The property is situated within an established retail warehouse/ trade and industrial area just off Clough Road, 2 miles north of Hull City Centre and easily accessible from the A1165. Nearby occupiers along Clough Road include Halfords, PC World and Currys.
Tenure
Freehold.
Location
Miles
39 miles south-east of York, 60 miles east of Leeds, 65 miles north-east of Sheffield
The property is situated within an established retail warehouse/ trade and industrial area just off Clough Road, 2 miles north of Hull City Centre and easily accessible from the A1165. Nearby occupiers along Clough Road include Halfords, PC World and Currys.
Tenure
Freehold.
Description
The property comprises a single-storey office unit and large hardstanding driving practice area used as a driving test centre for motorbike, taxi and car driving assessments. The property benefits from an approximate site area 0.96 hectares (2.38 acres) including parking for approximately 32 cars.
Six Week Completion
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a single-storey office unit and large hardstanding driving practice area used as a driving test centre for motorbike, taxi and car driving assessments. The property benefits from an approximate site area 0.96 hectares (2.38 acres) including parking for approximately 32 cars.
Six Week Completion
VAT
VAT is 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
Reviews
Ground
Driving Test Centre
149.85 sq m
(1,613 sq ft)
SECRETARY OF STATE FOR COMMUNITIES AND LOCAL GOVERNMENT
40 years from 05/07/2007 until 04/07/2047 on a full repairing and insuring lease (1) (2)
£111,977
05/07/2007 and 5 yearly
Totals
149.85 sq m
(1,613 sq ft)
£111,977
(1) The lease provides five yearly upward only rent reviews to the higher of uncapped annually compounded RPI or OMRV. (2)The lease provides a tenant’s option to break on the fifteenth and twenty-fifth anniversary of the term. The tenant is not currently occupying the premises but intend to reoccupy. Please refer to the legal pack.