The Freehold of Sunwin House, 65 Sunbridge Road, Bradford has been sold to a Bradford based investment company who have plans to refurbish the whole building principally based off a Retail/ Emporium use.
The building was purchased by Legal and General from the Co-operative Wholesale Society in 2005 subject to a lease to T J Hughes, who ceased trading in 2012. Following Administration, and the release and separation from the former Godwin Street Annexe, the original 95,000 sq ft Grade II Listed Store became an independent asset in 2017.
Sharma Williamson and Lambert Smith Hampton were retained as the Vendor’s Agents.
Legal advisors to the Fund were Eversheds Sutherland and Schofield Sweeney acted for the Purchaser .
Freddie Coupe from Holbeck Land said “The sale was a culmination of 3 years work on behalf of Legal and General. The project called upon so many of HLL’s skills and resources in terms of Planning, Legal Documentation, Asset Management, Party Wall Awards, and even an element of Construction monitoring as the building needed to be physically separated from being a former Department Store- into its differing legal demises. It was extremely positive and helpful that we were able to achieve such a good working relationship with Provident Finance, as the adjoining occupier. The support we received from the CBMDC in terms of Planning, Listing Consultations and potential Grant Applications was most beneficial. What is encouraging is that the Purchaser is local and well experienced- which augurs well for the long term success of this important listed Building in the heart of Bradford.”
