Description

The subject premises are located adjacent to the entrance to the car park adjacent to McDonalds

Location

Heckmondwike is a market town in west Yorkshire, approximately 9 miles south-west of Leeds and 8 miles north-west of Huddersfield. It has an estimated residential population of 28,000 people. The Northgate Retail Centre is located within Heckmondwike town Centre, close to the primary high street and adjacent to the bus interchange. The scheme consists of 10 retail units, a drive-thru McDonalds, Poundstretcher and a Lidl Supermarket. It is served by free on site parking (circa 200 spaces).

Tenure

Leasehold

Rent

£37,500 pa

Legal

The Money Laundering Regulations 2017 place a legal obligation on the agents to identify a proposed purchaser once the sale has been agreed and prior to instructing solicitors. Confirmation of the source of the purchaser's funds will also be required.

Viewing

Strictly by appointment.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Lease Term

The premises are available by way of a new lease or assignment. The existing lease is for a term of 15 years from 18/5/20 expiring 17/5/35 subject to a tenants option to break as at 18/5/30.

Service Charge

Estimated Service Charge - £1654 pa