Wilko, Units 1 - 3, 7,9 & 11 Salter Row Pontefract West Yorkshire WF8 1BA

$Wilko, Units 1 - 3, 7,9 & 11 Salter Row<br>Pontefract<br>West Yorkshire<br>WF8 1BA$

Wilko, Units 1 - 3, 7,9 & 11 Salter Row
Pontefract
West Yorkshire
WF8 1BA

Freehold Retail Investment

Let to Wilkinson Hardware Stores Limited
Attractive and historic West Yorkshire market town
Pedestrianised town centre location
Neighbouring occupiers include Argos, Bonmarché, H Samuel, New Look, Boots Optician, Claire’s Accessories and Halifax Bank

Lot
68
Auction
18th October 2018
Rent
£118,000 per Annum Exclusive
Status
Sold
Price
£750,000
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On Behalf of a Major Fund

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Freehold Retail Investment

Let to Wilkinson Hardware Stores Limited
Attractive and historic West Yorkshire market town
Pedestrianised town centre location
Neighbouring occupiers include Argos, Bonmarché, H Samuel, New Look, Boots Optician, Claire’s Accessories and Halifax Bank

Lot 68
Auction 18th October 2018
Rent £118,000 per Annum Exclusive
Status Sold
Price £750,000
Sector
High Street Retail
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On Behalf of a Major Fund

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/ Bradford International Airport

Situation

Pontefract is an attractive and historic West Yorkshire market town. The property is situated in a prominent position on the north side of Salter Row, opposite the entrance to Pontefract Market Hall. Salter Row forms part of the pedestrianised prime retail pitch in the heart of the town centre. Neighbouring occupiers include Argos, Bonmarché, 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/ Bradford International Airport

Situation

Tenure

Freehold.

Description

The property comprises ground floor retail accommodation and first floor ancillary accommodation.

VAT

VAT is applicable to this lot.

EPC

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

Description

The property comprises ground floor retail accommodation and first floor ancillary accommodation.

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	Reversion
Ground First	Retail Ancillary	496 sq m 203.36 sq m	(5,339 sq ft) (2,189 sq ft)	WILKINSON HARDWARE STORES LIMITED (1)	10 years from 24/06/2010 on a full repairing and insuring lease	£118,000	23/06/2020
Total		699.36 sq m	(7,528 sq ft)			£118,000

(1) For the year ending 28th January 2017, Wilkinson Hardware Stores Limited reported a turnover of £1,512,763,000, pre-tax profits of £5,198,000 and a total net worth of £142,450,000 (Source: Experian Group 14/9/2018).