PROPERTY LOT NO 85

A Bluechip tenanted freehold property In Carlton Street, Castleford

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Description

Property Lot Number: 85
For viewing arrangement, please click on Book Viewing

Lot Number: 85

Sell by the Auction method.
For Legal Pack and other information about this Commercial Shop please, visit: just-sold dot co dot UK by searching Lot number 85

Location: Carlton Street, Castleford, WF10

1 BW Miles: 10 miles south-east of Leeds, 20 miles south-west of York,
Roads: M62, A1(M), Rail: Castleford Railway Station, Air: Leeds Bradford Airport
The property is situated in the heart of the town centre on the south side of pedestrianized Carlton Street, the town's principal retailing thoroughfare. The Carlton Lanes Shopping Centre is close to housing retailers including Marks & Spencer, Boots the Chemist, Peacocks, JD Sports and New Look. Other nearby occupiers: Superdrug, Poundstretcher, Wilko, Halifax, Lloyds and HSBC banks.

Description:

An amazing opportunity to buy freehold property tenanted by bluechip client (Clydesdale Bank). The bank has been trading for almost 50 years from this premises. We call it is a hot cake for investors.

Entirely let to Clydesdale Bank Plc t/a Yorkshire Bank
• 10-year lease renewal until 2026 (subject to option) at a re-based rent
• Recently refurbished to a very high standard modern bank
• Tenant in occupation since at least 1999
• Pedestrianised town centre location

The property comprises a double fronted ground floor banking hall with ancillary accommodation on the first and second floors.

Accommodation: (appx)
Ground Floor (Banking Hall/ Anillcary) 2,774 sq ft
First Floor (Ancillary)1,907 sq ft
Second Floor (Ancillary) 1,260 sq ft
Total: 5,941 Sq. Ft

TENANCY:

**Rent £47,500 PA** No VAT applicable on investment

Buyer instructions: This property is available for sale via the Auction method. For Legal Pack and other information about this plot please visit just-sold dot co dot uk and search for Lot number 84. You will need to register yourself in order to place a bid to buy this property.

If you have any questions, please email us by filling the information on property portals.

Important Notice:

1. AML (Money Laundering Regulations): Buyers will be required to register themselves with just-sold dot co dot uk as a buyer and clear the compliance checks prior to bidding, placing an offer or buying.

2. The Sales particulars are only a general guide to the property however, we make our sales particular fair and accurate to the best of our knowledge.

3. These particulars do not form any part of any offer or contract. The particulars should be independently verified by the buyers.


Property Location

Terms of Sale


Property Details

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ONLINE AUCTION PROPERTY

Commercial Property Property in Castleford

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  • AUCTION DETAIL

    Guide Price:

    £500,000.00

    Total bids on this property:

    0

    Minimum Opening Bid

    £485,000.00

    Current Bid

    £0

    TIME LEFT
    2020-10-19 10:00
    END DATE
    16-11-2020 17:00

    Important! In order to bid, please ensure you have completed your AML check by
    clicking here

    FEATURES

    Property Type:

    Retail Property (high street)

    Bedroom(s):

    Min Area

    5,941 (sq. ft.)

    Max Area

    5,941 (sq. ft.)

    Yield

    9.5%

    PARKING

    N/A

    OUTSIDE SPACE

    N/A

    HEATING

    N/A
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