Appleton Building, Bradford, West Yorkshire, BD7 1DD
FOR SALE: Offers in the region of £2m
Floor Area (approx.): 5840.2 sq m (58,990 sq ft)
Former College premises situated in the heart of Bradford's Learning Quarter.
SITUATION
The building is situated with corner frontage onto Smith Street/Carlton Street and Tumbling Hill Street, the latter providing a direct link to Thornton Road (B6145) in the heart of Bradford’s Learning Quarter. Adjacent is the main Bradford College campus which has recently undergone significant investment in recent years and transformation and the University of Bradford.
Numerous residential schemes are in the immediate locality (Arkwright House, The Green, Prodigy Living etc.).
PROPERTY/ACCOMMODATION
The property comprises a 3/5 storey stone built property with classrooms, laboratories and WC facilities to most floors.
The premises provide the following approximate gross internal floor areas.
|
|
Sq m |
Sq ft |
|
Basement |
539.3 |
5,805 |
|
Lower ground |
860.2 |
9,259 |
|
Upper ground |
1,127.2 |
12,134 |
|
First floor |
1,214.6 |
13,074 |
|
Second floor |
1,248.8 |
13,442 |
|
Third floor |
490.1 |
5,276 |
|
Total Approx Floor Area |
5,480.2 |
58,990 |
Outside
Boiler house.
RATING
A search of the Valuation Office website reveals that the property has the following Rateable Value (2023 Rating List):-
Rateable Value: £146,000
Rates Payable (approx): £65,875
Parties are advised to check with the local Rating Authority as to the precise current rates liability.
SALE PRICE
Offers in the region of £2m are sought for the freehold interest – subject to contract.
PLANNING
Our clients are in the process of obtaining planning guidance on potential uses for the building. In the meantime, interested parties should liaise with the local Planning Department on 01274 432111.
USER RESTRICTIONS
Our clients reserve the right to incorporate a restrictive covenant into any conveyance to ensure that current and future uses do not compete with the courses/activities they provide (i.e. post-16 education).
LEGAL COSTS
Each party to be responsible for their own legal costs in this transaction.
BRADFORD CITY CENTRE GROWTH ZONE
We believe the premises are situated within the Growth Zone and as such, the occupier of the premises may be eligible for financial assistance with matters such as business rates, property improvements, recruitment etc. For further information please contact Invest in Bradford.
VAT
All prices quoted are exclusive of any VAT liability – if applicable.
