Withdrawn | Lot 11

Unit 1 Grampian Shopping Centre, North Bransholme, Hull, East Yorkshire, HU7 5BZ

Withdrawn

  • Takeaway
  • Tenure: Long leasehold. 92 years remaining at a peppercorn rent.

Call the team on 0845 400 9900 for more information

Auction Date

Wed 07/02/2018

Auction Time

6.30pm

Auction Venue

Unknown

A MODERN RETAIL INVESTMENT PRODUCING £15,000pa INCOME.

***STILL AVAILABLE CONTACT US FOR FURTHER DETAILS*** This retail investment property comprises a sales unit within a modern purpose built neighbourhood shopping complex serving a large housing estate. The premises have traded as a hot food takeaway for many years. Operators in the block include Heron Foods, Ladbrookes, Lloyds Pharmacy and Couplands bakery as well as other food outlets and a supermarket. The property is let on a lease until July 2031 at a current rental of £15,000 per annum (5 yearly reviews), the tenant having an option to renew the lease until 2045.

Tenure

Long leasehold. 92 years remaining at a peppercorn rent.

Situation

Grampian shopping centre is in North Bransholme, on the northern outskirts of the city of Hull, some 4 miles from the centre. It is surrounded by a large area of housing, and a customers car park is provided for the complex.

Accommodation

Retail Area Approx 540 sq ft / 50 sq m Preparation/Kitchen Approx 300 sq ft / 28 sq m Preparation/Store Approx 295 sq ft / 27 sq m Loading area/Store with freezer 2 WC's

Viewing

Strictly by appointment with the Auction House office 01482 866844

VAT

The property is registered for VAT therefore VAT applies to the purchase price.

Joint Agent

Dee Atkinson & Harrison 11 Market Place Beverley HU17 8BB Tel: 01482 866844

Energy Efficiency Rating (EPC)

Current Rating TBC

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Hull City Council

Solicitors

Graham & Rosen, 8 Parliament Street, Hull, HU1 2BB, Ref: Birgul Onay, Tel: 01482 323123

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £600 inc VAT (£500 + VAT).

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.