73 Carlton Street Castleford, Nr Leeds West Yorkshire WF10 1DE

  • 73 Carlton Street<br>Castleford, Nr Leeds<br>West Yorkshire<br>WF10 1DE

73 Carlton Street
Castleford, Nr Leeds
West Yorkshire
WF10 1DE

Freehold Retail Investment

  • Let to Vision Value Opticians Limited until October 2026 (no breaks)
  • Prime town centre location adjacent to Castleford Market Hall
  • Neighbouring occupiers include Co-operative Food, Marks & Spencer, Greggs, Coral, Specsavers and Superdrug
  • Lot
    75
  • Auction
    5th December 2018
  • Rent
    £20,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £202,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Freehold Retail Investment

  • Let to Vision Value Opticians Limited until October 2026 (no breaks)
  • Prime town centre location adjacent to Castleford Market Hall
  • Neighbouring occupiers include Co-operative Food, Marks & Spencer, Greggs, Coral, Specsavers and Superdrug
  • Lot 75
  • Auction 5th December 2018
  • Rent £20,000 per Annum Exclusive
  • Status Sold
  • Price £202,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
11 miles south-east of Leeds city centre
34 miles north of Sheffield city centre
Roads
M62, A1 (M), A63
Rail
Castleford Station
Air
Leeds Bradford Airport
Situation

Castleford is a historic market town some 11 miles south of Leeds city centre. The property is located on the southern side of Carlton Street, the town’s prime pedestrianised retail thoroughfare. Castleford Market Hall, home to more than 80 traders, is located immediately adjacent with an outdoor market on Carlton Street also trading four days a week. Carlton Lanes Shopping Centre is also located nearby and houses retailers including Argos, Boots and Dorothy Perkins. Other nearby occupiers include Co-operative Food, Marks & Spencer, Greggs, Coral, Specsavers and Superdrug.

Tenure

Freehold.

Location
Miles
11 miles south-east of Leeds city centre
34 miles north of Sheffield city centre
Roads
M62, A1 (M), A63
Rail
Castleford Station
Air
Leeds Bradford Airport
Situation

Castleford is a historic market town some 11 miles south of Leeds city centre. The property is located on the southern side of Carlton Street, the town’s prime pedestrianised retail thoroughfare. Castleford Market Hall, home to more than 80 traders, is located immediately adjacent with an outdoor market on Carlton Street also trading four days a week. Carlton Lanes Shopping Centre is also located nearby and houses retailers including Argos, Boots and Dorothy Perkins. Other nearby occupiers include Co-operative Food, Marks & Spencer, Greggs, Coral, Specsavers and Superdrug.

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with first and second floor ancillary accommodation. There is also a basement which is currently unused.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Rating Band E. Copy available to download from the legal pack at www.acuitus.co.uk

Description

The property comprises a ground floor retail unit with first and second floor ancillary accommodation. There is also a basement which is currently unused.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Rating Band E. Copy available to download from the legal pack at www.acuitus.co.uk

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/
(Reversion)
Ground
First
Second
Retail/Ancillary
Ancillary
Ancillary
50.00 sq m
35.60 sq m
36.40 sq m
(539 sq ft)
(383 sq ft)
(392 sq ft)
VISION VALUE
OPTICIANS LTD (1)
Approximately 12 years
5 months from
01/05/2014 (2) on a full
repairing and insuring
lease
£20,000 01/11/2018
(10/10/2026)
Total
122.00 sq m
(1,314 sq ft)
    £20,000  

(1) Vision Value Opticians Ltd operates through seven stores across Yorkshire and has been independently owned for 30 years (Source: https://www.ivisionopticians.com/). The opticians practice has traded in Castleford for over 60 years.
(2) For the purpose of clarification, there is a current lease in place from 01/05/2014 until 30/04/2023 and an additional reversionary lease from expiry of the current term until 10/10/2026.

Contacts

Seller's Solicitors
Switalskis Solicitors Cranbourne House, 36 Gracious Street
Knaresborough
North Yorkshire
HG5 8DS
Andrew Lawson 01423 869 977andrew.lawson@switalskis.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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