Pennine House 39-45 Well Street, Bradford, Bd1 5Nu
PENNINE HOUSE 39-45 WELL STREET, BRADFORD, BD1 5NU SUBSTANTIAL TOWN-CENTRE REFURBISHMENT/DEVELOPMENT OPPORTUNITY WITH BENEFIT OF VACANT POSSESSION OPPOSITE WESTFIELD DEVELOPMENT/REFURBISHMENT OPPORTUNITY • The property has recently gained benefit of vacant possession. • Strong change of use potential subject to necessary consents: of interest to retailers, department stores, hoteliers, developers (residential/PRS) and owner occupiers. • Immediately opposite the entrance to the new £260m Westfield Broadway Shopping Centre. • Strategic town-centre location, equidistant between Bradford Forster Square station and Bradford Interchange station. • Excellent communications: only 5.5 miles to M62 (Jct 26) and 15 miles to the M1 (Jct 42) and 30 minutes to Leeds Bradford Airport. Leeds is 20 minutes by train. • Comprising 72,696 sq ft (6,754 sq m) over lower ground, ground and five upper floors with 72 car parking spaces. • Situated on a site of 0.73 acres (0.29 ha); a very low town-centre site coverage of only 56% - with development land in car park to the rear. • Freehold. • The property is located in an Assisted Area and investors may benefit from Business Premises Renovation Allowance (BPRA) subject to a government extension of the scheme. • Offers in excess of £2,200,000 (Two Million Two Hundred Thousand Pounds) exclusive of VAT equating to a capital value of £30 per sq ft are invited for the freehold interest, subject to contract, with the benefit of vacant possession. SUBSTANTIAL TOWN-CENTRE REFURBISHMENT/DEVELOPMENT OPPORTUNITY PENNINE HOUSE 39-45 WELL STREET, BRADFORD, BD1 5NU WITH BENEFIT OF VACANT POSSESSION OPPOSITE WESTFIELD LOCATION Bradford is the centre of the prominence during the 19th century Metropolitan Borough of the City of as an international centre of textile Bradford in West Yorkshire, 8 miles (13 manufacture, particularly wool.
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