Back to list of properties
29 Ivegate, Bradford, West Yorkshire, BD1 1SQ
Guide Price* : £75,000 plus
VACANT CITY CENTRE RETAIL UNIT
Upon Instructions of
The Joint Administrators
- Freehold Retail
- City Centre Location
- Vacant Possession
- Approximately 132.80 sq m (1,429 sq ft)
- Suitable for Redevelopment (STP)
Description
The property comprises a two storey mid terrace ground floor retail units with first floor office and stores.
Internally at ground floor level the retail space is open plan and is approximately 71.50 sq m (770 sq ft) whilst the first floor has been converted into three rooms, kitchen and WC room extending to approximately 61.31 sq m (660 sq ft). The total accommodation extends to approximately 132.80 sq m (1,429 sq ft) GIA (including WC).
Location
Situated in the heart of Bradford’s bustling city center, 29 Ivegate presents an outstanding commercial opportunity in a vibrant and well-connected location. Ivegate, one of the city’s oldest streets, is renowned for its rich history and lively atmosphere, making it a prime spot for business.
This property enjoys excellent visibility and foot traffic, surrounded by a diverse mix of retail, dining, and entertainment venues. The area benefits from significant pedestrian flow, ensuring high exposure for any commercial enterprise. Additionally, Bradford’s extensive redevelopment initiatives have further enhanced the appeal of this dynamic urban setting.
Conveniently located near major transport links, 29 Ivegate is easily accessible via public transportation, with Bradford Interchange and Forster Square railway stations within walking distance. The property also offers straightforward access to the M62 motorway, connecting Bradford to Leeds, Manchester, and beyond, making it ideal for businesses requiring efficient logistics and connectivity.
Bradford is a city on the rise, with a growing economy and a strong emphasis on business development. The surrounding area includes a mix of established businesses and new enterprises, fostering a collaborative and thriving commercial environment.
Tenure
Freehold under Title Number WYK170838.
Planning
Planning was granted in January 2023 under planning ref 23/01179/FUL for: Change of use from shop unit (Use Class E) to drinking establishment (Sui Generis) with internal opening to connect with adjacent premises and addition of two new first floor window openings to the front.
Planning Authority
City of Bradford Metropolitan Borough Council - www.bradford.gov.uk
Bidder Registration
Registration for bidding will close at 2:00 pm the day before the auction, after which we cannot guarantee giving you permission to bid at the auction.
VAT
Refer to the legal documentation
Energy Performance Certificate
C:54
Contact
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
Loading the bidding panel...
The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
Office Contact
Vendor
Agreement Documents
Additional Documents
Subject to Contract and Exclusive of VAT © Lambert Smith Hampton December 2024
Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including LSH Property Auctions, and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.