Lot
056
Auction: September 2021 Online Auction 22/09/2021

Glyde House, Glydegate, Bradford, West Yorkshire BD5 0BQ

Property Details
Location
Auction Details
Location
The property is prominently positioned fronting directly onto Glydegate I Little Horton Lane, opposite the entrance to Bradford Ice Arena and within close proximity to the National Science & Media Museum, Centenary Square, Bradford Magistrates Court, Alhambra Theatre and University of Bradford campuses and Bradford College.

The nearest motorway is Junction 26 of the M62 which is approximately 5 miles to the south of the property via the A641 Manchester Road / A6177 Mayo Avenue and the M606 dual carriageway. The property lies approximately 11 miles west of Leeds and 9 miles from Leeds Bradford Airport.
Description
Prominently positioned, city centre Grade II Listed former school, providing accommodation over ground, first and mezzanine floors with an approximate total of 775 sq m (8,339 sq ft) together with lower ground floor and cellars which have not been inspected. The property has most recently been used as 22 served office spaces, with a ground floor bar & function space, with excellent access to the city centre amenities. There maybe potential to increase the accommodation through exploiting the roof space and the property is considered suitable for development subject to obtaining the necessary consents.
Accommodation

Ground Floor339 sq m (3,259 sq ft)
First Floor339 sq m (3,259 sq ft)
Mezzanine97 sq m (1,041 sq ft)
TOTAL775 sq m (8,339 sq ft)
Measurements have been provide by the Vendor and interested parties should satisfy themselves as to the accommodation.

The property also has a lower ground floor storage area and cellar (not inspected or measured)
Outside
Car parking for around 6 to 8 vehicles
Planning
Interested parties are advised to contact Bradford Council directly in respect of any planning related queries (www.bradford.gov.uk).
Tenancy
The property is held long leasehold on a 99 year lease lease from 1995 subject to a ground rent payable of £25,000 per annum and subject to a 5 yearly rent review.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
VAT
VAT is applicable in addition to the purchase price.
General
1. The floor areas have not been measured and interested parties should satisfy themselves as to the accommodation.

2. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

3. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 21ST SEPTEMBER AND WILL CLOSE ON WEDNESDAY 22ND SEPTEMBER 2021.
Addendum
Regarding lease arrears Bradford Council have agreed that arrears under the Lease will be settled from the net proceeds of sale on a pro rata basis with Barclays Bank.
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