Comprising 7,664 sq ft of modern office accommodation
7 miles to A1(M) and 6 miles to A19
On-site car parking for 35 cars
Located adjacent to Yorkshire County Council with Toyota, BT and Allerton Steel nearby
Lot 40
Auction 14th February 2019
Rent £88,348 per Annum Exclusive
Status Withdrawn Post
Price
Sector Office
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
25 miles north of Harrogate, 31 miles north-west of York
Roads
A19, A167, A684, A1(M) (Junction 51)
Rail
Northallerton Railway Station
Air
Leeds Bradford Airport
Situation
Northallerton, the county town of North Yorkshire, is 25 miles north of Harrogate and lies between the North Yorkshire Moors and Yorkshire Dales. The property is located on the established Northallerton Business Park, which lies to the east of Darlington Road (A167) and is accessed via Thurston Road. The property benefits from good road communications, approximately 7 miles east of the A1(M) motorway and 6 miles west of the A19. Other nearby occupiers include Gale & Phillipson, Toyota, BT, British Red Cross, North Yorkshire Fire & Rescue HQ and Allerton Steel.
Tenure
Freehold.
Location
Miles
25 miles north of Harrogate, 31 miles north-west of York
Roads
A19, A167, A684, A1(M) (Junction 51)
Rail
Northallerton Railway Station
Air
Leeds Bradford Airport
Situation
Northallerton, the county town of North Yorkshire, is 25 miles north of Harrogate and lies between the North Yorkshire Moors and Yorkshire Dales. The property is located on the established Northallerton Business Park, which lies to the east of Darlington Road (A167) and is accessed via Thurston Road. The property benefits from good road communications, approximately 7 miles east of the A1(M) motorway and 6 miles west of the A19. Other nearby occupiers include Gale & Phillipson, Toyota, BT, British Red Cross, North Yorkshire Fire & Rescue HQ and Allerton Steel.
Tenure
Freehold.
Description
The property comprises a modern detached office building providing office accommodation over ground and first floors. The property benefits from dedicated on-site parking for approximately 35 cars.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band 'C'. Please see legal pack at acuitus.co.uk.
Description
The property comprises a modern detached office building providing office accommodation over ground and first floors. The property benefits from dedicated on-site parking for approximately 35 cars.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band 'C'. Please see legal pack at acuitus.co.uk.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review (Reversion)
Ground
Offices/Ancillary
356 sq m
(3,832 sq ft)
NHS PROPERTY SERVICES LIMITED (1)
5 years from 25/08/2016 (2)
£42,995
(25/08/2021) (2)
First
Offices/Ancillary
356 sq m
(3,832 sq ft)
NHS PROPERTY SERVICES LIMITED (1)
10 years from 25/08/2016 (3)
£45,353
25/08/2021
Total
712 sq m
(7,664 sq ft)
£88,348
(1) For the year ending 31st March 2018, NHS Property Services Limited reported a turnover of £780,541,000, a pre-tax loss of £-31,048,000 and a total net worth of £3,674,454,000 (Source: Experian Group 14/01/2019). The property has been sublet to NHS Foundation Trusts .The NHS has been in occupation since March 2006. (2) The lease provides a rolling tenant option to determine subject to nine months’ written notice. (3) The lease provides for tenant options to determine on 25th August 2021 and 25th August 2023, both subject to six months’ written notice.
