Commercial Property News

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Friday, June 19, 2023

Eddisons Bradford office sell Shipley Mixed-use site

The sale of the former Wrose Community Centre on Wrose Road, Shipley has been announced.

The prominent site has been sold to an unnamed local developer by the Bradford office of Eddisons, acting on behalf of the Wrose Community Association.

It is hoped that the capital receipt achieved from the sale will generate significant grant funding, with the total gain to the community expected to exceed 350,000.

Jonathan O'Connor of Eddisons said: 'This was a complicated deal conducted on behalf of the Association's trustees. It had to be progressed within very stringent guidelines laid down by the Charity Commission and involved regular liaison and reporting in accordance with charity regulations.

'Hopefully the positive outcome will be of major long term benefit to the village and its residents.'

The outdated facility occupies a site extending to just over half an acre and has been on the market since early 2008 which coincided with a significant down turn in the property sector.

'Since we started marketing the site the property sector has experienced some turbulent times which makes the completion of the deal particularly satisfying. It also proves that there are still buyers on the look out for good quality sites with development potential in the Bradford area,' commented Jonathan O'Connor.