Let to Ladbrokes Betting and Gaming Ltd until October 2022 (No Breaks)
Ladbrokes in occupation since 2006
Prominent Town Centre position
Neighbouring occupiers include HSBC, Lloyds, Santander, Marks and Spencer, Topshop and Boots
Lot 44
Auction 23rd May 2013
Rent £32,000 per Annum Exclusive
Status Sold Post
Price
Sector Leisure
Auction Venue The Dorchester Hotel Park Lane Entrance Mayfair London W1K 1QA
Property Information
Location
Miles
16 miles north of Sheffield
22 miles south of Leeds
Roads
A62, A635, A628, M1 (Junction 37)
Rail
Barnsley Railway Station
Air
Leeds Bradford International Airport
Situation
The property is situated in the heart of the busy town centre, close to the junction with the pedestrianised Peel Square and the central retail area. Barnsley Town Hall is some 100 yards from the property. Neighbouring occupiers include HSBC, Santander, Lloyds, Marks and Spencer, Topshop and Boots.
Tenure
Freehold.
Location
Miles
16 miles north of Sheffield
22 miles south of Leeds
Roads
A62, A635, A628, M1 (Junction 37)
Rail
Barnsley Railway Station
Air
Leeds Bradford International Airport
Situation
The property is situated in the heart of the busy town centre, close to the junction with the pedestrianised Peel Square and the central retail area. Barnsley Town Hall is some 100 yards from the property. Neighbouring occupiers include HSBC, Santander, Lloyds, Marks and Spencer, Topshop and Boots.
Tenure
Freehold.
Description
The property comprises two ground floor retail units, one of which benefits from 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 two ground floor retail units, one of which benefits from 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
Retail
132.11 sq m
(1,422 sq ft)
LADBROKES BETTING AND GAMING LTD (1)
10 years from 01/10/2012 until 2022
£32,000
01/10/2017
Ground First
Retail Ancillary
148.74 sq m 272.39 sq m
(1,601 sq ft) (2,932 sq ft)
T C DUDLEY LIMITED
999 years from completion of sale
Peppercorn
Totals
553.24 sq m
(5,955 sq ft)
£32,000
(1) For the year ending 31/12/2011, Ladbrokes Betting and Gaming reported a turnover of £694,138,000, pre-tax profits of £111,963,000 and a total net worth of £885,620,000. (Source: www.riskdisk.com 26/04/2013)