Historic Cathedral City with two established Universities
Prime retail position in the heart of the city centre
Neighbouring occupiers include Sports direct, Starbucks, Next, Waterstones, Holland & Barrett, EE, Boots, WH Smith and Natwest
Lot 18
Auction 25th March 2021
Rent £123,000 per Annum Exclusive
Status Sold Post
Price
Sector High Street Retail
Auction Venue Live Streamed Auction
On Behalf of Fidelity International
Property Information
Location
Miles
19 miles east of Harrogate
24 miles north-east of Leeds
55 miles north-east of Manchester
Roads
A19, A59, A64, A1237, A1(M)
Rail
York Railway Station
Air
Leeds Bradford International Airport
Situation
York is an historic Cathedral City with two established universities. The property is prominently located in the heart of the city centre in a prime retail position on the east side of the busy Coney Street. Neighbouring occupiers include Sports direct, Starbucks, Next, Waterstones, Holland & Barrett, EE, Boots, WH Smith and Natwest.
Tenure
Freehold.
Location
Miles
19 miles east of Harrogate
24 miles north-east of Leeds
55 miles north-east of Manchester
Roads
A19, A59, A64, A1237, A1(M)
Rail
York Railway Station
Air
Leeds Bradford International Airport
Situation
York is an historic Cathedral City with two established universities. The property is prominently located in the heart of the city centre in a prime retail position on the east side of the busy Coney Street. Neighbouring occupiers include Sports direct, Starbucks, Next, Waterstones, Holland & Barrett, EE, Boots, WH Smith and Natwest.
Tenure
Freehold.
Description
The property an attractive Grade 2 listed building, comprises retail accommodation on the ground floor, ancillary accommodation in the basement, first, second and third floors and a forth floor and attic.The property may be suitable for Residential conversion of the upper parts, subject to consents.
VAT
VAT is applicable to this lot.
Note
The adjacent unit, 34 Coney Street is lot 25 in this Auction
Completion Period
Six week completion
EPC
Not Applicable for Listed buildings.
Description
The property an attractive Grade 2 listed building, comprises retail accommodation on the ground floor, ancillary accommodation in the basement, first, second and third floors and a forth floor and attic.The property may be suitable for Residential conversion of the upper parts, subject to consents.
VAT
VAT is applicable to this lot.
Note
The adjacent unit, 34 Coney Street is lot 25 in this Auction
Completion Period
Six week completion
EPC
Not Applicable for Listed buildings.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Basement
Ancillary
not measured
THE PERFUME SHOP LIMITED (1)
10 years from 07/11/2011 on a full repairing and insuring lease
£123,000
06/11/2021
Ground First Second
Retail Ancillary Ancillary
101.46 sq m 60.62 sq m 56.00 sq m
(1,093 sq ft) (652 sq ft) (598 sq ft)
Third Fourth
Ancillary Not used
not measured not measured
Totals
218.08 sq m
(2,343 sq ft)
£123,000
(1) For the year ending 28th December 2019, The Perfume Shop Limited reported a turnover of £217,221,000, a pre tax profit of £9,379,000 and shareholders funds of £15,494,000 (Source: NorthRow 02/03/2021).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
