Let to North Yorkshire County Council t/a Trading Standards
Forms part of the established Northallerton Business Park
Nearby occupiers include NFU Mutual, JT Atkinson and Speed Clad
Parking rights for approximately 15 cars
Lot 3
Auction 19th October 2017
Rent £49,000 per Annum Exclusive
Status Sold
Price £430,000
Sector Office
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On Behalf of Receivers at Colliers
Property Information
Location
Miles
37 miles south of Durham, 15 miles north of Leeds
Roads
B6271, A167, A1
Rail
Northallerton Rail
Air
Durham Tees Valley Airport, Leeds Bradford Airport
Situation
Thornfield Business Park is located within Standard Way Industrial Estate on the northern outskirts of the market town of Northallerton in North Yorkshire. The property occupies a prominent position within the Park, close to Standard Way's junction with the B6271. Nearby occupiers include NFU Mutual, JT Atkinson and Speed Clad.
Tenure
Long Leasehold. 150 years from completion of the sale at a peppercorn rent. Please refer to the legal pack and Special Conditions for more information.
Location
Miles
37 miles south of Durham, 15 miles north of Leeds
Roads
B6271, A167, A1
Rail
Northallerton Rail
Air
Durham Tees Valley Airport, Leeds Bradford Airport
Situation
Thornfield Business Park is located within Standard Way Industrial Estate on the northern outskirts of the market town of Northallerton in North Yorkshire. The property occupies a prominent position within the Park, close to Standard Way's junction with the B6271. Nearby occupiers include NFU Mutual, JT Atkinson and Speed Clad.
Tenure
Long Leasehold. 150 years from completion of the sale at a peppercorn rent. Please refer to the legal pack and Special Conditions for more information.
Description
The property comprises a detached office building with ground floor reception area and office accommodation on ground and first floors. The accommodation benefits from suspended ceilings, CAT II lighting and car parking rights for approximately 15 cars.
VAT
VAT is applicable to this lot.
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.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a detached office building with ground floor reception area and office accommodation on ground and first floors. The accommodation benefits from suspended ceilings, CAT II lighting and car parking rights for approximately 15 cars.
VAT
VAT is applicable to this lot.
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.
Completion Period
Six Week Completion
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 First
Office Office
229.4 sq m 229.4 sq m
(2,469 sq ft) (2,469 sq ft)
NORTH YORKSHIRE COUNTY COUNCIL t/a The Trading Standards Agency (1)
5 years from 02/10/2016 on a full repairing and insuring lease (2)
£49,000
01/10/2021
Total
458.8 sq m
(4,938 sq ft)
£49,000
(1) North Yorkshire County Council have been in occupation of the unit since at least 2003. (2) The lease provides a tenant only option to determine any time after 01/10/2019 subject to six months’ notice
Contacts
Seller's Solicitors
Addleshaw Goddard LLP 1 St Peter's Square Manchester M2 3DE
