E052 Little Germany, doorstep of Westfield Broadway, Bradford BD1

The Freehold Reversionary interest of a magnificent refurbishment of a prestigious six storey Grade II listed 19th Century Textile Warehouse

on the doorstep of The Westfield Broadway Shopping Centre

comprising seventy one Apartments and one commercial unit

sold on 250 year leases from 1st January 2016

at a combined (rising) ground rent of £21,600 per annum

The ground rents are reviewed every five years in line with RPI upward only with Time not of the Essence in the event of any late reviews

THE NEXT REVIEW IS IN LESS THAN TWO YEARS

The Landlord insures, manages and recovers costs by way of Service Charge

as ADDITIONAL RENT

Sum insured: £7.25M; Renewal date: 22nd July 2019

The Lessees cannot make any alterations without the Landlord’s consent

The Landlord owns everything above the ceilings, below the floors, the building envelope, the common parts, including the gymnasium, and has the right to develop as they see fit

Section V Notices will be served by GRB

Documents held (electronically): Lease; Office Copy and Plan; Floor Plans for all six floors; Insurance Summary of Cover; GRB overview of the history and current status with further supporting docs

Original Developer Selling

Guide Price: Offers in excess of £500,000