A substantial industrial and commercial investment property located in Bradford is up for sale freehold for offers in excess of £1.25m.
Called St Stephen’s Mill, the 62,500 sq ft property is based on Ripley Street in the city and currently comprises eight self-contained units. Occupiers at the complex include a retail warehouse, café, gym, recording studio, workshops, a church and offices, with a further unit currently owner-occupied.
The complex benefits from excellent transport links being situated under a mile south of the city centre and occupying a prominent position with frontage to Manchester Road A641, with the M606 within one mile.
St Stephen’s Mill has been brought to market by commercial property consultancy Walker Singleton and is open to purchase with offers in excess of £1.25m invited.
Commenting on the listing, Walker Singleton director, Paul Diakiw said: “We expect St Stephen’s Mill to be a popular site, due to its strong commercial and investment appeal along with its low capital value rate of c.£20 per sq ft.
“The complex holds various asset management opportunities to include growth in the gross rental income and the possibility of development of additional units on site.
“I would strongly advise any interested parties to get in contact to discuss the opportunity and to arrange a viewing.”
Walker Singleton is a multi-disciplinary consultancy which provides partner-led property and asset services.
The firm has offices in Bradford, Halifax, Huddersfield and Leeds, employs 50 people and has four key service areas. These comprise commercial and industrial property; residential property; machinery and business assets; and land and property auctions.
For further information on Walker Singleton visit www.walkersingleton.co.uk