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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.
Tenancy
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Rent