7 Eldon Place, Bradford, West Yorkshire, BD1 3AZ
FOR SALE: £259,950
Floor Area (approx.): 223.2 sq m (2403 sq ft)
Attractive Grade II Listed office building over 3 floors (plus basement).
SITUATION
The property is situated upon Eldon Place, close to its junction with Manningham Lane on the periphery of Bradford City Centre.
Eldon Place has traditionally been popular with professional occupiers currently including Platinum Partnership Solicitors and Assist Recruitment amongst others.
Manningham Lane Retail Park is situated opposite where occupiers include J D Gyms, and Iceland (Food Warehouse format).
Various buildings have in recent times been converted to residential apartments on Eldon Place including the 2 neighbouring properties.
Time restricted car parking is available upon Eldon Place (restricted to 2 hours).
PROPERTY/ACCOMMODATION
The property comprises an attractive Grade 2 Listed 3 storey mid-terraced property of fair faced solid stone construction surmounted by a pitched slated roof.
Internally, there is office accommodation over 3 levels (currently occupied by Highgate solicitors) with useful basement stores.
There is a single storey rear built on extension also of stone construction providing additional staff facilities.
The premises provide the following approximate net internal floor areas:-
|
Sq. m. |
Sq. ft. |
Ground Floor Communal entrance lobby Main reception, meeting room, store and extended staff room and kitchen |
94.1 |
1013 |
First Floor 2 offices, meeting / board room and female and male WCs |
61.4 |
661 |
Second Floor 4 partitioned offices, stores, WC and modern staff kitchen |
67.7 |
729 |
Basement 4 stores. Overall |
72.6 |
781 |
TOTAL AREA |
295.8 |
3184 |
Outside
Externally, there is forecourt tarmacadam dedicated parking for approx. 6 vehicles (tandem).
RATING
A search of the Valuation Office website reveals that the property has the following Rateable Values:
Rateable Value: £ TBC
Rates Payable (approx.): £ TBC
Parties are advised to check with the local Rating Authority as to the precise current rates liability.
SALE PRICE
Offers in the region of £259,950 are sought for the Freehold interest—subject to the residue of the existing lease.
EXISTING LEASE
The property is currently leased to Highgate Solicitors Limited by way of a 5 year contracted out Lease which commenced in October 2020 and is due to expire in September 2025 at an annual rental of £15,996 pa. The Lease is drawn upon effective Tenant’s full repairing and insuring terms.
LEGAL COSTS
Each party to be responsible for their own legal costs in this transaction.
VAT
We are advised by our clients that VAT is not chargeable upon the sale price, however they reserve the right to do so, if appropriate.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Rating for this property is C a copy of the Certificate and Report is available upon request.