Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
25 miles south-west of Hull, 46 miles north-east of Sheffield, 53 miles south-east of Leeds
Roads
M181, A159, M180
Rail
Scunthorpe Rail
Air
Humberside Airport
Situation
The property is situated on the northern side of the pedestrianised High Street in the heart of the city centre. The property is a short walk from The Foundry and Parish Shopping Centres, which house retailers such as Primark, H&M and Vodafone. Other nearby occupiers include Lloyds Bank, Topman and Ernest Jones Jewellers.
Tenure
Freehold.
Location
Miles
25 miles south-west of Hull, 46 miles north-east of Sheffield, 53 miles south-east of Leeds
Roads
M181, A159, M180
Rail
Scunthorpe Rail
Air
Humberside Airport
Situation
The property is situated on the northern side of the pedestrianised High Street in the heart of the city centre. The property is a short walk from The Foundry and Parish Shopping Centres, which house retailers such as Primark, H&M and Vodafone. Other nearby occupiers include Lloyds Bank, Topman and Ernest Jones Jewellers.
Tenure
Freehold.
Description
The property comprises retail/ancillary accommodation on the ground floor and ancillary accommodation on the first and second floors.
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 applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises retail/ancillary accommodation on the ground floor and ancillary accommodation on the first and second floors.
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 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 (2)
Retail/Ancillary Ancillary
119.10 sq m 38.20 sq m Not Measured
(1,282 sq ft) (412 sq ft)
THORNTONS PLC
5 years from 03/08/2012 on a full repairing and insuring lease
£36,000
03/08/2017
Totals
157.30 sq m
(1,694 sq ft)
£36,000
(1) For the year ending June 2014, Thorntons Plc reported a turnover of £222,437,000, pre-tax profits of £5,968,000 and a total net worth of £16,579,000. (Source: Experian Group 11/09/2015) (2) The second floor area is accessed via a hatch and was not accessed by the Auctioneers
