Entirely Let to Yorkshire Building Society on an extended lease until January 2028 (subject to option)
Attractive 3 storey building
Prime position on pedestrianised retail thoroughfare
Close to Carlton Lanes Shopping Centre
Nearby occupiers include Co-operative Food, Halifax, Lloyds Bank, HSBC, Greggs and Papa Johns
Lot 37
Auction 2nd November 2023
Rent £23,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector Bank
Auction Venue Live Streamed Auction
Property Information
Location
Miles
11 miles south-east of Leeds city centre, 34 miles north of Sheffield city centre
Roads
M62, A1 (M), A63
Rail
Castleford Station
Air
Leeds Bradford Airport
Situation
Castleford is a historic market town some 11 miles south of Leeds city centre. The property is located on the southern side of Carlton Street, the town’s prime pedestrianised retail thoroughfare. Castleford Market Hall, home to more than 80 traders, is located immediately adjacent with an outdoor market on Carlton Street also trading four days a week. Carlton Lanes Shopping Centre is also located nearby and houses retailers including JD Sports, Iceland, New Look and Warren James . Other nearby occupiers include Co-operative Food, Halifax, Lloyds Bank, HSBC, Greggs and Papa Johns.
Tenure
Freehold.
Location
Miles
11 miles south-east of Leeds city centre, 34 miles north of Sheffield city centre
Roads
M62, A1 (M), A63
Rail
Castleford Station
Air
Leeds Bradford Airport
Situation
Castleford is a historic market town some 11 miles south of Leeds city centre. The property is located on the southern side of Carlton Street, the town’s prime pedestrianised retail thoroughfare. Castleford Market Hall, home to more than 80 traders, is located immediately adjacent with an outdoor market on Carlton Street also trading four days a week. Carlton Lanes Shopping Centre is also located nearby and houses retailers including JD Sports, Iceland, New Look and Warren James . Other nearby occupiers include Co-operative Food, Halifax, Lloyds Bank, HSBC, Greggs and Papa Johns.
Tenure
Freehold.
Description
The property comprises an attractive 3 storey building arranged with a banking hall on the ground floor together with ancillary accommodation on the first and second floors. The upper floors may be suitable for change of use subject to obtaining vacant possession and the necessary consents.
VAT
VAT is not applicable to this lot.
Completion Period
Six week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises an attractive 3 storey building arranged with a banking hall on the ground floor together with ancillary accommodation on the first and second floors. The upper floors may be suitable for change of use subject to obtaining vacant possession and the necessary consents.
VAT
VAT is not applicable to this lot.
Completion Period
Six week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Ground First Second
Banking Hall Ancillary Ancillary
135.50 45.30 35.90
(1,458) (468) (386)
YORKSHIRE BUILDING SOCIETY (1)
5 years from 06/01/2023 (2)
£23,000
Total Approximate Floor Area
216.70
(2,312) (3)
£23,000
(1) Yorkshire Building Society is one of the UK's largest and most successful building societies with over 250 branches and local agencies across the whole country, with assets worth over £42 billion (www.ybs.co.uk) (2) The lease provides for a tenant option to determine the lease on 06/01/2026. (3) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
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.
