Core Strategy Baseline Analysis Study - Bradford Metropolitan ...

outmoded. Redevelopment in the future will contribute to an overall improvement in image to
potential occupiers making Shipley a more attractive office location.
Bingley and Cross Flats
Bingley is home to Bradford and Bingley Building Society HQ and as such attracts a number
of spin-off businesses to the area. Much of Bingley’s supply of office premises is located on
purpose built business parks and sites outside of the town centre. The rent at which this
purpose built premises is let is highlighted in the table below.
Table: Typical office rental values in Bingley and Cross Flatts
Source: Bradford Employment Land Review (Arup, 2007)
With a lack of large, deliverable sites identified within Bingley town centre itself, the
Coolgardie and Bingley Auction Market sites essentially form one large development site
(close to Crossflatts Railway station) which could ultimately deliver a significant quantity of
office development strategically located along the A629 corridor with good rail access, and
would align with the aspirations of the Airedale Masterplan.
Keighley
There is an extremely limited provision of office accommodation in Keighley which is perhaps
surprising given that the town historically had a significant manufacturing and distribution
base. Given the size of this market one would expect there to be a more significant provision
of office accommodation for supporting financial and business service functions.
Office accommodation is currently being marketed at Universal Mills, on the fringe of the
town centre available to let on short flexible terms at competitive rents equating to £86 per
sq.m (£8 psf). Self contained office accommodation is available to let on Devonshire Street
on the edge of Keighley town centre close to the Airedale Shopping Centre, at a level which
equates to circa £75 per sq.m (£7 psf). Surrounding occupiers are mainly professional
services such as accountancy or insurance firms.
Other accommodation in the town centre is on the market at rents in the region of £5 psf or
on an all inclusive basis and would be suitable for professional occupiers or those seeking all
inclusive rents.
254