Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
9 miles south-east of Beverley
39 miles south-east of York
Roads
A165, A63, M62
Rail
Hull Railway Station (direct to London Kings Cross)
Air
Robin Hood Airport Doncaster Sheffield
Situation
The property is situated on the north side of the pedestrianised Whitefriargate in a prime retail position. Nearby occupiers include Marks & Spencer, Superdrug, Poundworld, Boots the Chemist & HSBC.
Tenure
Freehold.
Location
Miles
9 miles south-east of Beverley
39 miles south-east of York
Roads
A165, A63, M62
Rail
Hull Railway Station (direct to London Kings Cross)
Air
Robin Hood Airport Doncaster Sheffield
Situation
The property is situated on the north side of the pedestrianised Whitefriargate in a prime retail position. Nearby occupiers include Marks & Spencer, Superdrug, Poundworld, Boots the Chemist & HSBC.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit with ancillary accommodation on the first, second and third floors. The upper floors are not currently in use.
Six Week Completion
Buyer's Legal 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
The property comprises a ground floor retail unit with ancillary accommodation on the first, second and third floors. The upper floors are not currently in use.
Six Week Completion
Buyer's Legal 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.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x.
Reversion
Ground First, Second & Third
Retail/Ancillary Ancillary
100.33 sq m Not Measured
(1,080 sq ft) Not Measured
RAL LTD t/a Quicksilver (1)
20 years from 13/08/1997 on a full repairing and insuring lease
£50,000
12/08/2017
Totals
100.33 sq m
(1,080 sq ft)
£50,000
(1) For the year ending 08/06/2013, RAL Limited (formerly Rank Amusements Limited) reported a turnover of £47,482,000, a pre-tax loss of £374,000 and a total net worth of £14,986,000. (Source: www.riskdisk.com 14/01/2015). RAL Limited is part of the Tatts Group which includes brands such as Quicksilver, Winners and Silvers and operate from approximately 170 venues across the UK. Tatts are generating sales in excess of $3.6 billion annually. (Source: www.tattsgroup.com 14/01/2015)
