Pedestrianised location some 35 metres from The Foundry Shopping Centre
Nearby occupiers include New Look, Boots the Chemist, Specsavers Optician and Primark
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 90
Auction 7th July 2016
Rent
Status Sold
Price £280,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Squafre London W1H 7BG
On behalf of Joint LPA Receivers Savills
Property Information
Location
Miles
46 miles north-east of Sheffield, 53 miles south-east of Leeds, 47 miles south-east of York
Roads
M181, A159, M180
Rail
Scunthorpe Rail
Air
Robin Hood Doncaster/ Sheffield Airport
Situation
The property is situated on the south side of pedestrianised High Street in the heart of the city centre, some 35 metres west of The Foundry Shopping Centre and some 200 metres North West of the Parish Shopping Centre. Nearby occupiers include New Look, Boots the Chemist, Specsavers Optician and Primark.
Tenure
Freehold.
Location
Miles
46 miles north-east of Sheffield, 53 miles south-east of Leeds, 47 miles south-east of York
Roads
M181, A159, M180
Rail
Scunthorpe Rail
Air
Robin Hood Doncaster/ Sheffield Airport
Situation
The property is situated on the south side of pedestrianised High Street in the heart of the city centre, some 35 metres west of The Foundry Shopping Centre and some 200 metres North West of the Parish Shopping Centre. Nearby occupiers include New Look, Boots the Chemist, Specsavers Optician and Primark.
Tenure
Freehold.
Description
The property comprises ground floor retail accommodation with ancillary accommodation on the first and second floors.
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 ground floor retail accommodation with ancillary accommodation on the first and second floors.
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 Second
Retail Ancillary Ancillary
89.00 sq m 61.50 sq m 36.50 sq m
(958 sq ft) (662 sq ft) (393 sq ft)
TUI UK RETAIL LIMITED (t/a Thomson) (1)
5 years from 31/05/2011 (holding over) (2) New lease requested by tenant
£42,000
30/05/2016
Totals
187.00 sq m
(2,013 sq ft)
£42,000
1) Tui UK Retail Limited was incorporated in 1979. TUI group is the world’s number one tourism business consisting of 1,800 travel agencies and six airlines. It is jointly listed on the London and Frankfurt Stock Exchanges. (Source: www.tuigroup.com). (2) The tenant has served a Section 26 notice of the Landlord and Tenant 1954 Act requesting a new 5 year lease at £23,000 per annum exclusive. Further details are available in the solicitors legal pack.