Two Retail Units let to Overgate Hospice and TIA Greyhound and Lurcher Rescue
Town Centre Location opposite entrance to Westgate Shopping Arcade
Close to the pedestrianised Shopping Precinct and Woolshops Shopping Centre
Nearby occupiers include Santander, Halifax, William Hill, Domino’s and Caffe Nero
Potential Development Opportunities (subject to consents)
Lot 54
Auction 22nd May 2014
Rent £38,250 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Status Withdrawn Post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 Bradford, 15 miles south-west of Leeds, 30 miles north-east of Manchester
Roads
M62 (Junction 24), A629, A58
Rail
Halifax Railway Station
Air
Leeds Bradford International Airport
Situation
The property is situated within Halifax town centre on the western side of Southgate opposite an entrance to the Westgate Shopping Arcade. The property is within close proximity of the pedestrianized shopping precinct and the Woolshops Shopping Centre which houses retailers such as Topshop, Marks and Spencer, Greggs and Boots. Other nearby occupiers include Santander, Halifax, William Hill, Domino’s, Sports Direct and Caffe Nero.
Tenure
Freehold.
Location
Miles
9 miles south-west of Bradford, 15 miles south-west of Leeds, 30 miles north-east of Manchester
Roads
M62 (Junction 24), A629, A58
Rail
Halifax Railway Station
Air
Leeds Bradford International Airport
Situation
The property is situated within Halifax town centre on the western side of Southgate opposite an entrance to the Westgate Shopping Arcade. The property is within close proximity of the pedestrianized shopping precinct and the Woolshops Shopping Centre which houses retailers such as Topshop, Marks and Spencer, Greggs and Boots. Other nearby occupiers include Santander, Halifax, William Hill, Domino’s, Sports Direct and Caffe Nero.
Tenure
Freehold.
Description
The property comprises two ground floor retail units, with storage accommodation on first and second floors accessed via a central staircase. Both units also benefit from basement accommodation.
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 two ground floor retail units, with storage accommodation on first and second floors accessed via a central staircase. Both units also benefit from basement accommodation.
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
No
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews/(Reversion)
50
Ground First Second
Retail Storage Storage
75.80 sq m 56.95 sq m 20.44 sq m
(816 sq ft) (613 sq ft) (220 sq ft)
OVERGATE HOSPICE (1) (2)
10 years from 13/03/2007
£23,250
(12/03/2017)
54
Ground First Second
Retail Storage Storage
77.11 sq m 49.05 sq m 19.79 sq m
(830 sq ft) (528 sq ft) (213 sq ft)
TIA GREYHOUND AND LURCHER RESCUE (3)
9 years from 01/01/2010 (4)
£15,000
01/01/2016 (31/12/2018)
Totals
299.14 sq m
(3,220 sq ft)
£38,250
1) Overgate Hospice is a registered charity providing specialist palliative care for people living with a life limiting illness and currently operate 10 shops. (Source: www.overgatehospice.org.uk 16/04/2014) (2)The first and second floors of 50 Southgate are subject to a schedule of condition, as per the lease. (3)TIA Greyhound and Lurcher Rescue provide the largest greyhound rescue/home finding sanctuary in the North of England offering a home to up to 100 greyhounds at any one time and operate ten charity shops (Source: www.tiagreyhounds.org 16/04/2014) (4)The lease to TIA Greyhound and Lurcher Rescue provides a tenant option to determine on the sixth anniversary of the lease
