Published on: 17th August 2018
We have been appointed Sole Selling Agents by Howard Smith and David Costley-Wood of KPMG as Administrators of Adam & Baka Ltd, owners of a very substantial freehold property portfolio located in Bradford, West Yorkshire.
Click here to view the property listing.
The portfolio is offered for sale as a whole or in seven Lots and extends to over 400,000 sq ft (37,160 sq m) of accommodation on 18.6 acres (7.5 ha) with a gross rent roll approaching £350,000 per annum. Combined quoted asking prices for Lots 1-6 is £4.22m. Offers are invited for Lot 7, a 4.6 acre (1.9ha) cleared site in the BD4 district.
Neil Bestwick agent on the property commented, “We expect this portfolio to generate significant market interest as it offers extensive proactive management opportunities with 3 of the lots having great scope for immediate redevelopment, subject to the usual permissions”.
Bids are required by Friday 28 September 2018.