7 Grampian Way Shopping Centre Grampian Way Bransholme Kingston-Upon-Hull, HU7 5BJ

7 Grampian Way Shopping Centre
Grampian Way
Bransholme
Kingston-Upon-Hull,
HU7 5BJ

  • 7 Grampian Way Shopping Centre<br>Grampian Way<br>Bransholme<br>Kingston-Upon-Hull,<br>HU7 5BJ

Leasehold Retail Investment

  • Let to Coopland & Son (Scarborough) Limited
  • Forms part of an established and busy shopping precinct
  • Nearby occupiers include Heron Foods and Lloyds Pharmacy
  • Lot
    31
  • Auction
    18/May/2022
  • Rent
    Gross: £6,120 per Annum Exclusive
  • Status
    Available
  • Price*
    £50,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
4 miles north of Hull City Centre
Roads
A1033, A63, M62, M180
Rail
Cottingham Train Station
Air
Humberside Airport
Situation

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.

Tenure

Leasehold. Held for a term of years expiring on 21/10/2110 at a peppercorn rent.

Location
Miles
4 miles north of Hull City Centre
Roads
A1033, A63, M62, M180
Rail
Cottingham Train Station
Air
Humberside Airport
Situation

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.

Tenure

Leasehold. Held for a term of years expiring on 21/10/2110 at a peppercorn rent.

Description

The property comprises a ground floor bakery with ancillary accommodation. The area benefits from a free public car park servicing the precinct.

VAT

VAT is applicable to this lot.

Note

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.

Completion Period

6 week completion.

EPC

See legal pack.

Description

The property comprises a ground floor bakery with ancillary accommodation. The area benefits from a free public car park servicing the precinct.

VAT

VAT is applicable to this lot.

Note

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.

Completion Period

6 week completion.

EPC

See legal pack.

Tenancy & Accommodation

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 £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    10.05.22
    File Size
    12 MB
    Login to View
  • Brochure
    Updated Date
    03.05.22
    File Size
    4 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Edward MartinEdward Martin +44 (0)20 7034 4854 +44 (0)7478 673 535edward.martin@acuitus.co.uk
Seller's Solicitors
Structadene Group 3rd Floor, 9 White Lion Street
London
N1 9PD
James Thomson +44 (0)20 7843 9196james.t@pearl-coutts.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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