61A / 61B Listerhills Road Bradford West Yorkshire BD7 1DL

  • 61A / 61B Listerhills Road<br>Bradford<br>West Yorkshire<br>BD7 1DL

61A / 61B Listerhills Road
Bradford
West Yorkshire
BD7 1DL

Freehold Retail Investment

  • Majority let to One Stop Stores Limited (a part of Tesco Plc)
  • Approximately 3,920 sq ft
  • Close proximity to University of Bradford City Campus, Bradford College and Bradford's Learning Quarter
  • Prominent Roadside Location
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    42
  • Auction
    16th February 2017
  • Rent
    £47,500 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Freehold Retail Investment

  • Majority let to One Stop Stores Limited (a part of Tesco Plc)
  • Approximately 3,920 sq ft
  • Close proximity to University of Bradford City Campus, Bradford College and Bradford's Learning Quarter
  • Prominent Roadside Location
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 42
  • Auction 16th February 2017
  • Rent £47,500 per Annum Exclusive
  • Status Sold Prior
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
7 miles north-east of Halifax, 9 miles west of Leeds, 20 miles south-west of Harrogate
Roads
A647, A658, A6177
Rail
Bradford Interchange and Bradford Forster Square Railway Stations
Air
Leeds/Bradford International Airport
Situation

The property occupies a corner position fronting Listerhills Road and Hey Street, less than half a mile south-west of Bradford City Centre. The University of Bradford City Campus is about 100
metres away housing a large student population and providing further retail and leisure facilities.

Tenure

Freehold.

Location
Miles
7 miles north-east of Halifax, 9 miles west of Leeds, 20 miles south-west of Harrogate
Roads
A647, A658, A6177
Rail
Bradford Interchange and Bradford Forster Square Railway Stations
Air
Leeds/Bradford International Airport
Situation

The property occupies a corner position fronting Listerhills Road and Hey Street, less than half a mile south-west of Bradford City Centre. The University of Bradford City Campus is about 100
metres away housing a large student population and providing further retail and leisure facilities.

Tenure

Freehold.

Description

The property comprises two ground floor retail units which benefit from rear access and loading.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Description

The property comprises two ground floor retail units which benefit from rear access and loading.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Tenancy & Accommodation

Unit Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Retail/Ancillary
232.26 sq m
(2,500 sq ft)
 ONE STOP
STORES LIMITED
(1)		 15 years from
11/12/2013 until
10/12/2028 (2)		 £25,000 11/12/2018
11/12/2023
Retail/Ancillary
131.92 sq m
(1,420 sq ft)
 IDEAL STUDENT
MANAGEMENT
LIMITED (t/a MBI)		 5 years from
13/02/2015 until
12/02/2020		 £22,500 -
Totals
364.18 sq m
(3,920 sq ft)
     £47,500  

(1) For the year ending 27 February 2016, One Stop Stores Limited reported a turnover of £958,669,000, pre-tax profits of £15,031,000 and a total net worth of £174,115,000. One Stop Stores Limited are a subsidiary company of Tesco Plc. The tenant is not currently in occupation. (Source: Experian Group 18/01/2017).
(2) The lease provides for a tenant only option to determine on 11/12/2023.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Schofield Sweeney 72 New North Road
Huddersfield
West Yorkshire
HD1 5NW
Basharat Ali 01484 915 013basharatali@schofieldsweeney.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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