Site area of 0.47 acres and an approximate site coverage of 49%
Excellent road connections located half a mile to J31 of M62
Established commercial area with nearby occupiers including Howdens, Imexpart, Toolstation, DHL, Booker Wholesale, Argos and Premier Inn
First time on the market for nearly 20 years
Lot 10
Auction 4th April 2019
Rent £44,000 per Annum Exclusive
Status Sold
Price £780,000
Sector Industrial/Warehouse
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
12 miles south-east of Leeds
30 miles south-west of York
Roads
A1(M), A655, M62 (J31)
Rail
Castleford
Air
Leeds Bradford Airport
Situation
The property is situated to the south-west of Castleford town centre, on Willowbridge Way off Whitwood Common Lane. The property benefits from fantastic road connections being just half a mile to Junction 31 of the M62, which leads to the A1(M) to the east, giving access to both the north and south. The surrounding area is predominantly commercial, with nearby occupiers including Howdens, Imexpart, Toolstation, DHL, Booker Wholesale, Argos and Premier Inn.
Tenure
Virtual Freehold. Virtual Freehold, for a term of 999 years from 14th January 1998 at a peppercorn rent.
Location
Miles
12 miles south-east of Leeds
30 miles south-west of York
Roads
A1(M), A655, M62 (J31)
Rail
Castleford
Air
Leeds Bradford Airport
Situation
The property is situated to the south-west of Castleford town centre, on Willowbridge Way off Whitwood Common Lane. The property benefits from fantastic road connections being just half a mile to Junction 31 of the M62, which leads to the A1(M) to the east, giving access to both the north and south. The surrounding area is predominantly commercial, with nearby occupiers including Howdens, Imexpart, Toolstation, DHL, Booker Wholesale, Argos and Premier Inn.
Tenure
Virtual Freehold. Virtual Freehold, for a term of 999 years from 14th January 1998 at a peppercorn rent.
Description
The property comprises a double-fronted, single storey workshop with approximately 20 marked car parking spaces to the front. The site extends over 0.47 acres with an approximate site coverage of 49%.
VAT
VAT is applicable to this lot.
EPC
Band C
Description
The property comprises a double-fronted, single storey workshop with approximately 20 marked car parking spaces to the front. The site extends over 0.47 acres with an approximate site coverage of 49%.
VAT
VAT is applicable to this lot.
EPC
Band C
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Ground
Workshop
780.00 sq m
(8,396 sq ft)
ATS EUROMASTER LIMITED (1)
10 years from 25/03/2010 until 24/03/2020 (2) on a full repairing and insuring lease
£44,000
Total
780.00 sq m
(8,396 sq ft)
£44,000
(1) For the year ending 31st December 2017, ATS Euromaster Limited reported a turnover of £271,305,000 and a total net worth of £69,260,000 (Source: Experian Group 05/03/2019). ATS Euromaster was established in 1965 and operates from more than 355 fast-fit centres across the UK (Source: www.atseuromaster.co.uk). (2) The tenant is not currently in occupation and has recently requested to surrender the lease and take a new lease with a subsidiary company, Tructyre.
