WESTGATE BRADFORD, BD1 3SR 34,233 sq ft (3,180 sq m) Former Supermarket Premises, Bradford City Centre Lease for Disposal Instructions on behalf of:
Location Bradford City is located in West Yorkshire on the M62 cross pennine motorway at the head of the M606 spur approx. 6 miles south west of Leeds and 37 miles north east of Manchester. It has a young growing population currently estimated at approx. 300,000 persons and is the 13th largest centre in the UK. Bradford is part of the wider West Yorkshire urban area with a population estimated to be in the order of 1.5m people. Bradford has experienced a step change in its retail fortunes with the recent opening of the new Broadway Shopping Centre, including M&S, Debenhams, Next, River Island, Boots, and Arcadia fascias TopMan, Topshop, Dorothy Perkins. The property is located in the retail centre of Bradford adjoining the city s main market, the thriving and well established The Oastler Centre. The property is readily accessible by car via the adjacent multistorey pay and display car park. Royal Infirmary LIDGET GREEN FRIZINGHALL A650 MANNINGHAM University A641 A6181 BRADFORD WEST BOWLING A658 A6176 BROOMFIELDS BARKEREND A6187 DUDLEY HILL THORNBURY A6120 LEEDS PUDSEY A6036 A650 WIBSEY TONG M606 A651 A641 LOW MOOR BIRKENSHAW
Demographics Population Catchment 5 minutes 64,629 10 minutes 268,275 15 minutes 484,931 Household Catchment 5 minutes 23,649 10 minutes 101,710 15 minutes 188,677 (Source: CACI Report) Vehicle Flow 38,346 to 47,969 vehicles annual average daily flow on A6181 (2014) at two nearby counting points. (Source: Department of Transport) Denholme Ogden Harden Bradshaw Wilsden Bingley Gilstead Cottingley Bridge Cottingley Thornton Sandy Lane Queensbury Allerton Clayton Baildon Saltaire A650 Heaton Bank Top Buttershaw Charlestown Thackley Idle Moor Bradford West Bowling Esholt Eccleshill Farsley Thornbury Laisterdyke Bierley East Bierley Rawdon Horsforth Rodley Tong Bramley Tinshill Kirkstall Farnley New Farnley Adel West Park Headingley Armley M621 Churwell Northowram Low Moor Oakenshaw Wyke Hunsworth Birkenshaw M62 Morley KEY Halifax 5 MINUTE DRIVETIME 10 MINUTE DRIVETIME Greetland Elland 15 MINUTE DRIVETIME A58 Brighouse Clifton Scholes Moorside M62 Healey Soothill Norristhorpe Moorend Dewsbury Ossett
Situation The former supermarket is located in the city s Northern Quarter being part of the Oastler Centre indoor market. The property has a large prominent frontage to Westgate which is part of the A6181. This is the main trunk road through the city centre linking, from the south, Manchester Road (A641) to Canal Road (A6781) in the North. 3 6 2 The Northern Quarter is a cultural, independent and convenience focussed retail area adding colour and vibrancy to the city centre. The Kirkgate Shopping Centre is nearby and retailers represented in the near vicinity include Iceland, Wilkinsons, B&M, and the privately run Bazaar adjacent. 4 5 1 1 WESTGATE 2 KIRKGATE CENTRE 3 4 5 FORSTER SQUARE NORTHERN RETAIL QUARTER OASTLER MARKETS 6 THE BROADWAY
Description The property is a purpose built supermarket, which was refurbished in June 2010. It adjoins the Oastler Centre, a large indoor market, shop units and 440 space pay and display multi-storey car park. The premises provides ground floor and first floor accommodation plus a loading area. Externally a ramp from Westgate provides access to a first floor servicing area which is shared with some other Oastler Centre retailers. Areas Net Sales Area 17,952 sq ft (1,667 sq m) Warehouse and other 16,281 sq ft (1,513 sq m)* Gross Internal Area 34,233 sq ft (3,180 sq m) *includes sub-leased area at first floor of 7,127sqft (662 sq m) (Source: Morrisons Supermarket) N.b. All areas are approximate and subject to final confirmation. Car Parking There is a 440 space multi storey pay and display car park immediately adjacent to the store. Rawson Road THE OASTLER CENTRE MARKETS Westgate (A6181) John Street
Key Information Contacts Existing Lease Details The property is let on a FRI lease with 25yearly geared rent reviews expiring on the 17th August 2095. The passing rent is 39,000 per annum. Part of the property is sub-let for 10 years to 28th Feb 2022. The tenant Universal Clothing pay a rent of 25,000 pa which is subject to review on 1st March 2017 when there is a mutual break. Planning The property has been used as a food store since construction in the early 70s. Business Rates Rates payable are 125,493 pa (2015/16). EPC Available on request. Vacant Possession Immediately Available, subject to existing lease of part to Universal Clothing. Offers Offers are invited for assignment or sub-letting in whole or part. Terms on request. Legal Costs Each party will be responsible for their own legal costs. Viewings Strictly by appointment via sole agents Cushman & Wakefield. Andy Hall andy.hall@cushwake.com Tel: 0161 828 5313 Mobile: 07876 442525 Martin Supple martin.supple@cushwake.com Tel: 020 7152 5898 Mobile: 07793 808 898 Misrepresentation Act Cushman & Wakefield LLP (and any joint agent appointed) on their own behalf and for vendors or lessors of this property, whose agents they are, gives notice that: 1. The particulars are produced in good faith, but are a general guide only and do not constitute any part of a contract. 2. No person in the employment of the agent(s) has any authority to make or give any representation or warranty whatsoever in relation to this property. 3. The property is offered subject to contract and unless otherwise stated all rents are quoted exclusive of VAT. 4. Nothing in these particulars should be deemed a statement that the property is in good condition, or that any services or facilities are in working order. 5. Unless otherwise stated, no investigations have been made regarding pollution, or potential land, air or water contamination. Interested parties are advised to carry out their own investigations if required. The Oastler Centre Bradford June 2016 Ref: 14535.001 Designed and produced by THE GROUP www.completelygroup.com