30/32 Carlton Street Castleford West Yorkshire WF10 1BA

30/32 Carlton Street
Castleford
West Yorkshire
WF10 1BA

Freehold Retail Investment

Predominantly let to Poundworld Retail Limited on a 10 year lease until May 2019
Approximately 984.70 sq m (10,599 sq ft)
VAT-free investment
Excellent pedestrianised trading location opposite Carlton Lanes Shopping Centre
Nearby occupiers include Marks & Spencer, Greggs and Co-Operative Food
Legal Title Report <a href="/media/32026/legal title report v4.pdf" target="_blank" title="Legal Title Report V4">here</a>

Lot
53
Auction
11th December 2014
Rent
£60,000 per Annum Exclusive
Status
Sold
Price
£542,000
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Freehold Retail Investment

Predominantly let to Poundworld Retail Limited on a 10 year lease until May 2019
Approximately 984.70 sq m (10,599 sq ft)
VAT-free investment
Excellent pedestrianised trading location opposite Carlton Lanes Shopping Centre
Nearby occupiers include Marks & Spencer, Greggs and Co-Operative Food
Legal Title Report <a href="/media/32026/legal title report v4.pdf" target="_blank" title="Legal Title Report V4">here</a>

Lot 53
Auction 11th December 2014
Rent £60,000 per Annum Exclusive
Status Sold
Price £542,000
Sector
High Street Retail
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 10 miles south-east of Leeds, 20 miles south-west of York
Roads: M62, A1(M)
Rail: Castleford Railway Station
Air: Leeds Bradford Airport

Situation

The property is situated in the town centre on the pedestrianised Carlton Street, the town’s principal retailing thoroughfare. Situated opposite an entrance to Carlton Lanes Shopping Centre, the property also benefits from a large public car park for 260 spaces to the rear, accessed via Carlton Lane Arcade.

Tenure

Freehold.

Location

Miles: 10 miles south-east of Leeds, 20 miles south-west of York
Roads: M62, A1(M)
Rail: Castleford Railway Station
Air: Leeds Bradford Airport

Situation

Tenure

Freehold.

Description

The property comprises a substantial retail unit on the ground floor with ancillary accommodation on the first floor.

Six Week Completion

Legal Title Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

EPC

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

Description

VAT

VAT is not applicable to this lot.

EPC

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

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reversion
Ground First	Retail/Ancillary Ancillary	518.10 sq m 466.60 sq m	(5,577 sq ft) (5,022 sq ft)	POUNDWORLD RETAIL LIMITED (1)	10 years from 26/05/2009 on a full repairing and insuring lease	£60,000	25/05/2019
Totals		984.70 sq m	(10,599 sq ft)			£60,000

(1) Poundworld now trade from over 180 stores nationwide, employing over 5,100 employees (Source: Company website). For the year ending 31st March 2014, Poundworld Retail Limited reported a turnover of £345,259,000, pre-tax profits of £5,002,000 and a total net worth of £11,498,000. (Source: www.riskdisk.com 10/11/2014) NB. Please note that an area of land to the rear is let to CM Brown (sublet to British Heart Foundation) for a term of 99 years from 1st August 1946 at nil rent.