Location Estimated Resident Population: 28,000 Miles: 16 miles south-east of Leeds Roads: A1(M), A162, A639, M62
Licence No. PU1000017316 from Experian Goad, Hatfield Herts. For identification purposes only – please see title documentation.
Extract reproduced from 1998 Edition of the Goad Plan Rent £50,000 pa
Prime Freehold Retail Investment • Let to Telefonica UK Limited
• Lease expires June 2020 (subject to option)
• Large shop approximately 5,775 sq ft
• Prime trading location close toMarks & Spencer Simply Food
• VAT- free investment and 30 Working Day Completion available
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Position The property is located in a prime trading location on the pedestrianised Market Place, the town’s principal retailing thoroughfare, close to its junction with Beastfair, in the heart of the town centre.
Nearby: Marks & Spencer Simply Food, Boots the Chemist,WH Smith, Greggs, New Look and Peacocks
Description LARGE SHOP arranged on the ground, first and second floors.
Present Accommodation (approximate areas) Floor
Accommodation
Ground First Second
Sales/Loading/Warehouse Ancillary Ancillary
Total Commercial Area Net Internal Areas
226.21 sq m 289.39 sq m 20.90 sq m
536.50 sq m
(2,435 sq ft) (3,115 sq ft) (225 sq ft)
(5,775 sq ft) (1) Telefonica UK Limited is a telecommunications, internet and financial services provider in the UK. It is the second largest mobile telecommunications provider
and trades as O2. For the year to 12/09, Telefonica UK Limited reported a turnover of £5.7 billion, pre-tax profits of £824 million and a net worth of £8.4 billion (Source: Company website and www.riskdisk.com). The tenant is not currently in occupation of the property.
(2) The lease is subject to a tenant only break option in June 2015 – please see legal documentation.
Tenure Freehold.
Tenant TELEFONICA UK LIMITED (1)
Lease Term: 15 years from 7th June 2005 Basis: FRI Rent: £50,000 per annum Review: 2015 Expiry: June 2020 (2)
VAT is not applicable to this lot.
The Special Conditions of Sale and a legal pack are available from the Seller’s Solicitors and are available online at www.cbre.co.uk/auctions. Seller’s Solicitor Freeth Cartwright LLP. t: 0115 936 9369. e: mark.gradwell@freethcartwright.co.uk Ref:MGradwell Esq.