Attractive and historic West Yorkshire market town
Pedestrianised town centre location
Neighbouring occupiers include Wilko, Iceland, Bonmarché, Holland & Barrett, H Samuel, New Look and Boots Optician
Lot 17
Auction 13th July 2017
Rent £80,000 per Annum Exclusive
Status Sold
Price £650,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
9 miles east of Wakefield, 14 miles south-east of Leeds
Roads
A1(M) (Junction 41), M62 two miles away (Junctions 32 and 33)
Rail
Pontefract Baghill Railway Station
Air
Leeds International Airport 20 miles away
Situation
Pontefract is an attractive and historic West Yorkshire market town. The property is situated in a prominent position opposite the entrance to Pontefract Market Hall, which links to an outdoor market in Market Place which operates on Wednesday and Saturdays. Salter Row forms part of the pedestrianised prime retail pitch in the heart of the town centre. Neighbouring occupiers include Wilko, Bonmarché, Holland & Barrett, H Samuel, New Look, Boots Optician, Claire's Accessories and Halifax Bank.
Tenure
Freehold.
Location
Miles
9 miles east of Wakefield, 14 miles south-east of Leeds
Roads
A1(M) (Junction 41), M62 two miles away (Junctions 32 and 33)
Rail
Pontefract Baghill Railway Station
Air
Leeds International Airport 20 miles away
Situation
Pontefract is an attractive and historic West Yorkshire market town. The property is situated in a prominent position opposite the entrance to Pontefract Market Hall, which links to an outdoor market in Market Place which operates on Wednesday and Saturdays. Salter Row forms part of the pedestrianised prime retail pitch in the heart of the town centre. Neighbouring occupiers include Wilko, Bonmarché, Holland & Barrett, H Samuel, New Look, Boots Optician, Claire's Accessories and Halifax Bank.
Tenure
Freehold.
Description
The property, a two storey building, comprises a substantial ground floor retail unit with large storage and ancillary accommodation at both ground and first floors. The property benefits from rear loading facilities along with two substantial cottages which could be utilised for further ancillary accommodation.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property, a two storey building, comprises a substantial ground floor retail unit with large storage and ancillary accommodation at both ground and first floors. The property benefits from rear loading facilities along with two substantial cottages which could be utilised for further ancillary accommodation.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
15 years from 30/07/2004 on a full repairing and insuring lease (2)
£80,000
29/07/2019
Totals
1,009.18 sq m
(10,863 sq ft)
£80,000
(1) For the year ending 27th February 2016, Argos Limited reported a turnover of £3,930,104,000, pre-tax profits of negative -£180,769,000 and a total net worth of £648,286,000 (Source: Experian Group 09/06/2017). (2) The rear cottages are subject to a schedule of condition.
