DONCASTER – DANUM HOUSE, 49/61 ST SEPULCHRE GATE
Transcription
DONCASTER – DANUM HOUSE, 49/61 ST SEPULCHRE GATE
DONCASTER – DANUM HOUSE, 49/61 ST SEPULCHRE GATE LandmarkTown Centre Property with Significant Development Opportunities Sat Nav Ref DN1 1UB Click arrows on your keyboard to navigate this brochure. Investment Considerations Fawcett Mead Danum House, Doncaster • Doncaster is the largest historic market town in the North of England. • Highly prominent, landmark town centre development opportunity with prime frontage opposite the Frenchgate Centre. • Flexible accommodation suitable for a variety of uses. • Planning consent has recently been granted to permit any use within class A1 to A5 or D2, together with internal re-configuration. • Freehold. • Grade II listed, therefore not liable for business rates. • We are instructed to seek offers for our client’s freehold interest in the subject property. Town Centre Development Opportunity Location Doncaster is located in the heart of Yorkshire to east of Junctions 36 and 37 of the A1(M) and to the west of Junction 3 and 4 of the M18 motorway. The town is approximately 35 miles south east of Leeds and 165 miles north of London. The town also benefits from excellent rail communications with Doncaster train station offering frequent train services to London with a fastest journey time of 1 hour 35 minutes, York in approximately 20 minutes and Leeds in 35 minutes. Robin Hood airport is located approximately 7 miles from Doncaster town centre, offering international flights throughout Europe. Doncaster Doncaster has a population of 302,000 (Source: Office of National Statistics, 2011) and a catchment population of approximately 1,750,000 within a 45 minute drive time. Situation Danum House is situated in Doncaster town centre at the junction of Duke Street, Printing Office Street and St Sepulchre Gate. One of the main entrances to the Frenchgate Shopping Centre, the town’s principal shopping centre is located directly opposite the subject property. Other retailers in the immediate vicinity include Sainsburys, New Look, Debenhams, Next, Clas Ohlson and McDonalds. Description The property is of steel frame construction with elevations of decorative brickwork and panels at the front of the building and rendered brickwork at the rear of the property. The roofs are all flat with an asphalt finish. The property was constructed in the 1930’s in an art deco style with an internal refurbishment programme completed in 2000. This Grade II listed property is arranged over basement, ground and four upper floors. The basement, together with the majority of the ground floor and first floor, comprise a former department store. The remainder of the ground floor comprises a retail unit (let to Rymans), whilst the second, third and fourth floors are currently vacant. Subject Property Pedestrian access is from St Sepulchre Gate and Printing Office Street with additional access to the third floor and vehicle access to the loading bay from Duke Street. Fawcett Mead Danum House, Doncaster Town Centre Development Opportunity Planning Prime frontage opposite the Frenchgate Centre. Planning consent has been secured for the basement, ground and first floor. The property previously benefitted from Class A1 consent only, however the change of use consent now permits for any use within Class A1 to A5 or D2 and also allows for internal re-configuration of the premises. This opens up a wide range of development scenarios for the subject property. Further information can be provided upon request. Plans Basement Ground Floor First Floor Second Floor Office Third Floor Night Club Fourth Floor Office Fawcett Mead Danum House, Doncaster Town Centre Development Opportunity Asset Management Initiatives • The subject property comprises an extremely prominent, landmark town centre building suitable for a variety of alternative uses. These include: • • • • • • Residential Accommodation Social Housing Hotel Casino Gym Alternative leisure uses • There is also the potential to sub-divide the retail accommodation to create 2/3 individual retail units, with prime frontage onto St. Sepulchre Gate/Duke Street. Further information in this regard is available upon request. • The property also offers significant letting opportunities in its current configuration, providing a substantial retail floor plate in a prime trading position. This space would appeal to a variety of discount and department store operators. Tenancy / Accomodation Unit Tenant Lease Start Lease Expiry Unit 1 Vacant n/a n/a Unit 2 Ryman Limited 01/04/2012 31/03/2014 2nd Floor Office Vacant n/a n/a 3rd Floor Night Club Vacant n/a n/a 4th Floor Office Vacant n/a n/a Total Rent pa n/a £1 n/a n/a sq ft 55,162 1,607 16,377 16,956 sq m 5,124 149 1,521 1,575 £1 90,102 8,369 Tenure Freehold Fawcett Mead Danum House, Doncaster Town Centre Development Opportunity Jonathan Mills +44 (0)20 7182 7483 jonathan@fawcettmead.co.uk Thomas Heptonstall +44 (0)20 7182 7484 thomas@fawcettmead.co.uk W E & ST AN BA R 1 2 2 3 4 6 YWA 8 AL K 8 IO R 3 PR TA U RA NT OU T Tim Lloyd +44 (0)20 7182 7485 tim@fawcettmead.co.uk 15-17 Great Portland Street, London W1W 8QA Misrepresentation Act: The particulars in this brochure are believed to be correct, but accuracy cannot be guaranteed and they are expressly excluded from any contract. 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RA TIV EB AN K 60 6 HA LIF AX BA NK 3 NE Proposal VIS VA ION OP LUE TIC IAN TS 7 (IN RD FO AF TR 5 S & KIN BO DE DY EP PIE TA RC TT IN 2S G 7 IN T HA RIM IR EN TR AN CE CO -OP E 1 TU T P SH `N HO UB IVE ` US LIC E AT E TH E P BL IC LOU H G S 45 BUR GER KING F/FD REST (2 RE T FLR S) O ST US H D EC I AV E O NT ELE RA E Y TI RIO S O R NS W ES T SE R AR VI EA CE R CA AM R P PA TO RK ) 47 6 OOR S TIC IAN O ET TH EC TIN RAL O-O G TR PER AVE OF ATIV LA FIC GE E NT E 46 8 TAIL FL OK S WE AR CRAW SHAW S BUTC HER FONE BOOT H TELE PHON ES 10 SUBW AY S/W BAR 12 DISC OUN T STO RE 7 - 13 14 GRE GGS BAKE R 16 XTRA S HLTH &BEA WAR REN JAM JEW ES ELLE R VIRG IN ME DI TELE PHON A ES TEXTI DIRE LES CT HO T EXT 22 18 - 20 SUPE RMA RKET SAIN SBUR YS H MA LL LADIE 38 - 4 2 NEW LO PU VAT 00PM ) 26 - 28 SAVE RS HEALT H&B EAUTY POU NDLA ND SOU T 15 34 - 3 ST S 6 EPU 30 - 32 (PER LCH MIT HOLD RE G ERS ONL A Y 10 TE .30A 43 M - 4. 41 CLAS OHLS HOU ON SEHO LD G OOD S (2 RE TH EN AT`S TE RT MU AIN ME & S SICA NT HE L IN ET MU STRU SIC ME N 26 - 28 PERF ECTH OME FURN ITUR E ES SHO P TTS SHO ES GREG OR LEAT YS HE GOOD R S NT 22 BARR A 20 VACA QUIRE LIFTS S & ST S COFFEE The property has been elected for VAT purposes and therefore it is expected that the investment sale will be treated as a Transfer of a Going Concern (TOGC). 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