Occupiers nearby include Primark, Marks & Spencer, Greggs, Costa Coffee and Subway
Lot 57
Auction 11th July 2019
Rent £35,000 per Annum Exclusive
Status Sold
Price £240,000
Sector High Street Retail
Auction Venue The Montcalm Hotel 2 Wallenberg Place London W1H 7TN
Property Information
Location
Miles
21 miles north-east of Sheffield
33 miles south of Leeds
40 miles east of Manchester
Roads
A1(M), M18
Rail
Doncaster Rail
Air
Leeds Bradford International Airport
Humberside Airport
Situation
Doncaster is a popular South Yorkshire commercial centre known for its racecourse and benefits from excellent road communications via the A1(M) and M18 motorways.
The property ocupies a prominent position on the pedestrianised Baxter Gate, between High Street and Market Place*. More than £3 million of Sheffield City Region SCRIF funding has been secured to revamp the award winning Market Place. The aim is to transform the market area into a vibrant and bustling location all week long and into the evenings. Further details can be found at: www.doncaster.gove.uk/services/planning/marketdevelopment The property is located on Baxter Gate, close to its junction with Market Place, 400 metres from Doncaster railway station and 150 metres from Frenchgate Shopping Centre. Occupiers nearby include Primark, Marks & Spencer, Costa Coffee, Subway, BHF, Carphone Warehouse and Greggs.
Tenure
Freehold. Held on Two Freehold Titles
Location
Miles
21 miles north-east of Sheffield
33 miles south of Leeds
40 miles east of Manchester
Roads
A1(M), M18
Rail
Doncaster Rail
Air
Leeds Bradford International Airport
Humberside Airport
Situation
Doncaster is a popular South Yorkshire commercial centre known for its racecourse and benefits from excellent road communications via the A1(M) and M18 motorways.
The property ocupies a prominent position on the pedestrianised Baxter Gate, between High Street and Market Place*. More than £3 million of Sheffield City Region SCRIF funding has been secured to revamp the award winning Market Place. The aim is to transform the market area into a vibrant and bustling location all week long and into the evenings. Further details can be found at: www.doncaster.gove.uk/services/planning/marketdevelopment The property is located on Baxter Gate, close to its junction with Market Place, 400 metres from Doncaster railway station and 150 metres from Frenchgate Shopping Centre. Occupiers nearby include Primark, Marks & Spencer, Costa Coffee, Subway, BHF, Carphone Warehouse and Greggs.
Tenure
Freehold. Held on Two Freehold Titles
Description
The property comprises two separate shops both arranged over ground, first and second floors. The ground floors comprise sales with ancillary/staff accommodation above.
VAT
VAT is applicable to this lot.
EPC
Band C & Band D - see legal pack at www.acuitus.co.uk
Description
The property comprises two separate shops both arranged over ground, first and second floors. The ground floors comprise sales with ancillary/staff accommodation above.
VAT
VAT is applicable to this lot.
EPC
Band C & Band D - see legal pack at www.acuitus.co.uk
Tenancy & Accommodation
Unit No
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
26/26a Baxter Gate
Ground First Second
Retail Ancillary Ancillary
221 sq m 40 sq m 12 sq m
(2,378 sq ft) (431 sq ft) (129 sq ft)
VACANT
-
27/28 Baxter Gate
Ground First Second
Retail Ancillary Ancillary
85 sq m 53 sq m 42 sq m
(915 sq ft) (570 sq ft) (452 sq ft)
THE BODY SHOP INTERNATIONAL LIMITED (1)
5 years from 1/09/2014 on a full repairing and insuring lease
£35,000
31/082019
Total
453 sq m
(4,875 sq ft)
£35,000
(1) For the year ended 31st December 2018, The Body Shop International Limited reported a turnover of £806,000,000, pre-tax profits of £20,000,000 and a net worth of £187,000,000 (Source: Experian 14/06/2019).
Contacts
Seller's Solicitors
Mayer Brown Solicitors 201 Bishopsgate London EC2M 3AF