Former Food Storage Depot Victoria Avenue, Sowerby Thirsk North Yorkshire YO7 1QY

Former Food Storage Depot
Victoria Avenue, Sowerby
Thirsk
North Yorkshire
YO7 1QY

Freehold Industrial/Redevelopment Opportunity

Approximately 2,376.23 sq m (25,579 sq ft) on a site area of 0.98 hectares (2.43 acres)
Low Site Coverage of approximately 24%
Residential Development Potential (subject to consents)
Historic Market Town Location
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
54
Auction
26th March 2015
Vacant Possession
Status
Sold
Price
£415,000
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
on behalf of Defra

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Freehold Industrial/Redevelopment Opportunity

Approximately 2,376.23 sq m (25,579 sq ft) on a site area of 0.98 hectares (2.43 acres)
Low Site Coverage of approximately 24%
Residential Development Potential (subject to consents)
Historic Market Town Location
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 54
Auction 26th March 2015
Vacant Possession
Status Sold
Price £415,000
Sector
Development
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
on behalf of Defra

Property Information

Location

Miles: 22 miles north-east of Harrogate, 23 miles north-east of York, 38 miles north of Leeds
Roads: A19, A61, A170, A1(M) (Junctions 49 & 50)
Rail: Thirsk Railway Station
Air: Leeds Bradford Airport

Situation

Sowerby is a largely residential southern suburb of the historic market town of Thirsk. Thirsk is situated at the intersection of the A19 and A61 between the Yorkshire Moors and Yorkshire Dales. The property is situated immediately to the west of Victoria Avenue and Melbourne Place, a primarily residential location, a short distance from the town centre and Thirsk Racecourse.

Tenure

Freehold.

Location

Miles: 22 miles north-east of Harrogate, 23 miles north-east of York, 38 miles north of Leeds
Roads: A19, A61, A170, A1(M) (Junctions 49 & 50)
Rail: Thirsk Railway Station
Air: Leeds Bradford Airport

Situation

Tenure

Freehold.

Description

The property, a former food storage depot, comprises a site of approximately 0.98 hectares (2.43 acres) upon which is built a substantial warehouse of approximately 2,376.23 sq m (25,579 sq ft), providing a site coverage of 24%. There is an electricity substation on site.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

Planning
The property may be suitable for residential redevelopment,
subject to necessary consents.
Hambleton District Council
Civic Centre, Stone Cross, Northallerton, North Yorkshire DL6 2UU
Tel: 01609 779 977
Email: info@hambleton.gov.uk

Six Week Completion

VAT

VAT is not applicable to this lot.

EPC

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

Description

VAT

VAT is not 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)		Possession
Ground	Industrial	2,376.35 sq m	(25,579 sq ft)	VACANT POSSESSION (1)
Totals		2,376.35 sq m	(25,579 sq ft)

1) Vacant possession save in relation to electricity substation lease, garden licence and car parking licences. There is an electricity sub-station on site let to Northern Electric plc for a term of 60 years from 23/12/1992 until 2052 at a current rent reserved of £80 p.a.x. The landlord has the right to request that the cables are relocated if they interfere with any proposed works.
Part of the property is used as a garden over which 2 individual residents that adjoin the property each have a licence which have a mutual rolling option to determine at 1 month’s notice. The licence fee is £100 per annum.
Part of the property is also used as a car park over which 8 individual residents that adjoin the property each have a licence which have mutual rolling options to determine at 28 days’ notice.