Wilko, Crackenedge Lane Dewsbury Kirklees West Yorkshire WF13 1PT

Wilko, Crackenedge Lane
Dewsbury
Kirklees
West Yorkshire
WF13 1PT

Freehold Retail Investment

Entirely let to Wilko Retail Limited (formerly Wilkinson Hardware Stores Limited) until 2022
Substantial corner unit within heart of busy market town
Nearby occupiers include Barclays, Coral Betting, Ladbrokes and Boots Opticians

Lot
38
Auction
11th December 2014
Rent
£160,000 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Freehold Retail Investment

Entirely let to Wilko Retail Limited (formerly Wilkinson Hardware Stores Limited) until 2022
Substantial corner unit within heart of busy market town
Nearby occupiers include Barclays, Coral Betting, Ladbrokes and Boots Opticians

Lot 38
Auction 11th December 2014
Rent £160,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector
High Street Retail
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 9 miles south-west of Leeds; 10 miles south-east of Bradford
Roads: A638, A644, M1 (junction 40), M62 (junction 25)
Rail: Dewsbury Railway Station
Air: Leeds Bradford Airport

Situation

The property is situated within the town centre on the eastern side of Crackenedge Lane at its junction with Corporation Street. The property is within close proximity to the Prince of Wales Shopping Centre with other nearby occupiers including Barclays, Coral Betting, Ladbrokes and Boots Opticians.

Tenure

Freehold.

Location

Miles: 9 miles south-west of Leeds; 10 miles south-east of Bradford
Roads: A638, A644, M1 (junction 40), M62 (junction 25)
Rail: Dewsbury Railway Station
Air: Leeds Bradford Airport

Situation

Tenure

Freehold.

Description

The property comprises retail and ancillary accommodation on the ground floor, with staff and storage accommodation on the first and second floors.

Six Week Completion

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises retail and ancillary accommodation on the ground floor, with staff and storage accommodation on the first and second floors.

Six Week Completion

VAT

VAT is applicable to this lot.

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	Review
Ground First Second	Retail/Ancillary Ancillary Ancillary	1,411.65 sq m 413.32 sq m 28.99 sq m	(15,195 sq ft) (4,449 sq ft) (312 sq ft)	WILKO RETAIL LIMITED (1) FORMERLY WILKINSON HARDWARE STORES LIMITED	20 years from 04/03/2002 until 03/03/2022 on a full repairing and insuring lease	£160,000	04/03/2017
Totals		1,853.96 sq m	(19,956 sq ft)			£160,000

(1) Founded in 1930, Wilko now has over 370 stores worldwide (Source:http://corporate.wilko.com 14/11/2014). For the year ending 1st February 2014, Wilko Retail Limited reported a turnover of £1,462,843,000, a pre-tax profit of £27,612,000 and a total net worth of £248,295,000. (Source: www.riskdisk.com 14/11/2014)