Property Details
Pugh Auctions
Lot 122
Lot 122
Auction: February 2016

Unit 2 Reservoir Road, Riverside Park Industrial Estate, Kingston-upon-hull, Humberside, HU6 7QD

Property Details
Location

The property is located within an established industrial estate located in a cul de sac position on Reservoir Road which is accessed from Clough Road (A1165). Hull city centre is approximately 2 miles to the south.

Description

Industrial / trade counter unit with yard and additional land sold subject to an FRI lease.

Accommodation

We detail below the following accommodation and approximate gross internal floor areas: Warehouse, Trade Counter, Staff Areas and Stores 1,455 sq m (15,661 sq ft)

Outside

Gated and enclosed yard area.

Tenure

The property is held on two long leasehold titles, one for a term of 82 years from 1st January 1964 at a fixed ground rent of ú45 per annum and the other for a term of 91 years from 1st January 1955 at a fixed ground rent of ú150 per annum.

Planning

Interested parties should consult direct with the Local Planning Office, Hull City Council, Guildhall, Hull, HU1 2AA. Tel: 01482 300 301.

Tenancy

The whole of the property is leased to Edmundson Electrical Limited (Company Number 2667012) by way of a 15 year FRI lease from 31st July 2011 at a rent of ú39,000 per annum. The lease is subject to 5 yearly upwards only rent reviews and a tenants conditional option to break the lease at the 10th anniversary of the lease term.

VAT

VAT is payable in addition to the purchase price and the vendors have confirmed that they intend to treat a sale as a TOGC.

General

1. The property is being sold subject to a 8 week completion period. 2. Energy Performance Certificate = G.

Addendum

The property is being sold subject to an 8 week completion period. VAT is payable in addition to the purchase price and the vendors have confirmed that they intend to treat a sale as a TOGC.

Property Location Address:
Unit 2 Reservoir Road,
Riverside Park Industrial Estate,
Kingston-upon-hull,
Humberside,
HU6 7QD
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Auction Details
Auction: February 2016 Date: 25th February 2016 Lot Number: 122 Doors Open: 12:00pm Bidding Starts: 12:00pm
Address:
Manchester City Football Club,
Manchester,
M11 3FF

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