Fully Let Industrial Estate with 10 Light Industrial Units
Approximately 1,172.77 sq m (12,623 sq ft)
Site Area of Approximately 0.25 Hectares (0.62 Acres)
Approximate Site Coverage of 47%
Redevelopment potential (Subject to Consents)
Close to Bradford City Football Club, Bradford Ring Road (A6277) and Bradford City Centre
Lot 9
Auction 12th December 2024
Rent £146,000 per Annum Exclusive
Status Available
Guide* £1,700,000+
Sector Industrial
Auction Venue Live Streamed Auction
Property Information
Location
Miles
8 miles west of Leeds, 30 miles north-east of Manchester
Roads
A6177, A658, A6277, M606
Train
Bradford Interchange and Bradford Forster Square Railway Stations
Air
Leeds Bradford Airport
Situation
The property is situated on the north side of Thorncliffe Road close to its junctions with Manningham Lane (A650) in a predominantly industrial area within a mile to the north of the City centre and some 150 metres from Bradford City Football Club.
The Bradford ring road (A6177) which leads to M606 Motorway is 350m to the north of the property, offering excellent transportation links.
Tenure
Freehold.
Location
Miles
8 miles west of Leeds, 30 miles north-east of Manchester
Roads
A6177, A658, A6277, M606
Train
Bradford Interchange and Bradford Forster Square Railway Stations
Air
Leeds Bradford Airport
Situation
The property is situated on the north side of Thorncliffe Road close to its junctions with Manningham Lane (A650) in a predominantly industrial area within a mile to the north of the City centre and some 150 metres from Bradford City Football Club.
The Bradford ring road (A6177) which leads to M606 Motorway is 350m to the north of the property, offering excellent transportation links.
Tenure
Freehold.
Description
The property comprises 2 terraces of 10 ground floor light industrial units, each benefitting from an eaves height of approximately 3.0 metres (10 ft), vehicle access loading doors, a secure yard and forecourt parking.
The property benefits from a site area of approximately 0.25 hectares (0.62 acres) with a Site Coverage of 47%.
The property may also benefit from medium term redevelopment potential or the property may be suitable for an additional floor, subject to obtaining the necessary consents.
VAT
VAT is not 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 2 terraces of 10 ground floor light industrial units, each benefitting from an eaves height of approximately 3.0 metres (10 ft), vehicle access loading doors, a secure yard and forecourt parking.
The property benefits from a site area of approximately 0.25 hectares (0.62 acres) with a Site Coverage of 47%.
The property may also benefit from medium term redevelopment potential or the property may be suitable for an additional floor, subject to obtaining the necessary consents.
VAT
VAT is not 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
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review (Reversion)
1
Ground
Industrial
118.30
(1,273)
An Individual
10 years from 25/03/19
£16,000
(24/03/2029)
2
Ground
Industrial
109.65
(1,180)
An Individual
6 years from 1st November 2023
£14,000
(31/10/2029)
3
Ground
Industrial
109.90
(1,183)
DAYA FOODS LTD (CRN: 13264327)
5 years from 11/11/2021
£12,000
(10/11/2026)
4
Ground
Industrial
109.52
(1,179)
Prime Animal Feeds Ltd (CRN:12864106)
3 years from 01/02/2023
£12,000
(31/01/2026)
5
Ground
Industrial
106.10
(1,142)
Three Waste Solutions Ltd (CRN: 11622230)
With personal guarantee
5 years from 03/06/2019 currently Holding Over
£14,000
(02/06/2024) currently Holding Over
6
Ground
Industrial
123.00
(1,324)
An individual
3 years from 06/11/2024
£16,000
(24/06/2027)
7
Ground
Industrial
122.80
(1,322)
An Individual
3 years from 25/03/2024
£16,000
(23/06/2027)
8
Ground
Industrial
121.80
(1,311)
An Individual
3 years from 25/03/2024
£16,000
(23/06/2027)
9
Ground
Industrial
123.00
(1,324)
An Individual
10 years from 25/03/2019 to 24/03/2019
£16,000
(03/01/2029)
10
Ground
Industrial
128.70
(1,385)
An Individual
5 years from 17/04/2023
£14,000
(16/04/2028)
Total Approximate Floor Area
1,172.77
(12,623)
£146,000
(1) The floor areas stated above are those published by the Valuation Office Agency, See https://www.tax.service.gov.uk/business-rates-find/back-to-list-valuations
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.
