Freehold Retail Investment
Freehold Retail Investment
The property is located in a predominantly residential suburb 2 miles north-west of Bradford City Centre, close to Bradford Royal Infirmary Hospital. The property is located on Duckworth Lane, close to its junction with Back Girlington Road, and forms part of a local shopping parade
where occupiers close by include Paddy Power, Oxfam and Co-op.
Freehold.
The property is located in a predominantly residential suburb 2 miles north-west of Bradford City Centre, close to Bradford Royal Infirmary Hospital. The property is located on Duckworth Lane, close to its junction with Back Girlington Road, and forms part of a local shopping parade
where occupiers close by include Paddy Power, Oxfam and Co-op.
Freehold.
The property comprises a ground floor shop with ancillary accommodation above.
VAT is not applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a ground floor shop with ancillary accommodation above.
VAT is not applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) |
Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground First |
Retail Ancillary |
57 sq m 47 sq m |
(613 sq ft) (506 sq ft) |
CAKE BOX DUCKWORTH LIMITED t/a Cake Box (1) with personal guarantee |
15 years from 26/03/2018 until 25/03/2033 |
£10,000 (2) | 26/03/2023 & 5 yearly |
| Total |
104 sq m |
(1,119 sq ft) |
£10,000 | ||||
(1) “In 2008 we opened our very first Eggfree Cake Box store, and now 10 years later we are pleased to announce that we our opening our 80th branch. In past years, we have opened stores all across the nation, and we plan to open another 30 stores in the next twelve months. Our aim is to have at least one Eggfree Cake Box branch in every major town across the UK.” (Source : www.eggfreecake.co.uk).
(2) There is a three month rent free period for which the vendor will top up the rent, so the buyer effectively receives £10,000 per annum from completion.
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