40 Gowthorpe Selby North Yorkshire YO8 4ET

40 Gowthorpe
Selby
North Yorkshire
YO8 4ET

Freehold Convenience Store Investment

Let on a recently renewed 10 lease from September 2023 (no breaks)
Rent increased from £20,000 p.a.x. on renewal
Let as convenience store (with personal guarantee)
VAT free investment
Attractive North Yorkshire town
Nearby occupiers include Sainsbury's, Cancer Research, Greggs, JD Wetherspoon, Yorkshire Building Society and Poundland

Lot
28
Auction
27th March 2025
Rent
£24,000 per Annum Exclusive
Status
Available
Guide*
£220,000
Auction Venue
Live Streamed Auction
Octopus Bridging Loan for Buyers
Not available

Interested?

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Freehold Convenience Store Investment

Let on a recently renewed 10 lease from September 2023 (no breaks)
Rent increased from £20,000 p.a.x. on renewal
Let as convenience store (with personal guarantee)
VAT free investment
Attractive North Yorkshire town
Nearby occupiers include Sainsbury's, Cancer Research, Greggs, JD Wetherspoon, Yorkshire Building Society and Poundland

Lot 28
Auction 27th March 2025
Rent £24,000 per Annum Exclusive
Status Available
Guide* £220,000
Sector
High Street Retail, Supermarket/Convenience
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 19 miles east of Leeds, 12 miles south of York
Roads: A19, A63
Rail: Selby Railway Station
Air: Leeds/Bradford Airport

Situation

The property is situated on the north side of Gowthorpe, a busy retailing thoroughfare in the heart of the town centre, a short walk from Selby Railway Station and with a public car park immediately to the rear. Nearby occupiers include Sainsbury's, Greggs, JD Wetherspoon, Yorkshire Building Society and Poundland.

Tenure

Freehold.

Location

Miles: 19 miles east of Leeds, 12 miles south of York
Roads: A19, A63
Rail: Selby Railway Station
Air: Leeds/Bradford Airport

Situation

Tenure

Freehold.

Description

The property comprises a convenience store arrange on the ground and first floor.

VAT

VAT is not applicable to this lot.

EPC

D99

Description

The property comprises a convenience store arrange on the ground and first floor.

VAT

VAT is not applicable to this lot.

EPC

D99

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m (1)	Floor Areas Approx sq ft (1)	Tenant	Term	Rent p.a.x.	Rent Review
Ground First	Convenience Store Ancillary	174.29 31.37	(1,876) (337)	G POINT20 LIMITED t/a Super Fresh with personal guarantee (2)	10 years from 30/09/2023	£24,000	30/09/2029 28/09/2033
Total		205.66	(2,213)			£24,000

(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
(2) A rent deposit of £6,000 is held by the Landlord.

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.