15 - 17 Boothferry Road Goole East Riding of Yorkshire DN14 5DE

15 - 17 Boothferry Road
Goole
East Riding of Yorkshire
DN14 5DE

Well Located Retail Investment

  • Majority let to Vodafone Limited until 2024 (subject to option)
  • Kingston Vapes Limited’s February 2017 break option not exercised
  • Excellent location on the pedestrianised Boothferry Road
  • Nearby occupiers include JD Wetherspoon, Iceland, Boots the Chemist, Peacocks, Greggs and Superdrug
  • Wesley Square Shopping Centre car park located nearby
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    70
  • Auction
    8th December 2016
  • Rent
    £27,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £230,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
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* More information on the term "guide" can be found here

Well Located Retail Investment

  • Majority let to Vodafone Limited until 2024 (subject to option)
  • Kingston Vapes Limited’s February 2017 break option not exercised
  • Excellent location on the pedestrianised Boothferry Road
  • Nearby occupiers include JD Wetherspoon, Iceland, Boots the Chemist, Peacocks, Greggs and Superdrug
  • Wesley Square Shopping Centre car park located nearby
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 70
  • Auction 8th December 2016
  • Rent
  • Status Sold
  • Price £230,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
19 miles south-east of York, 27 miles south-east of Leeds
Roads
M18, M62
Rail
Goole Railway Station
Air
Leeds Bradford Airport
Situation

The property occupies a prominent position on the pedestrianised Boothferry Road, the main retailing street in Goole town centre. Nearby occupiers include JD Wetherspoon, Iceland, Boots the
Chemist, Peacocks, Greggs, Superdrug and Carphone Warehouse. Wesley Square Shopping Centre car park is also located nearby which provides approximately 110 car parking spaces.

Tenure

Long Leasehold. Long leasehold for a term expiring on 16th January 3007 at a peppercorn rent.

Location
Miles
19 miles south-east of York, 27 miles south-east of Leeds
Roads
M18, M62
Rail
Goole Railway Station
Air
Leeds Bradford Airport
Situation

The property occupies a prominent position on the pedestrianised Boothferry Road, the main retailing street in Goole town centre. Nearby occupiers include JD Wetherspoon, Iceland, Boots the
Chemist, Peacocks, Greggs, Superdrug and Carphone Warehouse. Wesley Square Shopping Centre car park is also located nearby which provides approximately 110 car parking spaces.

Tenure

Long Leasehold. Long leasehold for a term expiring on 16th January 3007 at a peppercorn rent.

Description

The property comprises two ground floor shops, which form part of a larger building.

VAT

VAT is applicable to this lot.

Completion Period

Eight Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises two ground floor shops, which form part of a larger building.

VAT

VAT is applicable to this lot.

Completion Period

Eight Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
15 Ground Retail/Ancillary
98.94 sq m
(1,065 sq ft)
VODAFONE
LIMITED (1)
10 years from
23/05/2014 (2)
£17,500 23/05/2019
(22/05/2024)
17 Ground Retail/Ancillary
40.13 sq m
(432 sq ft)
KINGSTON VAPES
LIMITED
5 years from
16/02/2016 (3)
£9,500 (15/02/2021)
Totals    
139.07 sq m
(1,497 sq ft)
    £27,000  

(1) For the year ending 31st March 2016, Vodafone Limited reported a turnover of £6,183,500,000, pre-tax profits of £-636,800,000 and a total net worth of £3,506,200,000 (Source: Experian Group 10/11/2016).
(2) The lease is subject to a tenant option to determine on 23rd May 2019.
(3) The lease was subject to a tenant break option in February 2017 subject to six months prior written notice. The notice period for this break date has now passed.

Property Documents

  • Catalogue Page
    Updated Date
    16.11.16
    File Size
    734 KB
    View PDF
  • Site Plan
    Updated Date
    16.11.16
    File Size
    67 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Freemans Solicitors 22 Upper Woburn Place
London
WC1H 0HW
Stephen Nelken 0207 935 3522sn@freemanssolicitors.net

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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