Bradford City FC buy office block

Posted on by John Cronin

Bradford City Football Club has purchased an office block adjacent to their stadium in an attempt to reduce rental expenditure.

bradford city ticket officeBradford City have announced that a deal to purchase the office block (pictured) that the club occupies next door to the Valley Parade ground has been secured with owners Prudential Property Investment Managers (Prupim). The purchase price has not been disclosed.

The football club, which is in poor financial health, rents the office block along with the stadium for an annual rental of approximately £1.3m, with the offices costing £370,000. Fans feared that the club might have to enter a ground-share agreement with the Bradford Bulls Rugby Club in order to reduce expenditure.

The football club will now not have to pay the rental on the office space it uses for ticket sales and administration. Having purchased the offices, known as Bantams Business Centre, club owner Mark Lawn hopes more local businesses will support the club by taking floor space at the building.

Commenting on the deal, Mr Lawn said: “I’d be keen now to talk to all the businesses around Bradford. I’d say to them ‘if you’ve got an office space in Bradford, come and talk to us and we can get you an office in our Bantams Business Centre'”.

The business centre offers fully-serviced offices, available from single workstations upwards. There is a staffed reception area and conference facilities are also available. Rental prices of £85 / week for a 218 sq ft office suite have been previously quoted.

 

 

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