Nearby occupiers include Greggs, Halifax and a Jet petrol station
Lot 45
Auction 19th October 2017
Rent £75,000 per Annum Exclusive
Status Sold
Price £1,080,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On Behalf of Co-op
Property Information
Location
Miles
3 miles east of Doncaster, 20 miles north-east of Sheffield, 27 miles south-east of Leeds
Roads
M18, A18, A630, A638
Rail
Doncaster Railway Station
Air
Doncaster Sheffield Airport
Situation
Armthorpe, a predominantly residential suburb, lies approximately 3 miles east of Doncaster. The
property is prominently situated on the north side of Church Street, in the centre of the commercial pitch opposite Morrisons. Other neighbouring occupiers include Greggs, Halifax and a Jet petrol station.
Tenure
Freehold.
Location
Miles
3 miles east of Doncaster, 20 miles north-east of Sheffield, 27 miles south-east of Leeds
Roads
M18, A18, A630, A638
Rail
Doncaster Railway Station
Air
Doncaster Sheffield Airport
Situation
Armthorpe, a predominantly residential suburb, lies approximately 3 miles east of Doncaster. The
property is prominently situated on the north side of Church Street, in the centre of the commercial pitch opposite Morrisons. Other neighbouring occupiers include Greggs, Halifax and a Jet petrol station.
Tenure
Freehold.
Description
The property comprises ground floor retail accommodation and first floor ancillary accommodation. The property benefits from a site area of 0.33 hectares (0.80 acres) with a car park for approximately 44 cars.
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 ground floor retail accommodation and first floor ancillary accommodation. The property benefits from a site area of 0.33 hectares (0.80 acres) with a car park for approximately 44 cars.
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
Review/ (Reversion)
Ground First
Retail Ancillary
1,014.51 sq m 175.80 sq m
(10,920 sq ft) (1,892 sq ft)
B&M RETAIL LIMITED (1)
10 years from 14/03/2016 (2) on a full repairing and insuring lease
£75,000
14/03/2021 (13/03/2026)
Total
1,190.31 sq m
(12,813 sq ft)
£75,000
(1) For the year ending 25th March 2017, B&M Retail Limited reported a turnover of £2,252,265,000, a pre-tax profit of £198,006,000 and a net worth of £498,412,000 (Source: Experian Group 19/09/2017). (2) The lease is subject to a schedule of condition.
