Benefits from self-contained office accommodation on upper floors
Prominent position on prime pedestrianised retail thoroughfare
Located approximately 150 metres from Princes Quay Shopping Centre
Nearby occupiers include Marks & Spencer, New Look, W H Smith, Boots and Greggs
Six Week Completion Period Available
Lot 58
Auction 18th October 2011
Rent £67,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector High Street Retail
Auction Venue Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
38 miles south-east of York, 58 miles east of Leeds
Roads
A63, A1079
Rail
Hull Railway Station
Air
Doncaster/Sheffield Robin Hood Airport
Situation
The property is situated in a prominent position on the northern side of Whitefriargate, one of Hull's prime pedestrianised retail thoroughfares, some 150 metres from Princes Quay Shopping Centre. Other nearby occupiers include Marks & Spencer, New Look, W H Smith, Boots and Greggs.
Tenure
Freehold.
Location
Miles
38 miles south-east of York, 58 miles east of Leeds
Roads
A63, A1079
Rail
Hull Railway Station
Air
Doncaster/Sheffield Robin Hood Airport
Situation
The property is situated in a prominent position on the northern side of Whitefriargate, one of Hull's prime pedestrianised retail thoroughfares, some 150 metres from Princes Quay Shopping Centre. Other nearby occupiers include Marks & Spencer, New Look, W H Smith, Boots and Greggs.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit with ancillary on part first floor, with self-contained offices on part first, second and third floors accessed via Whitefriargate.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit with ancillary on part first floor, with self-contained offices on part first, second and third floors accessed via Whitefriargate.
VAT
VAT is applicable to this lot.
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
Reviews
Ground Part First
Retail/Ancillary Ancillary
184.32 sq m 44.69 sq m
(1,984 sq ft) (481 sq ft)
BLUE BANANA RETAIL LTD (1)
15 years from 15/07/2011 until 14/07/2026 on a full repairing and insuring lease
£67,000
15/07/2016 and 15/07/2021
Part First
Office
95.50 sq m
(1,028 sq ft)
VACANT POSSESSION
Second
Office
134.99 sq m
(1,453 sq ft)
VACANT POSSESSION
Third
Office
131.74 sq m
(1,418 sq ft)
VACANT POSSESSION
Totals
591.24 sq m
(6,364 sq ft)
£67,000
(1) Founded in 1997, Blue Banana sells a range of jewellery, clothing and novelty gifts from their 15 stores throughout the UK as well as through their online store. (Source: www.bluebanana.com 13/09/2011)
