Majority let to Vodafone Limited until 2024 (subject to option)
Kingston Vapes Limited’s February 2017 break option not exercised
Excellent location on the pedestrianised Boothferry Road
Nearby occupiers include JD Wetherspoon, Iceland, Boots the Chemist, Peacocks, Greggs and Superdrug
Wesley Square Shopping Centre car park located nearby
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 70
Auction 8th December 2016
Rent £27,000 per Annum Exclusive
Status Sold
Price £230,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
19 miles south-east of York, 27 miles south-east of Leeds
Roads
M18, M62
Rail
Goole Railway Station
Air
Leeds Bradford Airport
Situation
The property occupies a prominent position on the pedestrianised Boothferry Road, the main retailing street in Goole town centre. Nearby occupiers include JD Wetherspoon, Iceland, Boots the
Chemist, Peacocks, Greggs, Superdrug and Carphone Warehouse. Wesley Square Shopping Centre car park is also located nearby which provides approximately 110 car parking spaces.
Tenure
Long Leasehold. Long leasehold for a term expiring on 16th January 3007 at a peppercorn rent.
Location
Miles
19 miles south-east of York, 27 miles south-east of Leeds
Roads
M18, M62
Rail
Goole Railway Station
Air
Leeds Bradford Airport
Situation
The property occupies a prominent position on the pedestrianised Boothferry Road, the main retailing street in Goole town centre. Nearby occupiers include JD Wetherspoon, Iceland, Boots the
Chemist, Peacocks, Greggs, Superdrug and Carphone Warehouse. Wesley Square Shopping Centre car park is also located nearby which provides approximately 110 car parking spaces.
Tenure
Long Leasehold. Long leasehold for a term expiring on 16th January 3007 at a peppercorn rent.
Description
The property comprises two ground floor shops, which form part of a larger building.
VAT
VAT is applicable to this lot.
Completion Period
Eight Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises two ground floor shops, which form part of a larger building.
VAT
VAT is applicable to this lot.
Completion Period
Eight Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review/(Reversion)
15
Ground
Retail/Ancillary
98.94 sq m
(1,065 sq ft)
VODAFONE LIMITED (1)
10 years from 23/05/2014 (2)
£17,500
23/05/2019 (22/05/2024)
17
Ground
Retail/Ancillary
40.13 sq m
(432 sq ft)
KINGSTON VAPES LIMITED
5 years from 16/02/2016 (3)
£9,500
(15/02/2021)
Totals
139.07 sq m
(1,497 sq ft)
£27,000
(1) For the year ending 31st March 2016, Vodafone Limited reported a turnover of £6,183,500,000, pre-tax profits of £-636,800,000 and a total net worth of £3,506,200,000 (Source: Experian Group 10/11/2016). (2) The lease is subject to a tenant option to determine on 23rd May 2019. (3) The lease was subject to a tenant break option in February 2017 subject to six months prior written notice. The notice period for this break date has now passed.