108-110 New Street, Huddersfield, West Yorkshire, HD1 2UD
£165,000+
Investment
Key Features
- A retail investment property let to Stock Kingdom Ltd trading as Bargain Food Store in the heart of Huddersfield town centre
- Current rent reserved of £35,000 pax
- Offered on a new 999 year long leasehold, subject to the existing tenancy
Part of the
12 December 2024
auction
Trent Bridge Cricket Ground
at
2.30PM
An opportunity to acquire a retail investment property let to Stock Kingdom Limited T/A Bargain Food Store in the heart of Huddersfield town centre, adjacent to Home Bargains, with a current rent reserved of £35,000 pax
- Retail investment property let to Stock Kingdom Limited
- Trading as Bargain Food Store selling discounted products
- Situated in the retail centre of Huddersfield
- Nearby occupiers: Primark, Holland & Barrett, Home Bargains
- Pay and Display roof top car park above this parade of shops
- Located on the pedestrianised New Street
- Ground floor L-shaped open plan sales area (2,231 sq ft)
- Rear stock room, kitchen, WC & staff room/office (602 sq ft)
- Ground floor total area approx 2,833 sq ft
- Glazed display frontage onto New Street
- An ideal investment opportunity
Contact Auction Estates on (0115) 7844600
Fees
A buyer's premium of £1,800 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.
Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
The property is offered 'For Sale' on a new 999 year long leasehold at a peppercorn rent. Let to Stock Kingdom Limited trading as Bargain Food Store on a lease expiring March 2027 with a current rent reserved of £35,000 pax.
Refer to Legal Pack
Email: rebecca.toates@brownejacobson.com
Telephone: 0115 908 4862