Location Estimated Resident Population: 137,000 Miles: 21 miles east of Harrogate 25 miles north-east of Leeds
Roads: A1(M), A19, M1, M62
Position The property is located on the north side of York Road, in Acomb, a popular residential and retail suburb about 3 miles west of the City of York.
Nearby: Boots the Chemist, HSBC and Lloyds TSB banks, Bathstore and Savers
Present Accommodation (approximate areas) (1) Floor Accommodation
Net Internal Areas Ground Sales/Ancillary Ground Sales/Ancillary Ground Sales/Ancillary 42.26 sq m 38.08 sq m 28.79 sq m Tenant
Ground Sales/Ancillary 104.04 sq m (1,120 sq ft) SM, MJ & J EATON (Acomb Pets)
(455 sq ft) M CARTER (Mobility Shop)
(410 sq ft) F CRAWLEY (Hair Salon)
(310 sq ft) D OVERTON (Sandwich Shop)
Ground Sales/Ancillary 221.56 sq m (2,385 sq ft) ST LEONARD’S HOSPICE YORK
Ground Convenience Store/Ancillary
Ground Sales/Ancillary Ground Sales/Ancillary Ground Garage First Offices First First
Upper Floors
Dance Studio Flat Boxing Club
274.51 sq m (2,955 sq ft) YORKSHIRE CO-OPERATIVES LIMITED (Co-Operative Supermarket)
37.62 sq m 30.65 sq m – 37.16 sq m
(405 sq ft) OAKGATE (RETAIL) LIMITED
(330 sq ft) J A GRICE (Tanning Salon)
(–)
YORKSHIRE CO-OPERATIVES LIMITED
(400 sq ft) TRUSTEES OF HARROGATE AND CRAVEN CROSSROADS
122.16 sq m (1,315 sq ft) M CLAREY – (–) AN INDIVIDUAL 524.88 sq m (5,650 sq ft) HWHARTON
Total Commercial Area 1,461.71 sq m (15,735 sq ft) (1) Areas provided by the Vendor.
Description CONVENIENCE STORE and SEVEN RETAIL UNITS arranged on the ground floor together with SELF- CONTAINED OFFICES, a DANCE STUDIO, a BOXING CLUB and a FLAT arranged on the first and upper floors. There are also 15 car parking spaces to the front and side of the building as well as a separate GARAGE to the rear.
Tenure Freehold.
VAT is applicable to this lot – please see Special Conditions of Sale.
Term 5 years from 24th June 2009 3 years from 17th December 2009
Approximately 2.5 years from 25th December 2011, expiring 24th June 2014
3 years from 1st December 2010
10 years from 1st January 2009 with a rent review in 2014 and tenant break option in 2013
15 years from 1st October 2000
Rent £ p.a. £12,000
£6,000 £6,500 £7,000 £23,250 £27,900 Rent
Approximately 3.25 years from completion (expiring 30th September 2015)
5 years from 21st December 2007 Licence from 11th March 2002
Holding over since 30th October 2007
10 years from 1st October 2011 with a rent review in 2016
Assured Shorthold Tenancy from 14th February 2009 (Holding over) at £475 p.c.m.
9 years from 18th November 2011 with rent reviews and tenant break options in 2014 and 2017
Total Rent £5,200 £5,250 £900 £3,750 £8,750 £5,700 £25,000 £137,200 £137,200 pa
Substantial Freehold Mixed Use Investment
• Tenants include a Co-Operative Supermarket and St Leonard’s Hospice
• Island block comprising 8 retail units, offices, dance studio, boxing club, flat and garage
• Future redevelopment potential (subject to leases and consents)
• 6Week Completion Available
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 McCormicks Solicitors. t: 01423 530630. e:
h.roberts@
mccormicks-solicitors.com Ref: Ms H Roberts.
43 For identification purposes only – please see title documentation.
Extract reproduced from the Ordnance Survey mapping with the permission of The Controller of Her Majesty’s Stationery Office © Crown copyright ES 755990
LOT 30
REGENT BUILDINGS
YORK ROAD
GARAGE
TANNING SALON
POST OFFICE
CO-OPERATIVE SUPERMARKET
ST LEONARDS HOSPICE
MOBILITY SHOP HAIR SALON
SANDWICH SHOP
ACOMB PETS
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