Units 4, 5 & 7 Thornfield Business Park, Standard Way Northallerton North Yorkshire DL6 2XQ

Units 4, 5 & 7 Thornfield Business Park, Standard Way
Northallerton
North Yorkshire
DL6 2XQ

Well Secured Office Investment

  • Let to North Yorkshire County Council t/a Trading Standards
  • Forms part of the established Northallerton Business Park
  • Nearby occupiers include NFU Mutual, JT Atkinson and Speed Clad
  • Parking rights for approximately 15 cars
  • Lot
    3
  • Auction
    19th October 2017
  • Rent
    £49,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £430,000
  • Sector
    Office
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Receivers at Colliers
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Well Secured Office Investment

  • Let to North Yorkshire County Council t/a Trading Standards
  • Forms part of the established Northallerton Business Park
  • Nearby occupiers include NFU Mutual, JT Atkinson and Speed Clad
  • Parking rights for approximately 15 cars
  • Lot 3
  • Auction 19th October 2017
  • Rent
  • Status Sold
  • Price £430,000
  • Sector
    Office
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Receivers at Colliers

Property Information

Location
Miles
37 miles south of Durham, 15 miles north of Leeds
Roads
B6271, A167, A1
Rail
Northallerton Rail
Air
Durham Tees Valley Airport, Leeds Bradford Airport
Situation

Thornfield Business Park is located within Standard Way Industrial Estate on the northern outskirts of the market town of Northallerton in North Yorkshire. The property occupies a prominent position within the Park, close to Standard Way's junction with the B6271. Nearby occupiers include NFU Mutual, JT Atkinson and Speed Clad.

Tenure

Long Leasehold. 150 years from completion of the sale at a peppercorn rent. Please refer to the legal pack and Special Conditions for more information.

Location
Miles
37 miles south of Durham, 15 miles north of Leeds
Roads
B6271, A167, A1
Rail
Northallerton Rail
Air
Durham Tees Valley Airport, Leeds Bradford Airport
Situation

Thornfield Business Park is located within Standard Way Industrial Estate on the northern outskirts of the market town of Northallerton in North Yorkshire. The property occupies a prominent position within the Park, close to Standard Way's junction with the B6271. Nearby occupiers include NFU Mutual, JT Atkinson and Speed Clad.

Tenure

Long Leasehold. 150 years from completion of the sale at a peppercorn rent. Please refer to the legal pack and Special Conditions for more information.

Description

The property comprises a detached office building with ground floor reception area and office accommodation on ground and first floors. The accommodation benefits from suspended ceilings, CAT II lighting and car parking rights for approximately 15 cars.

VAT

VAT is applicable to this lot.

Note

This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

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 detached office building with ground floor reception area and office accommodation on ground and first floors. The accommodation benefits from suspended ceilings, CAT II lighting and car parking rights for approximately 15 cars.

VAT

VAT is applicable to this lot.

Note

This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

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 Reversion
Ground
First
Office
Office
229.4 sq m
229.4 sq m
(2,469 sq ft)
(2,469 sq ft)
NORTH YORKSHIRE
COUNTY COUNCIL
t/a The Trading
Standards Agency (1)
5 years from 02/10/2016
on a full repairing and
insuring lease (2)
£49,000 01/10/2021
Total
458.8 sq m
(4,938 sq ft)
    £49,000  

(1) North Yorkshire County Council have been in occupation of the unit since at least 2003.
(2) The lease provides a tenant only option to determine any time after 01/10/2019 subject to six months’ notice

Property Documents

  • Catalogue Page
    Updated Date
    01.11.19
    File Size
    670 KB
    View PDF
  • Site Plan
    Updated Date
    01.11.19
    File Size
    815 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Addleshaw Goddard LLP 1 St Peter's Square
Manchester
M2 3DE
Jason Scott 0161 934 6529jason.scott@addleshawgoddard.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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