Let to BR Fish and Chips Limited (t/a The Fisherman’s Wife)
New 12 year lease from October 2015 (No breaks)
3 yearly rent reviews to the greater of OMV or RPI
Future development potential (subject to lease and consents)
Separate car park opposite restaurant included
Popular and Affluent Leeds Suburb
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 34
Auction 8th December 2016
Rent £50,000 per Annum Exclusive
Status Sold
Price £775,000
Sector Restaurant
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
3 miles north-west of Leeds City Centre,12 miles south-west of Harrogate, 22 miles south-west of York
Roads
A660, A6120
Rail
Headingley Railway Station
Air
Leeds/Bradford Airport
Situation
The property is situated at the junction of St Chad's Road and Weetwood Lane, which connects with Otley Road (A660). Headingley is an attractive and affluent suburb of Leeds and is home to Yorkshire County Cricket Club and Leeds Rhinos Rugby League Club who are both located less than one mile away. Leeds Beckett University (Headingley Campus) is located approximately 0.5 miles to the west.
Tenure
Freehold.
Location
Miles
3 miles north-west of Leeds City Centre,12 miles south-west of Harrogate, 22 miles south-west of York
Roads
A660, A6120
Rail
Headingley Railway Station
Air
Leeds/Bradford Airport
Situation
The property is situated at the junction of St Chad's Road and Weetwood Lane, which connects with Otley Road (A660). Headingley is an attractive and affluent suburb of Leeds and is home to Yorkshire County Cricket Club and Leeds Rhinos Rugby League Club who are both located less than one mile away. Leeds Beckett University (Headingley Campus) is located approximately 0.5 miles to the west.
Tenure
Freehold.
Description
The property comprises a ground floor restaurant with ancillary accommodation at basement and first floors. The property also benefits from a separate customer car park on Weetwood Lane with parking for over 20 cars.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor restaurant with ancillary accommodation at basement and first floors. The property also benefits from a separate customer car park on Weetwood Lane with parking for over 20 cars.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
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 Basement First Car Park
Restaurant/Ancillary Ancillary Offices/Staff/Ancillary Car Park
353.80 sq m 39.81 sq m 104.34 sq m -
(3,808 sq ft) (429 sq ft) (1,123 sq ft) (-)
BR FISH AND CHIPS LIMITED (1) (t/a The Fisherman's Wife)
12 years from 05/10/2015 until 04/10/2027 on a full repairing and insuring lease
£50,000
05/10/2018 (2) 05/10/2021 (2) 05/10/2024 (2)
Totals
497.95 sq m
(5,360 sq ft)
£50,000
(1) The Fisherman's Wife is a seafood takeaway chain of restaurants, with over 50 years experience, with outlets also located in Whitby, Leeds, Bishopthorpe, York and Seacroft (Source: www.thefishermanswife.co.uk 01/11/2016). (2) The rent is reviewed to the greater of OMV or RPI.
