Freehold Retail Investment
Freehold Retail Investment
Armthorpe, a predominantly residential suburb, lies approximately 3 miles east of Doncaster. The
property is prominently situated on the north side of Church Street, in the centre of the commercial pitch opposite Morrisons. Other neighbouring occupiers include Greggs, Halifax and a Jet petrol station.
Freehold.
Armthorpe, a predominantly residential suburb, lies approximately 3 miles east of Doncaster. The
property is prominently situated on the north side of Church Street, in the centre of the commercial pitch opposite Morrisons. Other neighbouring occupiers include Greggs, Halifax and a Jet petrol station.
Freehold.
The property comprises ground floor retail accommodation and first floor ancillary accommodation. The property benefits from a site area of 0.33 hectares (0.80 acres) with a car park for approximately 44 cars.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises ground floor retail accommodation and first floor ancillary accommodation. The property benefits from a site area of 0.33 hectares (0.80 acres) with a car park for approximately 44 cars.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Review/ (Reversion) |
|
|---|---|---|---|---|---|---|---|
| Ground First |
Retail Ancillary |
1,014.51 sq m 175.80 sq m |
(10,920 sq ft) (1,892 sq ft) |
B&M RETAIL LIMITED (1) |
10 years from 14/03/2016 (2) on a full repairing and insuring lease |
£75,000 | 14/03/2021 (13/03/2026) |
| Total |
1,190.31 sq m |
(12,813 sq ft) |
£75,000 | ||||
(1) For the year ending 25th March 2017, B&M Retail Limited reported a turnover of £2,252,265,000, a pre-tax profit of £198,006,000 and a net worth of £498,412,000 (Source: Experian Group 19/09/2017).
(2) The lease is subject to a schedule of condition.
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