Fawcett Mead are delighted to have advised the Augur Group on the disposal of The Xchange on Charles Street modern retail and leisure asset in the heart of Bradford City Centre for £6.4m. The City Council have purchased the Kirkgate Shopping Centre on Darley Street and Primark have relocated to the Broadway Shopping Centre.
The Fawcett Mead sale property comprised a high-quality mixed-use scheme, adjacent to the Broadway Shopping Centre. The scheme is let to national occupants including Metro Bank, Greggs, Esquires Coffee, CEX, Easy Gym and German Donner Kebab.
Graham Fawcett commented “Bradford been in decline for a number of years however has seen significant investment by both the council and private investors recently, the market is relocating to a central area and the demand from occupiers is good. There are clearly challenges ahead but the future feels positive”
Brad Maher of Prime Retail advised the purchaser Evolve Estates.
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