The Wool Exchange Market Street Bradford West Yorkshire BD1 1RE

  • The Wool Exchange<br>Market Street<br>Bradford<br>West Yorkshire<br>BD1 1RE

The Wool Exchange
Market Street
Bradford
West Yorkshire
BD1 1RE

Prime City Centre Mixed Use Freehold Investment

  • Highly Attractive Mixed Use Landmark Building
  • Tenants include Waterstones on e Renewed 5 year lease
  • Substantial Mixed-Use Building of approx. 2,875 sq m (30,942 sq ft)
  • Asset Management Opportunities, including Potential Break up Opportunity.
  • Alternative Use or Residential Conversion Potential of Upper parts (Subject to Consents)
  • Adjacent to Barclays, Natwest, Lloyds, Metro Bank and HSBC and the major neighbouring Broadway Shopping Centre with some 80 Retailers including Primark, Next, H&M, JD Sports and Boots
  • Lot
    10
  • Auction
    29th October 2026
  • Rent
    £268,690 per Annum Exclusive
    with first floor Offices to be Let
  • Status
    Available
  • Guide*
    £1,800,000 - £1,900,000
  • Auction Venue
    Live Streamed Auction
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Prime City Centre Mixed Use Freehold Investment

  • Highly Attractive Mixed Use Landmark Building
  • Tenants include Waterstones on e Renewed 5 year lease
  • Substantial Mixed-Use Building of approx. 2,875 sq m (30,942 sq ft)
  • Asset Management Opportunities, including Potential Break up Opportunity.
  • Alternative Use or Residential Conversion Potential of Upper parts (Subject to Consents)
  • Adjacent to Barclays, Natwest, Lloyds, Metro Bank and HSBC and the major neighbouring Broadway Shopping Centre with some 80 Retailers including Primark, Next, H&M, JD Sports and Boots
  • Lot 10
  • Auction 29th October 2026
  • Rent £268,690 per Annum Exclusive with first floor Offices to be Let
  • Status Available
  • Guide* £1,800,000 - £1,900,000
  • Sector
    Retail, High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
9 miles west of Leeds, 32 miles northeast of Manchester
Road
A647, A650, A658, with connections to the M62 (Junctions 26 & 27) and M606
Rail
Bradford Interchange and Bradford Forster Square Railway Stations
Air
Leeds Bradford Airport
Situation

The property occupies a prominent island site within Bradford city centre, UK City of Culture 2025; situated between the major 80+ retailer, Broadway Shopping Centre and the pedestrianised retail quarter around Market Street, Darley Street and Bank Street. The location benefits from high city-centre footfall between these established shopping streets.

Immediate surrounding occupiers include Barclays, Natwest, Lloyds and HSBC. Other neighbouring occupiers within The Broadway Shopping Centre include, Next, Primark, Boots, H&M, JD Sports and a range of other national multiple retailers positioned within and around The Broadway and the surrounding streets.

Tenure

Freehold. (2)

Location
Miles
9 miles west of Leeds, 32 miles northeast of Manchester
Road
A647, A650, A658, with connections to the M62 (Junctions 26 & 27) and M606
Rail
Bradford Interchange and Bradford Forster Square Railway Stations
Air
Leeds Bradford Airport
Situation

The property occupies a prominent island site within Bradford city centre, UK City of Culture 2025; situated between the major 80+ retailer, Broadway Shopping Centre and the pedestrianised retail quarter around Market Street, Darley Street and Bank Street. The location benefits from high city-centre footfall between these established shopping streets.

Immediate surrounding occupiers include Barclays, Natwest, Lloyds and HSBC. Other neighbouring occupiers within The Broadway Shopping Centre include, Next, Primark, Boots, H&M, JD Sports and a range of other national multiple retailers positioned within and around The Broadway and the surrounding streets.

Tenure

Freehold. (2)

Description

The property is a substantial Grade I listed, landmark period building comprising retail units at ground floor level, and basement and self-contained office accommodation on the first and second floors.

The upper parts may be suitable for alternative uses, including a Boutique Hotel, for which the Seller has undertaken a feasibility study and which is available in the Legal Pack, Leisure uses or residential conversion, subject to obtaining the necessary consents.

VAT

VAT is applicable to this lot.

Note

The Special Conditions of Sale provide to the Buyer to pay sums in addition to the purchase price. Please see legal pack

EPC

Please refer to the Legal Pack

Description

The property is a substantial Grade I listed, landmark period building comprising retail units at ground floor level, and basement and self-contained office accommodation on the first and second floors.

The upper parts may be suitable for alternative uses, including a Boutique Hotel, for which the Seller has undertaken a feasibility study and which is available in the Legal Pack, Leisure uses or residential conversion, subject to obtaining the necessary consents.

VAT

VAT is applicable to this lot.

Note

The Special Conditions of Sale provide to the Buyer to pay sums in addition to the purchase price. Please see legal pack

EPC

Please refer to the Legal Pack

Tenancy & Accommodation

Demise Use Floor Areas
sq m
Floor Areas
sq ft
Tenant Term Rent p.a.x. Rent Review
(Reversion)
12 Hustlergate Shop
803.25
(8,643)
WATERSTONES BOOKSELLERS LIMITED
(CRN 00610095) t/a Waterstones (3)
5 years from 08/09/2026
£67,500
(07/09/2031)
12 Market Street Shop
62.37
(671)
INDIVIDUAL t/a Phone Shop 5 years from 01/03/2022
£10,000
(28/09/2027)
14 Market Street Bar
166.20
(1,788)
INDIVIDUAL t/a The Exchange Craft Beer House 3 years from 04/08/2024
£19,290.76
(03/08/2027)
16 Market Street Restaurant
30.4
(327)
INDIVIDUAL t/a Pizza Pieces (CRN 14544300) (4) 15 years from 20/02/2026
£20,420
(19/02/2041)
20 Market Street Hairdressers/Beauty Salon
94.88
(1,021)
MARIOS LIMITED t/a Marios Hairdressing
(CRN 04959716) (5)
15 years from 24/06/2021
£8,500
(23/06/2029)
22 Market Street Shop
55.86
(601)
INDIVIDUAL t/a The Red Shop 10 years from 26/10/2025
£16,000
(25/10/2035)
24 Market Street Shop
81.58
(878)
BLOSSOMS AND CO. (YORKSHIRE) LTD t/a Blossoms
(CRN 16059221) (6)
1 year from 01/02/2025
Holding Over
£13,936
(31/01/2026)
16 Bank Street Shop
84.29
(907)
GAMES WORKSHOP LIMITED t/a Warhammer
(CRN 01467092) (7)
10 years from 18/01/2024
£9,360
(17/01/2034)
18-20 Bank Street Shop
119.31
(1,284)
DKLC RECRUITMENT LTD
(CRN 15463105) (8)
2 years from 01/07/2024
Holding Over
£5,200
(30/06/2026)
22 Bank Street Shop
216.79
(2,334)
TIFFIN COFFEE LTD t/a
Tiffin Coffee (CRN 10659164) (9)
10 years from 20/09/2017
£60,250
(19/09/2027)
22 Hustlergate
20 Hustlergate
Kiosks 1
Kiosks 2
19.87
19.79
(214)
(213)
INDIVIDUALS 3 years from 1/04/2026
£13,800
(31/03/2029)
Second Floor Suites Office
590.12
(6,352)
MAKIN DIXON SOLICITORS LIMITED
(CRN 09160986) (10)
5 years from 01/01/2021
Holding Over
£24,433.80
(31/12/2025)
First Floor Suites Office
530.38
(5,709)
VACANT POSSESSION - Empty Rates not Payable for Listed Buildings -
-
-
Total Approximate Floor Areas  
2,875.09 (1)
(30,942) (1)
   
£268,690.56 with First Floor Offices to be Let
 

(1) The floor areas stated above are those published by the Valuation Office Agency/HMRC (www.voa.gov.uk).
(2) The Tenure being offered for sale is the Freehold interest, held under title number WYK574560 and the Long Leasehold interest held under title number WYK601709 and granted directly out of the Freehold interest for a term of 125 years from 05/11/1996 until 04/11/2121 at a current rent reserved of £50,000 per annum exclusive, which is geared to the occupational Net Income. For clarity, the Buyer will benefit from the income from the Long Leasehold interest and the income from the Occupational leases.
(3) As for 12 Hustlergate, Waterstones Booksellers Limited (CRN 00610095) is a leading bookseller in the UK, operating a nationwide network of bookshops. For the 53 weeks ended 3 May 2025, the company reported a turnover of £565,632,000, a profit before tax of £44,029,000 and net assets of £95,219,000. (Annual Report and Financial Statements as published on Companies House: 09/09/2026).
(4) As for 16 Market Street, Pizza Pieces is a family-run Italian restaurant in Bradford. (www.pizzapieces.co.uk)
(5) As for 20 Market Street, Marios Limited (CRN 04959716) trades as Marios Hairdressing, a long-established Bradford hairdressing business. (www.marios-hairdressing.co.uk)
(6) As for 24 Market Street, Blossoms and Co. (Yorkshire) Ltd (CRN 16059221) trades as Blossoms, an independent florist. (www.blossomsandco.uk)
(7) As for 16 Bank Street, Games Workshop Limited (CRN 01467092) is the company behind Warhammer and specialises in the design, manufacture and sale of fantasy miniatures, games and associated products. (www.warhammer.com)
(8) As for 18-20 Bank Street, DKLC Recruitment Ltd (CRN 15463105) is a West Yorkshire-based recruitment company providing recruitment services to employers and jobseekers. (www.dklcrecruitment.co.uk)
(9) As for 22 Bank Street, Tiffin Coffee Ltd (CRN 10659164) trades as Tiffin Coffee, an independent coffee shop operating from the Wool Exchange in Bradford, serving coffee, baked goods and lunch items. (www.tiffincoffee.co.uk). The tenant served their notice to end their lease at the end of the term.
(10) As for the Second Floor Suites, Makin Dixon Solicitors Limited (CRN 09160986) is a specialist family law firm advising on matters including divorce and separation, domestic abuse, children and financial disputes. (www.makindixon.co.uk)

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
Seller's Solicitors
Morgan La Roche Bay House, Tawe Business Village, Phoenix Way, Enterprise Park
Swansea
SA7 9LA
01792 776 792
David Palmer 01792 776 796dpalmer@morganlaroche.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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