Nearby occupiers include Boots the Chemist, Asda, Greggs, Costa, Iceland and HSBC
Very close to Goole Railway Station
Lot 8
Auction 11th July 2018
Rent
Status Sold
Price £905,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
19 miles south-east of York
27 miles south-east of Leeds
Roads
M18, M62
Rail
Goole Railway Station
Air
Leeds Bradford Airport
Situation
The property occupies a prominent location on the southern side of Wesley Square Shopping Centre, which is accessed via Vermuyden Way. Other retailers in Wesley Square Shopping Centre include Boots the Chemist, Greggs and HSBC, with other nearby occupiers including Asda, Costa, Iceland, Superdrug and branches of NatWest and Barclays banks. Tesco and Morrisons are a short walk away. Wesley Square Shopping Centre provides car parking for approximately 110 cars.
Tenure
Freehold.
Location
Miles
19 miles south-east of York
27 miles south-east of Leeds
Roads
M18, M62
Rail
Goole Railway Station
Air
Leeds Bradford Airport
Situation
The property occupies a prominent location on the southern side of Wesley Square Shopping Centre, which is accessed via Vermuyden Way. Other retailers in Wesley Square Shopping Centre include Boots the Chemist, Greggs and HSBC, with other nearby occupiers including Asda, Costa, Iceland, Superdrug and branches of NatWest and Barclays banks. Tesco and Morrisons are a short walk away. Wesley Square Shopping Centre provides car parking for approximately 110 cars.
Tenure
Freehold.
Description
The property comprises a well configured modern ground floor shop with ancillary accommodation on the first floor.
VAT
VAT is applicable to this lot.
Completion Period
Seven week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a well configured modern ground floor shop with ancillary accommodation on the first floor.
VAT
VAT is applicable to this lot.
Completion Period
Seven 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
Review
Ground First
Retail/Ancillary Ancillary
481.33 sq m 187.20 sq m
(5,181 sq ft) (2,015 sq ft)
PEACOCKS STORES LIMITED (1)
10 years from 30/05/2018 until 29/05/2028 (2) on a full repairing and insuring lease
£70,000
30/05/2023
Total
668.53 sq m
(7,196 sq ft)
£70,000
(1) For the year ending 25th February 2017, Peacocks Stores Limited reported a turnover of £382,318,000, pre-tax profits of £65,019,000 and a total net worth of £192,792,000 (Source: Experian Group 08/06/2018). (2) The lease provides for a tenant option to determine on the fifth anniversary of the commencement of the term.