The Pavilion, City Park

Location

The property is in a prime location in City Park, in the heart of the city centre, benefiting from high footfall levels and regular events.

Situation

There are some 10,000 plus pedestrian movements per day past the Pavilion and it enjoys one of the best city centre outlooks in the country.

City Park and Mirror Pool, a brilliant award winning high tech water feature has 100 fountains, laser lights, mist and water effects and much more. The space has gained a reputation for staging a fantastic, high quality programme of public events throughout the year and is particularly popular during the Summer months.

These events include the Bradford Literature Festival, Bradford Festival, Science Festival, Bradford Classic Car Show and Illuminate Bradford. Bradford is also a cultural city with a flourishing arts scene, fascinating exhibitions and beautiful theatres. There are attractions such as the National Science and Media Museum, and Impressions Gallery, one of the UK’s most celebrated photography venues and champions emerging talent.

The property is close to Centenary Square which houses the City Library, Impressions Art Gallery, Bradford College, Starbucks, Nandos and Lloyds Bar, whilst opposite is City Hall. City Hall was the venue for 699 weddings in 2017 and has a footfall in the region of 44,000 people per annum to celebrate their wedding or register a birth or a death.

Adjacent to The Pavilion is One City Park, which is a minimum 8639 sq m (93,000 sq ft) proposed flagship office development site.

Also in the vicinity is the prestigious Alhambra Theatre and the former Odeon Cinema, being one of the largest cinemas in Britain. It is currently undergoing renovation and refurbishment as a 4,000 capacity live music events venue known as ‘Bradford Live’ and will be operated by the NEC group and is due to be open by Autumn 2020.

Planning

The property currently benefits from Planning for A3 (café/restaurant) and A5 (hot food) uses.

Any proposed changes may be subject to a further planning application and could only be accommodated if they do not compromise the design and appearance of the building.

Floor areas

Net internal area: 140 sq m (1507 sq ft). The lettable area is shown on the area plan (PDF).

An external area in front of the unit may be available for use to set out tables and chairs, subject to an appropriate agreement with the Council. The external area above the unit is not part of the demise.

Due to the location of the property there will be periods during which access may be restricted due to events and preparation/dismantling.

Lease terms

The premises are available To Let by way of a new lease for a period of years to be agreed.

Leases of 6 years and over in length will incorporate a 3 yearly rent review pattern, with an option to break at year 3 (if required).

The tenant will be responsible for internal repairing and decoration including all parts of doors and windows.

The Council insures the structure of the building and the incoming tenant will reimburse 25% of the annual building insurance charge.

Rent

Rental offers are sought in the region of £25,000 per annum exclusive of business rates.

The Council will charge VAT on the rental.

A rent free period may be considered for fitting out.

Selection criteria

The Council is looking to select a vibrant and sustainable use for this prime business opportunity to complement the existing uses in the City Park environment. Prospective tenants are asked to provide full details of their proposals including:

  • Proposed use.
  • Previous track record.
  • Brief fit out proposals.
  • Evidence of financial backing.

Opening hours

The Council is seeking a business which operates extended opening hours. Bidders are therefore asked to make reference to their proposed opening times.

Rates

The Rating Assessment in the 2017 Rating List is “Café & Premises”. Rateable value £11,750.

Qualifying businesses will therefore currently benefit from 100% Small Business Rate Relief.

City Centre Growth Zone

The property is covered by the City Centre Business Growth Scheme which incorporates the following potential benefits:

  • Business Growth Rate rebate scheme.
  • Access to Employment and Skills.
  • Extensive infrastructure and wifi upgrade.
  • Relocation and a range of expert business support.

Further details are available at the Invest in Bradford website.

Costs

The ingoing tenant is to contribute towards the Council's costs of granting a new lease. We anticipate that costs will be in the region of £2,000 plus VAT.

Energy rating

An Energy Performance Certificate is available. The building has an EPC rating of band C.

Viewing and further information

info@sharmawilliamson.co.uk 01274 759955

Offers

Offers are to be submitted to the agent on an offer form by 28 September 2018. The Council may wish to enter into further discussions with the leading parties following the closing date.

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