The property occupies an excellent location, fronting onto Great Horton Road, in a small established development anchored by McColls Convenience Store, together with an adjoining Subway and a number of other local retailers and is located directly opposite The University of Bradford and near to the new Bradford College Hockney building where an investment in excess of £40 Million has recently been completed and is in an established location fronting onto Great Horton Road.
Nearby occupiers include similar type uses such to include restaurant, take-away and convenience food retailers and situated in an established student area near to a number of major student halls including Malik Halls, Foster Halls, “The Green – Sustainable Student Village” etc.
The property comprises a single storey retail unit, forming part of an established development and extending in total to approximately 55.74 sq. m. (600 sq. ft.). The property has a frontage to the “Square” directly in front of McColls Convenience Store and Subway.
The property is currently assessed for rating purposes as follows:-
Description: Shop & Premises
Rateable Value: £13,250
The Uniform Business Rate for 2020/2021 is 50.3 pence in the £.
Due to transitional relief provisions, the rates payable may have no relation to the rateable value. Interested parties are advised to check with the Local Rating Authority as to the current rates liability.
The property is offered to let on a new full repairing and insuring lease for a term to be agreed incorporating the usual 5 yearly upward only rent reviews.
£16,000 per annum exclusive.
VAT will be chargeable on the rent.
A service charge will be levied for the upkeep and maintenance of the communal areas.
The ingoing party to be responsible for all legal costs incurred in the transaction.
ENERGY PERFORMANCE CERTIFICATE
An Energy Performance Certificate (EPC) has been commissioned.