87 Carlton Street Castleford West Yorkshire WF10 1BP

87 Carlton Street
Castleford
West Yorkshire
WF10 1BP

Freehold Retail Investment

Entirely let to Northern Electric Properties Limited, on assignment from Yorkshire Electricity Group plc
Prominent corner position on prime pedestrianised retail thoroughfare
Nearby occupiers include Superdrug, Barclays Bank and HSBC

Lot
55
Auction
8th July 2010
Rent
£50,000 per Annum
Status
Withdrawn Post
Price
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
Mayfair
London W1K 2HP

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Freehold Retail Investment

Entirely let to Northern Electric Properties Limited, on assignment from Yorkshire Electricity Group plc
Prominent corner position on prime pedestrianised retail thoroughfare
Nearby occupiers include Superdrug, Barclays Bank and HSBC

Lot 55
Auction 8th July 2010
Rent £50,000 per Annum
Status Withdrawn Post
Price
Sector
High Street Retail
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
Mayfair
London W1K 2HP

Property Information

Location

Miles: 9 miles north-east of Wakefield; 14 miles south-east of Leeds; 23 miles south-west of York
Roads: A1, M1, M62 (Junctions 31 and 32)
Rail: Castleford Railway Station
Air: Leeds Bradford International Airport

Situation

The property is situated in a prominent corner location on the south side of Carlton Street, Castleford's main pedestrianised retailing thoroughfare, at its junction with Bank Street. Nearby occupiers include Superdrug, Barclays Bank and HSBC

Tenure

Freehold.

Location

Miles: 9 miles north-east of Wakefield; 14 miles south-east of Leeds; 23 miles south-west of York
Roads: A1, M1, M62 (Junctions 31 and 32)
Rail: Castleford Railway Station
Air: Leeds Bradford International Airport

Situation

Tenure

Freehold.

Description

The property is a SUBSTANTIAL CORNER BUILDING comprising a GROUND FLOOR RETAIL UNIT with OFFICES AND STAFF ACCOMMODATION on the first floor and ANCILLARY ACCOMMODATION on the second floors.

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 is a SUBSTANTIAL CORNER BUILDING comprising a GROUND FLOOR RETAIL UNIT with OFFICES AND STAFF ACCOMMODATION on the first floor and ANCILLARY ACCOMMODATION on the second floors.

VAT

VAT is not 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	Reversion
Ground First Second	Retail Office/Staff Accommodation Ancillary	193.9 sq m 156.7 sq m 59.6 sq m	(2,081 sq ft) (1,687 sq ft) (641 sq ft)	NORTHERN ELECTRIC PROPERTIES LIMITED (On assignment from Yorkshire Electricity Group plc) (1)(2)	25 years from 30/12/1987 on a full repairing and insuring lease	£50,000	2012
Totals		410.2 sq m	(4.409 sq ft)			£50,000

(1)For the year ending 31st December 2009, Yorkshire Electricity Group Ltd reported a turnover of 400,000, pre-tax profits of 48,200,000 and a net worth of 338,000,000. (Source: www.riskdisk.com 03/06/2010) (2)For the year ending 31st December 2009, Northern Electric Properties Limited reported a turnover of 1,403,000, pre-tax profits of 2,375,000 and a total net worth of 33,731,000. (Source: www.riskdisk.com 09/06/2010)