Your Bid
Guide price TBA
Hammer price

Withdrawn

Withdrawn Prior

Sold Prior

Sold Prior

Sold

Sold Post

Place a proxy bid on Lot #{{ lot.total_lot_number }}

Guide Price:

TBA
Bid now

Floorplan
    • View Virtual Tour

      Play

    Remove from wishlist

    Add to wishlist

    Key features

    • To be offered on Wednesday 25 November
    • High yielding mixed use investment
    • Three retail units and office space to the uppers
    • Office element fully let to the government (The Secretary of State for Levelling Up, Housing and Communities)
    • Fully let building
    • Asset management via agreeing lease renewal
    • Nine space basement car park
    • Comprises 13,686 sq ft (1,271 sq m)
    • Located in Bradford City Centre
    • Located directly opposite Bradford Forster Square Station
    • Investment let at £109,000 p.a. (12.82% GIY on guide price)

    Description

    A high yielding mixed-use investment comprising 13,686 sq ft (1,271 sq m) of retail and office accommodation. The property is fully let, producing an income of £109,000 per annum.

    The property offers clear asset management potential through the agreement of a lease renewal. The office accommodation is fully let to The Secretary of State for Levelling Up, Housing and Communities, providing a strong government covenant.

    The property benefits from a basement car park providing nine parking spaces and comprises three retail units together with office accommodation on the upper floors.

    Fraternal House is a prominent office building in the heart of Bradford City Centre, situated on Cheapside directly opposite Bradford Forster Square Railway Station and the Midland Hotel. The building is highly visible to those entering the city. The Broadway, Bradford’s principal shopping centre, is located approximately 0.5 miles from the property and is home to a range of national occupiers including Card Factory, Greggs, Next and Primark, together with a variety of other retail and leisure operators.

    Additional information

    Tenancy

    Refer to tenancy schedule

    Rent

    £109,000
      • View Virtual Tour

        Play

      Arrange a viewing

      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

      Please select a time from the options below

      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Accommodation / Tenancy Schedule

      Local information

      Legal documents

      Login to view legal documents

      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •Some properties might be open to offers prior to auction. Exchange will take place, subject to contract and no higher offers, on auction terms and as per the legal pack. Please contact the auctioneer with your best and final offer, their details can be found on each lot page.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums