Guide Price: £290,000 plus, Basement & Ground Floor, 30-31 Kirkgate, Leeds, West Yorkshire, 433+47940

Property Details

Location

The property is situated in this improving retail location close to the recently opened Hammersons' Victoria Gate Shopping Centre with its 110,000 sq ft John Lewis Dept. Store and specialist shopping. It is immediately opposite Rushbond's proposed retail development of the former White Cloth Hall site and City Fusion's new Crowngate Development of 100,000 sq ft of Apartments and Offices. The street offers specialist retail location in this Major Regional City Centre.

Description

To be offered by Auction. Tenanted City Centre property let to DP Realty Limited (a wholly owned subsidiary of Domino's Pizza Group plc) on a 20 year lease from 2009 at an annual rent of £22,500.

Accommodation

Floor	Description (Dominos)	SQM	SQ FT
Ground	Retail Zone A	47.35	510
Ground	Retail Zone B	43.84	472
Ground	Retail Zone C	10.37	112
Basement	Internal Storage	29.16	314
		130.72	1407

Tenure

Leasehold

Tenancy

DP Realty Limited

£22,500 per annum

20 years from 5/1/2009.

Rent review due 5/1/2019.

Proposed new rent £32,250.

Domino’s Pizza UK & Ireland Limited is the master franchisor for UK and Ireland and main operating subsidiary of Domino’s Pizza Group plc (“DPG”), a FTSE 250 company. Separate group companies own and operate the master franchise rights for Germany and Switzerland. All of our UK and Ireland leases are acquired in the name of DP Realty Limited which is a wholly owned subsidiary of DPG. The properties are subsequently sublet to our franchisees who operate the stores.