Commercial Property For Sale, Batley, West Yorkshire

590–592 Bradford Road, Batley, WF17 8LP

APPROX. 10,000 SQ FT HIGH-STANDARD COMMERCIAL PROPERTY – NO VAT

A rare opportunity to acquire a substantial and extensively improved commercial property providing approximately 10,000 sq ft / 929 m² of flexible accommodation, prominently positioned directly on Bradford Road (A652) in Batley.

The property combines a substantial vacant main showroom / commercial building ready for immediate occupation, together with two separately accessed income-producing commercial units.

The accommodation includes modern showroom space, warehouse areas, offices, workshop / preparation space, staff facilities and storage.

The property has been extensively upgraded and improved throughout the current ownership and is presented as a clean, high-standard and ready-to-use commercial premises.

The property also benefits from parking to the front of the building for approximately four cars, extending along the frontage of the property.

Ideal for an owner-occupier, established business or commercial investor.

PRICE

Whole Property – Offers in the Region of £699,000

NO VAT

The property may also be considered in individual parts:

590 Bradford Road – £650,000

590D – £130,000

590A – £90,000

The combined asking prices of the individual parts total £870,000, compared with an asking price of £699,000 for the property as a whole.

Sale of individual parts is subject to the necessary legal title separation and any required lender or third-party consents.

PROPERTY DESCRIPTION

The main building offers a substantial and highly flexible combination of commercial accommodation, including:

• Large principal showroom / commercial hall

• Two additional showroom / warehouse areas

• Workshop / preparation area

• Modern offices and administrative accommodation

• Meeting space

• Staff canteen

• Bathroom and shower facilities

• Storage accommodation

• Basement storage

• Large roller shutter vehicular access

• Direct pedestrian access from Bradford Road

• Front parking for approximately four cars

The property has been extensively upgraded and improved throughout the current ownership and is presented as a clean, extensively improved, high-standard and ready-to-use commercial premises.

The principal commercial areas benefit from tiled flooring, LED lighting and a well-presented modern finish.

Importantly, the roofs to both the left and right-hand wings have been renewed, representing significant recent investment and reducing one of the major future maintenance considerations commonly associated with older commercial properties.

The property also benefits from approximately 125 kVA commercial electricity supply, providing substantial electrical capacity for a wide range of commercial occupiers.

OWNER-OCCUPIER OPPORTUNITY WITH EXISTING RENTAL INCOME

The property offers an unusual combination of:

A substantial vacant main commercial building available for immediate occupation

together with

Two self-contained commercial units which are currently let and producing income.

This provides flexibility for both owner-occupiers and investors, with the ability to occupy the principal building while retaining rental income from the additional units.

This may particularly suit an established business looking to acquire its own substantial commercial premises while benefiting from income generated by other parts of the property.

SECURITY & COMMERCIAL SPECIFICATION

The property benefits from:

• CCTV system

• Intruder alarm

• Fire alarm system

• LED lighting

• Air conditioning to selected office / working areas

• Hydraulic vehicle lift

• Large roller shutter access

• Approximately 125 kVA commercial electricity supply

• Mains electricity

• Mains water

• Mains drainage

AVAILABLE AS A WHOLE OR IN INDIVIDUAL PARTS

WHOLE PROPERTY – OIRO £699,000

The complete property comprises the substantial vacant main commercial building together with two separately accessed income-producing commercial units.

The combined asking prices of the individual parts total £870,000, compared with an asking price of £699,000 for the property as a whole.

590 BRADFORD ROAD – £650,000

Substantial main commercial building, vacant and ready for immediate occupation.

A highly flexible combination of:

• Showroom

• Commercial hall

• Warehouse accommodation

• Workshop / preparation areas

• Offices

• Staff facilities

• Storage accommodation

• Basement storage

Suitable for a wide range of commercial occupiers, subject to any necessary planning and statutory consents.

590D – £130,000

Self-contained commercial investment unit benefiting from:

• Separate street entrance

• Two-storey accommodation

• WC facilities

• Independent occupation

• Existing tenant

Tenancy details are available to genuinely interested purchasers.

590A – £90,000

Self-contained commercial investment unit benefiting from:

• Separate street entrance

• Two-storey accommodation

• WC facilities

• Independent occupation

• Existing tenant

Tenancy details are available to genuinely interested purchasers.

TENURE & TITLE – LONG LEASEHOLD / TITLE ABSOLUTE

The property is held under an exceptionally long 999-year lease from 24 June 1874, with approximately 847 years remaining.

The registered leasehold title is Title Absolute.

The annual ground rent is understood to be approximately £30 per annum, subject to final confirmation from the original lease documentation.

The 2015 Transfer contains two principal restrictive covenants relating to:

• Nuisance or disturbance to adjoining retained land

• Alterations or additions which materially interfere with light or air to adjoining retained property

No restriction has been identified within the 2015 Transfer preventing the property from being subdivided or sold in separate parts.

With approximately 847 years remaining, nominal annual ground rent and Title Absolute, this exceptionally long leasehold interest is often regarded in commercial property terms as a “virtual freehold”, although legally the tenure remains leasehold.

Full title documentation will be available to genuinely interested purchasers and their legal advisers.

FLOOD RISK

Historic professional property due diligence records the property as having a very low risk of flooding from rivers, sea and surface water.

Purchasers should make their own current enquiries as part of the normal due diligence process.

SERVICES

The property benefits from:

• Mains electricity

• Mains water

• Mains drainage

• Approximately 125 kVA commercial electricity capacity

Where individual parts are sold separately, appropriate rights and arrangements relating to services will be dealt with within the legal documentation.

LOCATION

The property occupies a prominent and highly visible position directly on Bradford Road (A652) in Batley.

Bradford Road is an established main route through the area and provides convenient access towards:

• Leeds

• Bradford

• Dewsbury

• Wakefield

• The wider West Yorkshire road network

• M62 motorway connections

The combination of main-road frontage, substantial floor area, flexible accommodation, existing rental income and a vacant principal building makes the property suitable for a broad range of owner-occupiers and commercial investors.

POTENTIAL COMMERCIAL USES

The accommodation may suit a variety of commercial occupiers including:

• Showroom

• Warehouse and storage

• Trade counter

• Workshop / preparation facility

• Offices with storage

• Specialist retail / trade use

• Commercial headquarters

• Automotive-related commercial use

Any proposed use or change of use is subject to the necessary planning and statutory consents.

CONTACT

SERIOUS OFFERS INVITED

For further information, viewing arrangements or tenancy details, please contact:

LOCAL PROPERTIES

01924 474456