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West Riding House 41 Cheapside

30,833 SF 89% Leased Office Building Bradford BD1 4HR £2,375,000 (£77/SF) 11.01% Net Initial Yield

Investment Highlights

  • Located close to Forster Square Railway Station and Broadway Shopping Centre, with all City Centre Amenities nearby.
  • DDA compliant office accommodation benefitting from extensive glazing and natural daylight
  • Car Park Deck, providing 22 on site spaces

Executive Summary

Excellent Investment opportunity. Real development/Asset management potential.
West Riding House comprises modern DDA complaint office accommodation benefitting from extensive glazing and natural daylight with dedicated manned reception and lift access to the upper floors and six ground floor commercial units.

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
30,833 SF
Building Class
B
Year Built
1972
Price
£2,375,000
Price Per SF
£77
Net Initial Yield
11.01%
NOI
£261,476
Percent Leased
89%
Tenancy
Multiple
Number of Floors
9
Typical Floor Size
3,425 SF
Slab to Slab
9 ft
Building FAR
3.93
Land Acres
0.18 AC

Amenities

  • Security System
  • Accent Lighting
  • Roller Shutters
  • Storage Space
  • Common Parts WC Facilities
  • Fully Carpeted
  • Lift Access
  • Natural Light
  • Perimeter Trunking
  • Reception
  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Service type
  • -
  • -
  • -

As one of the UK's leading children's charities, Barnardo's works directly with children, young people, parents and carers every year. They run vital services across the UK, including counselling for children who have been abused, fostering and adoption services, vocational training and disability inclusion groups. Every Barnardo's service is different but each believes in the potential in every child and young person, no matter who they are, what they have done or what they have been through. They’ve been changing childhoods and changing lives for over 150 years, and they’ll be here for as long as they’re needed.

Tenant Industry SF OCCUPIED RENT/SF Lease End
Service type - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Floor
  • 130-3,050 SF
  • Office
  • Full Build-Out
  • Now

Available on a conventional lease or on an all inclusive basis. The second floor can be divided into smaller suites from 12.08 sq.m (130 sq.ft).

  • 4th Floor
  • 129-389 SF
  • Office
  • Full Build-Out
  • Now

Business Centre – Available as Serviced Offices Fourth Floor:- Suite 2 - 11.98 sqm (129 sqft) Suite 9 - 24.15 sqm (260 sqft)

Space Size Space Use Condition Available
2nd Floor 130-3,050 SF Office Full Build-Out Now
4th Floor 129-389 SF Office Full Build-Out Now

2nd Floor

Size
130-3,050 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Floor

Size
129-389 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size 130-3,050 SF
Space Use Office
Condition Full Build-Out
Available Now

Available on a conventional lease or on an all inclusive basis. The second floor can be divided into smaller suites from 12.08 sq.m (130 sq.ft).

4th Floor

Size 129-389 SF
Space Use Office
Condition Full Build-Out
Available Now

Business Centre – Available as Serviced Offices Fourth Floor:- Suite 2 - 11.98 sqm (129 sqft) Suite 9 - 24.15 sqm (260 sqft)

  • Listing ID: 25980060

  • Date on Market: 21/06/2022

  • Last Updated:

  • Address: 41 Cheapside, Bradford BD1 4HR

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