The property is located in an office area to the south east of York city centre and is situated between Piccadilly and Walmgate with frontage onto George Street. Nearby occupiers include HMRC, Siemens and The Children’s Society.
Tenure
Freehold.
Location
Miles
26.5 miles north-east of Leeds, 41 miles north-west of Scarborough, 60 miles south-east of Sheffield
The property is located in an office area to the south east of York city centre and is situated between Piccadilly and Walmgate with frontage onto George Street. Nearby occupiers include HMRC, Siemens and The Children’s Society.
Tenure
Freehold.
Description
The property comprises 1,140 sq m (12,271 sq ft) office accommodation over four floors. The property benefits from onsite parking for approximately 14 cars.
Note
This property is being marketed for sale on behalf of Joint Law of Property Act
Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
VAT
VAT is applicable to this lot.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas. Tel: +44 (0)20 7034 4857.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises 1,140 sq m (12,271 sq ft) office accommodation over four floors. The property benefits from onsite parking for approximately 14 cars.
Note
This property is being marketed for sale on behalf of Joint Law of Property Act
Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
VAT
VAT is applicable to this lot.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas. Tel: +44 (0)20 7034 4857.
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
Office
305.30 sq m
(3,286 sq ft)
INDIVIDUALS (t/a Lupton Fawcett Denison Till) (1)
16 years from 04/05/2001
£44,000
31/07/2017
First Second
Office Office
328.40 sq m 303.20 sq m
(3,535 sq ft) (3,264 sq ft)
INDIVIDUALS (t/a Lupton Fawcett Denison Till) (1)
20 years from 01/08/1997
£90,000
31/07/2017
Third
Office
203.10 sq m
(2,186 sq ft)
RENIER GILLIES LIMITED (t/a RG Solicitors) (2)
5 years from 31/10/2013 (3)
£25,140
30/10/2018
Totals
1,140 sq m
(12,271 sq ft)
£159,140
(1) Lupton Fawcett Lee & Priestley merged with Denison Till in December 2013 which now trades as Lupton Fawcett Denison Till. The company has approximately 280 staff with over 140 executives making it one of Yorkshire’s top law firms (Source: www.luptonfawcett.com 24/02/2014). The tenant has applied for a licence to assign to Lupton Fawcett LLP but the consent has not yet been documented. (2) Created in 2007, RG Solicitors has become one of the UK’s top property law firms (Source: www.rgsolicitors.co.uk 24/02/2014). (3) The lease provides an option to determine on the third anniversary of the lease.
