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Bradford’s Broadway Shopping Centre Put Up for Sale at £74.23 Million

No public explanation has been given for the receivership.

Overview

  • Savills is marketing the 10‑acre complex on behalf of LPA receivers Jemma McAndrew and Matthew Nagle.
  • The guide price reflects a 9.5% net initial yield on marketing income of £10.13 million per year.
  • The scheme totals 572,876 sq ft and is anchored by national retailers including Primark, JD Sports, Boots, Superdrug and Next.
  • Marketing materials cite 85% of gross income with more than two years to lease expiry and 33% derived from non‑retail uses, with Savills expecting strong buyer interest.
  • Local leaders highlight Bradford’s ongoing regeneration, while an opposition councillor questions the sale price against the centre’s reported £260 million development cost.