Entirely let to Wilko Retail Limited (formerly Wilkinson Hardware Stores Limited) until 2022
Substantial corner unit within heart of busy market town
Nearby occupiers include Barclays, Coral Betting, Ladbrokes and Boots Opticians
Lot 38
Auction 11th December 2014
Rent £160,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector High Street Retail
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
9 miles south-west of Leeds
10 miles south-east of Bradford
Roads
A638, A644, M1 (junction 40), M62 (junction 25)
Rail
Dewsbury Railway Station
Air
Leeds Bradford Airport
Situation
The property is situated within the town centre on the eastern side of Crackenedge Lane at its junction with Corporation Street. The property is within close proximity to the Prince of Wales Shopping Centre with other nearby occupiers including Barclays, Coral Betting, Ladbrokes and Boots Opticians.
Tenure
Freehold.
Location
Miles
9 miles south-west of Leeds
10 miles south-east of Bradford
Roads
A638, A644, M1 (junction 40), M62 (junction 25)
Rail
Dewsbury Railway Station
Air
Leeds Bradford Airport
Situation
The property is situated within the town centre on the eastern side of Crackenedge Lane at its junction with Corporation Street. The property is within close proximity to the Prince of Wales Shopping Centre with other nearby occupiers including Barclays, Coral Betting, Ladbrokes and Boots Opticians.
Tenure
Freehold.
Description
The property comprises retail and ancillary accommodation on the ground floor, with staff and storage accommodation on the first and second floors.
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 retail and ancillary accommodation on the ground floor, with staff and storage accommodation on the first and second floors.
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.
20 years from 04/03/2002 until 03/03/2022 on a full repairing and insuring lease
£160,000
04/03/2017
Totals
1,853.96 sq m
(19,956 sq ft)
£160,000
(1) Founded in 1930, Wilko now has over 370 stores worldwide (Source:http://corporate.wilko.com 14/11/2014). For the year ending 1st February 2014, Wilko Retail Limited reported a turnover of £1,462,843,000, a pre-tax profit of £27,612,000 and a total net worth of £248,295,000. (Source: www.riskdisk.com 14/11/2014)
