The property is situated on Hall Lane in a well established industrial area immediately to the south of the City Centre, and boasts excellent communication links being close to A650, M62 and M606. Nearby occupiers include Biffa Bradford, Fix Auto Bradford South and Mayfair Worktops.
Tenure
Freehold.
Location
Miles
8 miles west of Leeds, 30 miles north-east of Manchester
The property is situated on Hall Lane in a well established industrial area immediately to the south of the City Centre, and boasts excellent communication links being close to A650, M62 and M606. Nearby occupiers include Biffa Bradford, Fix Auto Bradford South and Mayfair Worktops.
Tenure
Freehold.
Description
The property comprises a detached single storey trade counter/warehouse and benefits from a large rear yard including car parking for about 40 cars to the rear.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
See Legal Pack
Description
The property comprises a detached single storey trade counter/warehouse and benefits from a large rear yard including car parking for about 40 cars to the rear.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
See Legal Pack
Tenancy & Accommodation
Floor
Use
Gross Internal Floor Areas Approx sq m (1)
Gross Internal Floor Areas Approx sq ft (1)
Tenant
Term
Rent p.a.x.
Rent Review
Ground
Trade Counter/Ancillary
697.05
(7,503)
ALLIANCE AUTOMOTIVE UK CV LIMITED (t/a CV Components) (2)
10 years from 13/07/2022 on a full repairing and insuring lease (3)
£40,000 (4)
13/07/2027 (5)
Total
697.05
(7,503)
£40,000 (4)
(1) Areas provided by VOA (https://www.tax.service.gov.uk/business-rates) (2) The Alliance Automotive UK Limited were founded in 1998 and now trade from over 200 locations across the UK, servicing customers with parts and accessories for Light and Commercial Vehicles (www.allianceautomotive.co.uk). For the year ending 31/12/2021, Alliance Automotive UK CV Limited reported an annual turnover of £55,538,631, a pre-tax profit of £2,660,787 and a net worth of £5,093,519 (D&B Finance Analytics Report) (3) The lease is full repairing and insuring, subject to a Schedule of Condition. (4) The tenant is paying half rent (£20,000 pax) until 12/03/2024, after which the rent rises to £40,000 p.a.x. The Seller will pay the Buyer the total rent that would have been due from Completion of the sale until 12/03/2024. (5) Rent reviewed to the higher of open market or RPI.
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
