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Rawson Place, Bradford, Bradford, BD1 3QQ

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Price: £175,000

investment for sale

Price: £175,000

About the Property

The property comprises a Grade 2 Listed commercial investment opportunity with the ground and first floors being leased to a single tenant who trades as a hairdressing salon and separate sun tan salon. The second and third floors are currently unoccupied. The lease has expired and a Section 25 Notice served, offering terms of a new lease. The property presents a good opportunity to acquire income producing commercial premises in a city centre location with a prospect of achieving added value through the redevelopment of the upper floors, subject to planning and gaining independent access via the ground floor.

The entire building extends to approximately 502.79m (5,412ft) with accommodation over 4 levels, and is positioned in the city centre of Bradford in a secondary retailing area. The city centre has been subject to a large degree of regeneration in recent years with the development of Westfield Shopping Centre and other shopping centres, including the Kirkgate Shopping Centre and Broadway Shopping Centre.

Bradford is the second largest city in West Yorkshire, having a population of in excess of 500,000 and is served by the M606 motorway which links into the M62 thereby provide good access to Leeds and Manchester.

The building is mid terraced and of stone construction with ashlar stone face under a slate covered roof.

Key Features

  • Investment/Development Opportunity
  • 502.79 sqm (5,412 sqft)
  • The ground and first floor of the property are leased to a single tenant at an annual rent of £15,000 per annum. The lease has expired and a Section 25 Notice has been served with negotiations fo
  • The second and third floors are unoccupied and provide the prospect of redevelopment, subject to obtaining a secondary access via the ground floor.
  • Positioned within Bradford city centre
  • Grade 2 listed
  • EPC Asset Rating G
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Rawson Place, Bradford, Bradford

Price: £175,000 Price

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