183-287b Whitehall Road Drighlington, Bradford

Asking price of £395,000
Sold

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Location

The property is located fronting Whitehall Road (A58) in Drighlington. The property is an

established retail parade and the surrounding area is a mixture of commercial, industrial

and residential properties. The location itself is approximately 4.5 miles west of Leeds city

centre and approximately 3.5 miles east of Bradford.


Description

A single-storey brick-built property under a pitched roof, comprising five retail units with

large forecourt/parking area and rear yard, providing potential for further

development/asset management. The total income at present is £32,800 p.a. It is

understood that the property is elected for VAT and therefore VAT is chargeable on the

rents and on the sale of the property.


Tenancies and Accommodation

All measurements quoted are measured in accordance with the RICS property measurement (incorporating

International Property Measurement Standards) 1st Edition, May 2015

The accommodation provides the following approximate net internal areas:

No Sq Ft Rent

183 405 £7,200 pa Holding over on a 3-year lease from December

2015.

185 403 £6,000 pa 6-year lease from 29.02.16.

187 362 £7,000 pa Let to Coral Racing Limited for 5 years from

11.05.16.

187a 408 £6,300 pa 9-year lease from 10.03.14.

187b 441 £6,300 pa 5-year lease from 09.01.15.

Total £32,800 pa plus VAT


Terms

The property is offered on a freehold basis subject to the existing leases at a guide price of

£395,000 plus VAT. VAT is applicable on the sale of this property.


Business Rates

According to the Valuation Office Agency website the premises have 2017 Rateable Values

as follows:

 183 - £4,900

 185 - £4,900

 187 - £4,850

 187a - £5,000

 187b - £7,000

Interested parties are advised to make their own enquiries in this respect.

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