20 to 40 Market Square, 1 to 3 Well Croft and 16 to 18 Kirkgate Shipley West Yorkshire BD18 3QH

  • 20 to 40 Market Square, 1 to 3 Well Croft and 16 to 18 Kirkgate<br>Shipley<br>West Yorkshire<br>BD18 3QH

20 to 40 Market Square, 1 to 3 Well Croft and 16 to 18 Kirkgate
Shipley
West Yorkshire
BD18 3QH

Unbroken Retail Parade Investment

  • Prime Town Centre Retail Investment
  • Substantial unbroken retail parade of 21 shops fronting Shipley's Market Square
  • Tenants include Iceland, Superdrug, HSBC, Specsavers and Holland & Barrett
  • Attractive Mix of National and Independent Occupiers
  • Immediate Active Management opportunities
  • Lot
    7
  • Auction
    17th September 2026
  • Rent
    £468,250 per Annum Exclusive
    with 4 Shops To Be Let
  • Status
    Available
  • Guide*
    £3,800,000 - £4,000,000
  • Auction Venue
    Live Streamed Auction
  • On Behalf of a Major Fund
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Unbroken Retail Parade Investment

  • Prime Town Centre Retail Investment
  • Substantial unbroken retail parade of 21 shops fronting Shipley's Market Square
  • Tenants include Iceland, Superdrug, HSBC, Specsavers and Holland & Barrett
  • Attractive Mix of National and Independent Occupiers
  • Immediate Active Management opportunities
  • Lot 7
  • Auction 17th September 2026
  • Rent £468,250 per Annum Exclusive with 4 Shops To Be Let
  • Status Available
  • Guide* £3,800,000 - £4,000,000
  • Sector
    Retail, High Street Retail
  • Auction Venue
    Live Streamed Auction
  • On Behalf of a Major Fund

Property Information

Location
Miles
3 miles north of Bradford, 10 miles west of Leeds, 15 miles north-west of Wakefield
Roads
A650, A6038, A657
Rail
Shipley Railway Station (services to Leeds and Bradford)
Air
Leeds Bradford Airport
Situation

The property is prominently situated in the heart of Shipley town centre, fronting the popular pedestrianised Market Square, with return frontages to Well Croft and Kirkgate. Shipley Railway Station is approximately 250 metres east of the property. The property benefits from the recently completed £3 million public realm improvements to Market Square, which have enhanced the pedestrianised environment with new landscaping, seating and public spaces. The town centre benefits from excellent car parking provision, with public parking available in Market Place and the approximately 460-space ASDA car park a short walk away from the property.

Tenure

Long Leasehold. The property is held from the City of Bradford Metropolitan City Council for a term of 199 years from 1 April 1956 until 2155, at a fixed annual rent of £1,200 per annum exclusive.

Location
Miles
3 miles north of Bradford, 10 miles west of Leeds, 15 miles north-west of Wakefield
Roads
A650, A6038, A657
Rail
Shipley Railway Station (services to Leeds and Bradford)
Air
Leeds Bradford Airport
Situation

The property is prominently situated in the heart of Shipley town centre, fronting the popular pedestrianised Market Square, with return frontages to Well Croft and Kirkgate. Shipley Railway Station is approximately 250 metres east of the property. The property benefits from the recently completed £3 million public realm improvements to Market Square, which have enhanced the pedestrianised environment with new landscaping, seating and public spaces. The town centre benefits from excellent car parking provision, with public parking available in Market Place and the approximately 460-space ASDA car park a short walk away from the property.

Tenure

Long Leasehold. The property is held from the City of Bradford Metropolitan City Council for a term of 199 years from 1 April 1956 until 2155, at a fixed annual rent of £1,200 per annum exclusive.

Description

The property comprises an entire substantial and imposing unbroken retail parade providing 21 retail units, each with retail accommodation on the ground floor and ancillary first floor accommodation. The property benefits from prominent frontage to the pedestrianised Market Square, and frontages to both Well Croft and Kirkgate, each retail unit benefits from rear servicing via Kirkgate and Well Croft.

VAT

VAT is applicable to this lot.

EPC

Please refer to the Tenancy and Accommodation schedule.

Description

The property comprises an entire substantial and imposing unbroken retail parade providing 21 retail units, each with retail accommodation on the ground floor and ancillary first floor accommodation. The property benefits from prominent frontage to the pedestrianised Market Square, and frontages to both Well Croft and Kirkgate, each retail unit benefits from rear servicing via Kirkgate and Well Croft.

VAT

VAT is applicable to this lot.

EPC

Please refer to the Tenancy and Accommodation schedule.

Tenancy & Accommodation

Unit Floor Use Floor Areas sq m Floor Areas sq ft Tenant Term Rent p.a.x. Rent Reviews
(Reversion)		 EPC
1/3 Well Croft Ground
First		 Retail
Ancillary
124.63
75.73
(1,341)
(815)
 HSBC UK BANK PLC (CRN: 09928412)(2) 5 years from 27/03/2026
£32,500
(26/03/2031)
 D
20 Market Square Ground
First
Second		 Retail
Retail
Ancillary
89.44
134.98
17.60
(962)
(1,452)
(189)
 MARIE CURIE CANCER CARE (CRN: 00507597)(3) 5 years from 25/10/2023
£20,000
(24/10/2028)
 E
21 Market Square Ground Retail
56.86
(612)
 SEQUENCE (UK) LIMITED (CRN: 04268443) t/a William H Brown(4) 10 years from 01/10/2016
£20,300
(30/09/2026)(19)
 C
24/25 Market Square Ground
First		 Retail
Ancillary
127.71
88.35
(1,374)
(951)
 THE WORKS STORES LIMITED (CRN: 06557400)(5) 3 years from 23/11/2021 - Holding over
£27,500
Holding over
 D
26/27 Market Square Ground
First		 Retail
Ancillary
219.50
199.50
(2,362)
(2,147)
 SUPERDRUG STORES PLC (CRN: 00807043)(6) 5 years from 11/06/2026
£42,000
(10/06/2031)
 D
28 Market Square Ground
First		 Retail
Ancillary
73.65
33.55
(792)
(361)
 SPORTSWIFT LIMITED (CRN: 03493972) t/a Card Factory(7) 10 years from 14/11/2016
£25,000
(13/11/2026)(19)
 D
29 Market Square Ground
First		 Retail
Ancillary
60.30
27.35
(649)
(294)
 SPECSAVERS OPTICAL SUPERSTORES LIMITED (CRN: 01721624)(8) 10 years from 28/10/2015
£31,000
(24/12/2025)(19)
 C
30 Market Square Ground
First		 Retail
Ancillary
458.64
411.61
(4,935)
(4,429)
 ICELAND FOODS LIMITED (CRN: 01107406)(9) 5 years from 12/01/2025
£60,000
(11/01/2030)
 B
31 Market Square Ground
First		 Retail
Ancillary
46.15
12.89
(497)
(139)
 AARDUA LIMITED (CRN: 12206678)(10) 10 years from 03/11/2021
£15,000
(02/11/2031)
 C
32 Market Square Ground
First		 Retail
Ancillary
72.80
60.29
(783)
(649)
 GREGGS PLC (CRN: 00502851)(11) 5 years from 25/03/2026
£20,000
(24/03/2031)
 C
33/34 Market Square Ground
First		 Retail
Ancillary
243.49
98.07
(2,620)
(1,055)
 BANK OF SCOTLAND PLC (CRN: SC327000)(12) 2 years from 17/11/2024
£40,000
(16/11/2026)
 C
35 Market Square Ground
First		 Retail
Ancillary
119.70
107.30
(1,288)
(1,155)
 THE CHURCH OF ENGLAND CHILDREN'S SOCIETY (CRN: 00040004) t/a The Children's Society(13) 10 years from 23/05/2014 - Holding over
£28,000
Holding over (19)
 E
36 Market Square Ground Retail/Ancillary
84.80
(912)
 WILLIAM HILL ORGANIZATION LIMITED (CRN: 00278208)(14) 20 years from 21/08/2008
£23,950
(20/08/2028)
 D
37 Market Square Ground
First		 Retail
Ancillary
148.69
56.40
(1,600)
(607)
 AC YORKSHIRE LTD (CRN: 16832635) t/a Pepe's Piri Piri(15) 15 years from 11/08/2026
£25,000
(11/08/2041)
 C
38 Market Square Ground Retail
42.66
(459)
 INDIVIDUALS t/a John Kearns Butcher(16) 5 years from 15/10/2025
£13,500
(14/10/2030)
 D
40 Market Square Ground
First		 Retail
Ancillary
97.76
145.60
(1,052)
(1,567)
 HOLLAND & BARRETT RETAIL LIMITED (CRN: 02758955)(17) 10 years from 03/10/2016
£29,500
(02/10/2026)(19)
 B
18 Kirkgate Ground
First		 Retail
Ancillary
61.60
36.19
(663)
(389)
 VASILIS LTD (CRN: 15281731) t/a The Greek Corner(18) 5 years from 29/04/2024
£15,000
(28/04/2029)
 D
16 Kirkgate Ground
First		 Retail
Ancillary
54.73
27.46
(589)
(295)
 VACANT POSSESSION       E
22 Market Square Ground
First		 Retail
Ancillary
61.32
38.39
(660)
(413)
 VACANT POSSESSION       E
23 Market Square Ground
First		 Retail
Ancillary
60.97
35.83
(656)
(386)
 VACANT POSSESSION       B
39 Market Square Ground Retail
51.55
(555)
 VACANT POSSESSION       C
Total Approximate Floor Areas    
3,964.04(1)
(42,653)
    
£468,250 with 4 shops to be let
    

(1) The floor areas stated above are those published by the Valuation Office Agency, new HMRC (www.voa.gov.uk).
(2) As for 1/3 Well Croft, for the year ended 31 December 2025, HSBC UK BANK PLC (CRN: 09928412) reported a Revenue of £10,468,000,000, Pre-Tax Profit of £5,619,000,000 and Net Assets of £28,261,000,000 (Annual Report and Accounts as published on Companies House: 26/08/2026). The lease provides for the tenant option to determine the lease on the 27th of March 2029.
(3) As for 20 Market Square, MARIE CURIE is the UK’s leading end of life charity, providing care and support to people living with terminal illness through its nursing services, hospices and support services; see www.mariecurie.org.uk.
(4) As for 21 Market Square, SEQUENCE (UK) LIMITED (CRN: 04268443) is a national estate agency business providing residential sales, lettings and associated property services through a network of over 300 branches; see www.sequencehome.co.uk.
(5) As for 24/25 Market Square, for the 52-week period ended 4 May 2025, THE WORKS STORES LIMITED (CRN: 06557400) reported a Revenue of £277,039,000, Pre-Tax Profit of £5,843,000 and Net Assets of £20,856,000 (Annual Report and Financial Statements as published on Companies House: 26/08/2025).
(6) As for 26/27 Market Square, for the 52-week period ended 27 December 2025, SUPERDRUG STORES PLC (CRN: 00807043) reported a Revenue of £1,719,824,000, Pre-Tax Profit of £144,068,000 and Net Assets of £471,187,000 (Annual Report and Financial Statements as published on Companies House: 24/06/2026). The lease provides for the tenant option to determine the lease on the 11th June 2029.
(7) As for 28 Market Square, for the year ended 31 January 2025, SPORTSWIFT LIMITED (CRN: 03493972) reported a Revenue of £507,769,000, Pre-Tax Profit of £72,957,000 and Net Assets of £71,490,000 (Annual Report and Financial Statements as published on Companies House: 26/08/2025).
(8) As for 29 Market Square, for the year ended 28 February 2026, SPECSAVERS OPTICAL SUPERSTORES LIMITED (CRN: 01721624) reported a Turnover of £4,261,818,000, Pre-Tax Profit of £429,693,000 and Net Assets of £506,167,000 (Report and Consolidated Financial Statements as published on Companies House: 26/08/2026).
(9) As for 30 Market Square, for the 52-week period ended 28 March 2025, ICELAND FOODS LIMITED (CRN: 01107406) reported a Turnover of £4,117,500,000, Pre-Tax Profit of £76,600,000 and Net Assets of £707,300,000 (Financial Statements as published on Companies House: 26/08/2025). The lease provides for the tenant option to determine the lease on the 12th January 2028.
(10) As for 31 Market Square, AARDUA LIMITED (CRN: 12206678) is a private limited company operating in the hairdressing and beauty sector.
(11) As for 32 Market Square, for the 52-week period ended 27 December 2025, GREGGS PLC (CRN: 00502851) reported a Revenue of £2,151,200,000, Pre-Tax Profit of £171,900,000 and Net Assets of £625,200,000 (Annual Report and Accounts as published on Companies House: 26/08/2026).
(12) As for 33/34 Market Square, for the year ended 31 December 2025, BANK OF SCOTLAND PLC (CRN: SC327000) reported Total Income of £14,935,000,000, Pre-Tax Profit of £1,768,000,000 and Net Assets of £16,333,000,000 (Annual Report and Accounts as published on Companies House: 26/08/2026).
(13) As for 35 Market Square, THE CHURCH OF ENGLAND CHILDREN'S SOCIETY (CRN: 00040004), trading as The Children’s Society, is a national charity supporting children and young people facing poverty, abuse and other serious challenges; see www.childrenssociety.org.uk.
(14) As for 36 Market Square, for the year ended 31 December 2024, WILLIAM HILL ORGANIZATION LIMITED (CRN: 00278208) reported a Revenue of £502,400,000, Pre-Tax Profit of £30,500,000 and Net Assets of £17,500,000 (Annual Report and Accounts as published on Companies House: 26/08/2026).
(15) As for 37 Market Square, AC YORKSHIRE LTD (CRN: 16832635) operates the Pepe’s Piri Piri brand, specialising in freshly prepared grilled piri piri chicken for eat-in and takeaway; see www.pepes.co.uk. The lease provides for the tenant option to determine the lease on the 10th August 2033.
(16) As for 38 Market Square, the lease provides for the tenant option to determine the lease on the 15th October 2028.
(17) As for 40 Market Square, for the year ended 30 September 2025, HOLLAND & BARRETT RETAIL LIMITED (CRN: 02758955) reported a Turnover of £719,309,000 and Net Assets of £359,421,000 (Annual Report and Accounts as published on Companies House: 26/08/2026).
(18) As for 18 Kirkgate, VASILIS LTD (CRN: 15281731) is a private limited company operating a restaurant/café at 18 Kirkgate, Shipley.
(19) As to 21,28,35 and 40 Market Square, negotiations to renew the leases are underway.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Gway KanokwuttipongGway Kanokwuttipong +44 (0)20 7034 4864 +44 (0)7456 888 750gway.kanokwuttipong@acuitus.co.uk
Associate AuctioneersJonathan Heptonstall 0207 318 7843jonathan.heptonstall@eu.jll.com
Seller's Solicitors
Gowling WLG Two, Snowhill
Birmingham
B4 6WR
Matt Walker +44 (0)370 733 0640matt.walker@gowlingwlg.com  Jason Davenport +44 (0)370 733 0640Jason.Davenport@gowlingwlg.com

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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