Neighbouring occupiers include Karen Millen, Hobbs, Browns Department Store and adjacent to Debenhams
Lot 15
Auction 10th July 2012
Rent £183,000 per Annum Exclusive
Status Sold
Price £2,600,000
Sector Bank
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
On behalf of Martin Ellis and John Montague as Joint Receivers
Property Information
Location
Miles
23 miles north-east of Leeds 55 miles north-east of Manchester
Roads
A1(M), A59, A64, M1, M18, M62
Rail
York Rail
Air
Leeds Bradford International Airport, Humberside Airport
Situation
The popular University City of York is the regional and retailing hub of North Yorkshire. The historic city, dominated by York Minster, is a major tourist attraction and home to global confectionary manufacturers such as Kraft Jacob Suchard and Nestle. The property is prominently situated in a prime pedestrianised retailing position on the south side of Davygate, one of the citys prime retailing thoroughfares. Neighbouring occupiers include Karen Millen, Hobbs, Browns Department Store and next to Debenhams.
Tenure
Freehold.
Location
Miles
23 miles north-east of Leeds 55 miles north-east of Manchester
Roads
A1(M), A59, A64, M1, M18, M62
Rail
York Rail
Air
Leeds Bradford International Airport, Humberside Airport
Situation
The popular University City of York is the regional and retailing hub of North Yorkshire. The historic city, dominated by York Minster, is a major tourist attraction and home to global confectionary manufacturers such as Kraft Jacob Suchard and Nestle. The property is prominently situated in a prime pedestrianised retailing position on the south side of Davygate, one of the citys prime retailing thoroughfares. Neighbouring occupiers include Karen Millen, Hobbs, Browns Department Store and next to Debenhams.
Tenure
Freehold.
Description
The property comprises retail/banking hall accommodation on the ground, with office accommodation on the second floor and in the basement. The property benefits from a lift which serves all floors.
Note
A small part of the property (shown in blue on the plan above) is held for a term of 99 years from 25th December 1970 at a current rent of £907.20 per annum exclusive.
This property is being marketed for sale on behalf of Joint Receivers and therefore no warranties or guarantees in any respect, including as to VAT status, can be given. The Joint Receivers are not bound to accept the highest or any offer and are acting without personal liability.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises retail/banking hall accommodation on the ground, with office accommodation on the second floor and in the basement. The property benefits from a lift which serves all floors.
Note
A small part of the property (shown in blue on the plan above) is held for a term of 99 years from 25th December 1970 at a current rent of £907.20 per annum exclusive.
This property is being marketed for sale on behalf of Joint Receivers and therefore no warranties or guarantees in any respect, including as to VAT status, can be given. The Joint Receivers are not bound to accept the highest or any offer and are acting without personal liability.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
20 years from 27/05/2005 until 26/05/2025 on a full reparing and insuring lease
£183,000
2015, 2020
Totals
493.60 sq m
(5,312 sq ft)
£183,000
(1) For the year ending 31st December 2011, Bank of Scotland plc reported a total net worth of £17,943,000,000 and a working capital of£35,618,000,000. (Source: www.riskdisk.co.uk 12/06/2012)
