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Leasehold Retail Investment
Leasehold Retail Investment
Grampian Shopping Centre is in North Bransholme, on the northern outskirts of the City of Hull, some four miles from the City Centre. The property is located within the purpose built neighborhood shopping complex located on the corner of Lothian Way / Grampian Way, serving a large housing estate, with a Community Centre, Medical Centre and School nearby. Nearby occupiers include Heron Foods and Lloyds Pharmacy.
Leasehold. Held for a term of years expiring on 21/10/2110 at a peppercorn rent.
Grampian Shopping Centre is in North Bransholme, on the northern outskirts of the City of Hull, some four miles from the City Centre. The property is located within the purpose built neighborhood shopping complex located on the corner of Lothian Way / Grampian Way, serving a large housing estate, with a Community Centre, Medical Centre and School nearby. Nearby occupiers include Heron Foods and Lloyds Pharmacy.
Leasehold. Held for a term of years expiring on 21/10/2110 at a peppercorn rent.
The property comprises a ground floor bakery with ancillary accommodation. The area benefits from a free public car park servicing the precinct.
VAT is applicable to this lot.
Please note the buyer will pay 1.5% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.
6 week completion.
See legal pack.
The property comprises a ground floor bakery with ancillary accommodation. The area benefits from a free public car park servicing the precinct.
VAT is applicable to this lot.
Please note the buyer will pay 1.5% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.
6 week completion.
See legal pack.
| Floor | Use | Floor Areas Approx sq m |
Floor Areas Approx sq ft |
Tenant | Term | Rent p.a.x. |
|---|---|---|---|---|---|---|
| Ground | Retail/Ancillary | 71.72 sq m |
(772 sq ft) |
COOPLAND & SON (SCARBOROUGH) LIMITED (t/a Cooplands) |
5 years from 30/03/2018 until 29/03/2023 | £6,120 |
| Total | 71.72 sq m |
(772 sq ft) |
£6,120 |
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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