Property Details
Pugh Auctions
Lot 129
Lot 129
Auction: June 2017 (L)

20-22 Station Lane, Featherstone, Pontefract, West Yorkshire, WF7 5BE

Property Details
Location

The property is located within the town centre fronting Station Lane (B6421) in an established retail location, adjacent to BetFred. Featherstone lies approximately 11 miles south of Leeds.

Description

Two storey mid terrace arranged as a ground floor retail unit which previously traded as a cafõ and currently occupied by a Charity with a 5 year lease agreed at a rent of ú6000 per annum in solicitors hands , together with a self contained first floor flat let on an AST producing an annual equivalent income of ú3,900

Accommodation

The following details have been provided by the Vendor: Ground Floor Retail: 98 sq m (1,053 sq ft) First Floor: 63 sq m (676 sq ft)

Approx Site Area

Freehold.

Planning

Interested parties should consult direct with the Local Planning Office, Wakefield Metropolitan District Council, Wakefield One, PO Box 700, Wakefield, WF1 2EB.

Tenancy

1) The ground floor unit is occupied by a Charity on a short term agreement and a new 5 year lease with them at a rent of ú6000 per annum has been agreed with a rent review in year 3. 2) The flat is let on an Assured Shorthold Tenancy agreement for a term of 6 months from 22/02/2017 to 21/08/2017 at a rent of ú325 per month. A deposit of ú325 is held.

VAT

VAT is payable on the sale price unless the conditions are satisfied for it to be treated as a TOGC.

Addendum

The new lease was signed by the landlord and a counter signed copy is expected from the tenant today.

Property Location Address:
20-22 Station Lane,
Featherstone,
Pontefract,
West Yorkshire,
WF7 5BE
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Auction Details
Auction: June 2017 (L) Date: 8th June 2017 Lot Number: 129 Doors Open: 12:00pm Bidding Starts: 12:00pm
Address:
Leeds United Football Club,
Leeds,
LS11 0ES

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