Online Auction

Development Site at All Saints Road, Bradford, BD7 3AY

Upon Instructions of

Receivers

  • Freehold development site
  • About 3.04 acres (1.23 hectares)
  • Current planning permission for 580 student bedrooms & lapsed consent for 1,084 bedrooms
  • Pre-planning application submitted for alternative uses including residential
  • Vacant possession
  • Upon the instructions of the Receiver, Andrew Pear of BM Advisory

Details

Location

Summary: The site is located at the junction of All Saints Road and Dirkhill Road to the south west of the city centre in a mixed residential and commercial area. It lies directly to the west of the University Student Living Bradford Halls of Residence.
Miles: Leeds 11 miles, Halifax 6 miles
Rail: Bradford Interchange, Bradford Forster Square
Air: Leeds Bradford Airport 9 miles

Description

A predominantly level and irregular shaped site totalling about 3.04 acres (1.23 hectares). The site is currently largely covered by shrubs and trees and has vehicular access directly from All Saints Road close to its junction with Dirkhill Road.

Bradford has a large student population as a result of being home to the University of Bradford and Bradford College. The University is a leading institution in the green movement, with its ecoversity programme assessing sustainable issues throughout the University. This has led to the creation of The Green, a sustainable student village which is part of a £70m modernisation plan.

Tenure

Freehold

Planning

1. Planning permission has been granted (subject to a Section 106 Agreement) for the development of four student accommodation blocks, each providing between 110 and 170 bedrooms creating 580 ensuite rooms plus sports facilities (planning reference 07/06379/FUL). This consent was subsequently varied to enable a new internal layout to be approved utilising the same approved footprint and external envelope (reference 09/03603/VOC).

2. Bradford Council has provided a letter stating that the pre-commencement conditions attached to the varied consent have subsequently been discharged and the planning permission lawfully implemented.

3. A previous planning consent for the development of 1,084 student bedrooms has now lapsed.

4. A pre-application enquiry has been submitted to Bradford Council proposing the redevelopment of the site for student accommodation, residential (including private residential for rent) and mixed use development. Discussions are ongoing but the initial response has been positive. Prospective purchasers are advised to make their own enquiries.

Planning Authority

Bradford Metropolitan District Council (01274 434605) www,bradford.gov.uk

Bidder Registration

In order to bid you will be required to provide proof of identification, proof of address and source of funds before being authorised to bid.

We will also require a solicitor's undertaking for the full 10% deposit plus the auctioneer's administration fee of £990 (inclusive of VAT). Please see our Online Bidding and Registration Guide for further information.

Registration for bidding will close at 5:00pm on Thursday 5 April 2018, after which we cannot guarantee that authorisation to bid in the auction will be granted.

Glossary

A Glossary of some common auction terms and an explanation around them to assist you with your purchase can be found here.

VAT

Refer to the legal documentation

Energy Performance Certificate

No EPC required

Address Acres Hectares
Site area 3.04 1.23
All areas have been taken from Promap and are for guidance purposes only.

Contact

Seller's solicitor

Charles Russell Speechlys LLP (Raza Anjum)
020 7203 5288
raza.anjum@crsblaw.com

Joint auctioneers

LSH Newcastle (Michael Downey)
0191 338 8326
mdowney@lsh.co.uk

*Reserve Not to exceed

The reserve is the minimum amount the seller will currently accept. This figure does not represent a valuation nor does it reflect the likely sale price. It is subject to change, upwards or downwards.

Administration Fee

The successful purchaser will be required to pay the auctioneers administration fee of £990 inclusive of VAT. Other additional costs/fees may apply - Click here.

Sold for £1,100,000

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Reserve not to exceed*
£950,000

The successful purchaser will be required to pay the auctioneers administration fee of £990 inclusive of VAT. Other additional costs/fees may apply - Click here.


Agreement Documents