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Agent's details

Unit 1 Bow Beck, Bowling Back Lane, Bradford, BD4 8SL

For sale: £1,350,000.00|19,865 Sq Ft|General Industrial, Industrial Park, Light Industrial, Distribution Warehouse, Industrial

Property details

FOR SALE£1,350,000.00
SIZE19,865 Sq Ft
ADDRESSUnit 1 Bow Beck, Bowling Back Lane, Bradford, BD4 8SL
TYPEGeneral Industrial, Industrial Park, Light Industrial, Distribution Warehouse, Industrial
TENUREFor Sale Freehold
POSTED ON31st August 2023

Description

Description

Prominent trade counter property with yard and separate car park.

The property comprises a partly let, subdivided industrial building.

The northern side of the property, formerly occupied by Arco, comprises a two-storey trade counter unit with retail space on the ground floor and office and warehouse storage on the first floor.

The southern side comprises a ground-floor only warehouse which is let to Speedy Services Ltd.

Key Features

Good visibility from Bowling Back Lane
Well-sized yard and separate car parking area
Partly let to Speedy Services Ltd
Available immediately
Glazed retail frontage
Tarmac parking area with 12 parking spaces

Location

The property is located on Bow Beck, just off Bowling Back Lane in the East Bowling industrial area of Bradford.

It is situated 1.4 miles from Bradford City Centre and 9.6 miles from Leeds City Centre.

The closest motorway junction is Junction 3 of the M606, located 2.3 miles away.

Tenure

Speedy Asset Services Ltd (t/a Speedy Hire) occupy the unit on the west of property under an FRI lease expiring in January 2032 at a passing rent of £33,550 per annum.

A tenant break option is included on 10/01/2027.

Speedy Hire are a national trade occupier with over 200 depots nationwide.

CreditSafe allocate the business a rating of A - Very Low Risk.

Rateable Value

We understand the property is split into hereditaments covering each demise.

Unit 1 - RV £64,500 (rates payable 2023/24 - £33,024)
Unit 1a (Speedy) - RV £30,750 (rates payable 2023/24 - £15,744)

Please ensure you make your own enquiries with the Local Authority.

EPC Rating

Unit 1 has an EPC rating of C (67).

Unit 1A (Speedy) has an EPC rating of D (76).

Legal Costs

Each party is to be responsible for their own legal costs incurred.

VAT

We understand that the property is not elected for VAT.

Location

marker
Location: Unit 1 Bow Beck, Bowling Back Lane, Bradford, BD4 8SL

Bradford Interchange (0.6 miles)

Bradford Forster Square (0.9 miles)

Frizinghall (2.3 miles)

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