Retail premises for sale in Brockfield Park Drive, York YO31

Location

The subject property is located within Brockfield Park Drive which is situated in Huntington.

Brockfield Park Drive is heavily populated with residential dwellings and is frequently used for those going to Monks Cross/Vangarde Shopping Park and the York Stadium Leisure Complex which assists in the properties footfall.

Description

52-54 Brockfield Park Drive comprises two-thirds of spar’s demise. Spar own the adjoining 56 Brockfield Park Drive wherby they have knocked through to create one large premises.

The two end terrace retail units are single storey and constructed via brick and stone. Internally, the space presents well and benefits from Air Conditioning.

Externally the extent of ownership covers an area of the rear yard and also a double garage of which is utilised by the current tenant.

Accommodation

Measured in accordance with the RICS Property Measurement (incorporating International Property Measurement Standards) 2nd Edition, January 2023, the unit provides an approximate net internal area of 1,075 (99.9 sq m).

Terms

The property is offered for sale on a freehold basis, subject to the existing tenancy at a guide price of £195,000 it is understood that VAT is not applicable.

Tenancy info

52-54 Brockfield Park Drive is let on Fri terms by way of a 10 year lease from 1st February 2018 at a rent of £13,250 per annum. The Rent Review from February 2024 is outstanding with the next Rent Review being February 2027.

Rateable value

We have made enquiries with the voa website and can reveal that the property is merged with 56 and the Rateable Value falls under a single rating with a 2023 Rateable Value of £21,000.