One of our specialities is in the retail sector. We regularly deal with shop units in York City Centre, as well as its outlying suburban areas and surrounding villages. We also go further afield into North Yorkshire, embracing the many market towns around the county.
The types of shop which we deal with range from small city centre units of 300 or 400 square feet - suitable for an individual trader - up to much larger units which may be occupied by national retailers.
We provide advice to both landlords in respect of the letting of retail shops, and tenants who may wish to be disposing of their leases by way of assignment or sub-letting.
When “selling” a lease for a tenant, this may or may not involve the disposal of his business and the fixtures and fittings, depending on the strategy to be adopted. These are matters upon which we are well placed to provide sound advice.
We also regularly act on behalf of private individuals or property companies - for example, in respect of the sale or purchase of freehold retail shops, either with vacant possession or an investment basis.
The retail property market is one which is particularly dynamic. There is constant change occurring throughout the sector, reflecting movement in retail spending, and new retailers coming into the market place.
Retail properties from Barry Crux & Co
PREMIUM FOR THE LEASE £10,000
FOR THE LEASE, BUSINESS GOODWILL, FIXTURES & FITTINGS, PLUS STOCK AT VALUATION £22,000
UNDER OFFER £12,700PA
PLUS VAT £12,250PA
FROM £8,500 PER ANNUM FOR PART OR £18,480 PER ANNUM FOR THE WHOLE
UNDER OFFER £450,000
REDUCED FOR A QUICK SALE £29,500
REDUCED TO £12,500
UNDER OFFER £9,250PA
UNDER OFFER - To Let by way of Assignment. £15,000
UNDER OFFER £15,000
UNDER OFFER £60,000PA
REDUCED TO £169,500
FOR THE LEASE, BUSINESS GOODWILL, FIXTURES & FITTINGS, PLUS STOCK AT VALUATION £12,500
Offers Invited for the benefit of the lease £15,150PA