£650,000

Office for sale

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£650,000

(£352.49/sq. ft)

Office for sale

Toller Lane, Bradford BD8

1,844 sq. ft

Local area information

Property location

Nearby amenities

  • St Philip's CofE Primary School 0.2 miles
  • Lilycroft Primary School 0.2 miles
  • Frizinghall 1.2 miles
  • Bradford Forster Square 1.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Bradford to find out more about the area.

Features and description

Location


The property is situated with excellent frontage to Toller Lane (B6144), at its junction with Upper Woodlands Road, approx. 1 mile northwest of Bradford City Centre.

Toller Lane, links into Duckworth Lane nearby, and there are many local retailers and occupiers represented nearby including Zurich Safe Deposits, Toller Lane Mini Market, Supreme Estate & Mortgages, Nafees Bakery and Pakistan Jewellers. On-street car parking is available on both Toller Lane, and nearby in Upper Woodlands Road.
Description


The property comprises a well-presented office suite, extending at ground floor level, to provide reception, and interview rooms, with further office accommodation, at first and second floor levels with staff facilities, and toilets, being fully let, and producing a rental of £22,100 pa Excl

There is also an additional area, part of which is let to Zurich Safe Deposits, and The Tuition Centre, producing a rental of around £24,350 pa (including average cash machine income) in total.

The building benefits from a corner entrance, and window frontage to Toller Lane.
Services


The property is understood to benefit from all mains services, none of which we have tested.
Business rates


The tenants are responsible for all business rates
Leases

Property Tenant Passing Rent Lease terms Comments
Ground Floor – 161A Toller Lane Zurich Safe Deposits Ltd £15,000 pa 5 years from 1 August 2021 – rent review 1 August 2023
No tenant break
Ground, First and Second Floor – 161 Toller Lane
ja 23 Limited £22,100 pa 5 years from 1 July 2023 New lease
First & second Floors – 256 Upper Woodland Road The Tuition Centre
£5,750 pa 3 year lease from 19 June 2019
Cash Machine Cardtronics UK Limited Average £300 pcm Income based on cash withdrawals
Price


£650,000 Subject to Contract, and subject to the three occupational leases, and cash machine agreement.
Legal costs


Each party to be responsible for their own legal costs incurred in the transaction.
VAT


The property is not elected for VAT, and no VAT is chargeable on rent, or the purchase price.
Energy performance certificate


The Energy Performance Rating for the property is:-

C
- 74

Anti-money laundering


In accordance with Anti-Money Laundering Regulations, two forms of id and confirmation of the source of funding will be required from the successful purchaser.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Mark Brearley & Co. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Mark Brearley & Co for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Yorkshire
  4. Bradford
  5. Manningham
  6. Toller Lane

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