Tenure
Freehold.
Description
The property comprises a substantial building providing a ground floor banking hall, basement storage, office accommodation on first to third floors and attic storage accommodation. The upper floors are accessed internally via the ground floor and also have self contained access from Tyrrel Street.
Note
This property is being marketed for sale on behalf of Administrators and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Administrators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Administrators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Six Week Completion
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 Gwen Thomas.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a substantial building providing a ground floor banking hall, basement storage, office accommodation on first to third floors and attic storage accommodation. The upper floors are accessed internally via the ground floor and also have self contained access from Tyrrel Street.
Note
This property is being marketed for sale on behalf of Administrators and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Administrators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Administrators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Six Week Completion
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 Gwen Thomas.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review
Ground Basement First Second Third Attic
Banking Hall Storage Office Office Office Storage
317.60 sq m 248.60 sq m 287.20 sq m 311.10 sq m 263.70 sq m 288.60 sq m
10 years from 13/02/2012 until 12/02/2022 on a full repairing and insuring lease (2)
£106,500
12/02/2017
Totals
1,716.80 sq m
(18,487 sq ft)
£106,500
(1) For the year ending 31st December 2013, TSB Bank plc reported a turnover of £37,700,000 pre-tax profits of £109,800,000 and a total net worth of £751,300,000. (Source: www.riskdisk.com 05/06/2014). (2) The lease provides an option to determine the lease in February 2017.
