Barmston Road Swinemoor Lane Industrial Estate Beverley Humberside HU17 0LA

Barmston Road
Swinemoor Lane Industrial Estate
Beverley
Humberside
HU17 0LA

Freehold Trade Counter Investment

Entirely let to Howden Joinery Properties Limited (with guarantee from Howden Joinery Limited)
Located within the established Swinemoor Lane Industrial Estate
Nearby occupiers include Wickes and Travis Perkins
Approximate site area of 0.221 hectares (0.546 acres)
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
17
Auction
10th December 2015
Rent
£42,500 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Freehold Trade Counter Investment

Entirely let to Howden Joinery Properties Limited (with guarantee from Howden Joinery Limited)
Located within the established Swinemoor Lane Industrial Estate
Nearby occupiers include Wickes and Travis Perkins
Approximate site area of 0.221 hectares (0.546 acres)
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 17
Auction 10th December 2015
Rent £42,500 per Annum Exclusive
Status Withdrawn Post
Price
Sector
Trade Counter/Builders Merchants
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 10 miles north of Kingston-upon-Hull, 30 miles east of York
Roads: A15, A63, A164, M62 (Junction 38)
Rail: Beverley Mainline Rail Station
Air: Leeds Bradford International Airport

Situation

The property is situated on the southern side of Barmston Road, within the established Swinemoore Lane Industrial Estate, the principal industrial area in the town. Barmston Road is accessible directly off Swinemoor Lane (A1174) which links Kingston-upon-Hullto the south with York to the north. Nearby occupiers includeWickes and Travis Perkins, with Aldi located on Swinemoor Lane
within a few minutes walk.

Tenure

Freehold.

Location

Miles: 10 miles north of Kingston-upon-Hull, 30 miles east of York
Roads: A15, A63, A164, M62 (Junction 38)
Rail: Beverley Mainline Rail Station
Air: Leeds Bradford International Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor trade counter warehouse, forming part of a larger parade. The property benefits from a total approximate site area of 0.221 hectares (0.546 acres).

Six Week Completion

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.

VAT

VAT is applicable to this lot.

EPC

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

Description

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	Trade Counter/ Ancillary	1,127.08 sq m	(12,132 sq ft)	HOWDEN JOINERY PROPERTIES LIMITED (1) (with guarantee from Howden Joinery Limited) (2)	20 years from 03/07/2001 until 02/07/2021 on a full repairing and insuring lease	£42,500	03/07/2016
Totals		1,127.08 sq m	(12,132 sq ft)			£42,500

(1) For the year ending 27th December 2014, Howden Joinery Properties Limited reported a turnover of £40,790,000, pre-tax profits of £686,000 and a total net worth of £334,000. (Source: Experian Group 12/11/2015)
(2) For the year ending 27th December 2014, Howden Joinery Limited reported a turnover of £1,080,083,000, pre-tax profits of £193,306,000 and a total net worth of £447,884,000. (Source: Experian Group 12/11/2015)