43 High Street
Knaresborough
North Yorkshire
HG5 0HB

Freehold Retail Investment

  • Let to Superdrug Stores Plc until 2021
  • September 2018 tenant break removed
  • Prominent town centre location 250m from Knaresborough Railway Station
  • Neighbouring occupiers include Barclays, Boots, Betfred, M&Co and Tesco Express
  • Lot
    8
  • Auction
    24/May/2018
  • Rent
    £27,500 per Annum Exclusive
  • Status
    Sold
  • Price*
    £330,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Auction & Property Update
  • 43 High Street<br>Knaresborough<br>North Yorkshire<br>HG5 0HB
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* More information on the term "price" can be found here

Property Information

Location
Miles
4 miles north-east of Harrogate, 18 miles west of York, 18 miles north of Leeds
Roads
A1, A59, A661
Rail
Knaresborough Rail Station
Air
Leeds Bradford International Airport
Situation

Knaresborough is an attractive and affluent market town situated close to Harrogate and the city of York. The property is prominently positioned on the south side of High Street (A59), some 250 metres from Knaresborough railway station. Neighbouring occupiers include Barclays, Boots, Betfred, M&Co and Tesco Express.

Tenure

Freehold.

Description

The property comprises ground floor retail accommodation with ancillary accommodation on the first floor and second floors.

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

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReversion
Ground
First
Second
Retail
Ancillary
Ancillary
184.5 sq m
34.7 sq m
35.8 sq m
(1986 sq ft)
(374 sq ft)
(385 sq ft)
SUPERDRUG
STORES PLC (1)
5 years from
11/09/2016 on a full
repairing and
insuring lease
£27,50010/09/2021
Total
255 sq m
(2,745 sq ft)
  £27,500 

(1) For the year ending 31st December 2016, Superdrug Stores Plc reported a turnover of £1,213,600,000, pre-tax profits of £80,385,000 and a total net worth of £86,291,000 (Source: Experian Group 27/4/2018).

Property Documents

  • Site Plan
    Updated Date
    02.05.18
    File Size
    2 MB
    View PDF
  • Catalogue Page
    Updated Date
    02.05.18
    File Size
    1 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.01.19
    File Size
    143 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Billy StruthBilly Struth +44(0)20 7034 4854billy.struth@acuitus.co.uk
Seller's Solicitors
Axiom Stone DVS House 4 Spring Villa Road
Edgware
Middlesex
HA8 7EB
Jaymini Ghelani 02089 516 984jg@axiomstone.co.uk

Useful Links

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