Freehold Bank Investment
Freehold Bank Investment
The property is situated in a prominent corner location on the western side of the pedestrianised Tontine Square at its junction with Market Lane within Hanley town centre and approximately 100 metres from Intu Potteries Shopping Centre. Other nearby occupiers include Boots, Marks & Spencer, Lloyds TSB and Halifax.
Freehold.
The property is situated in a prominent corner location on the western side of the pedestrianised Tontine Square at its junction with Market Lane within Hanley town centre and approximately 100 metres from Intu Potteries Shopping Centre. Other nearby occupiers include Boots, Marks & Spencer, Lloyds TSB and Halifax.
Freehold.
The property comprises a banking hall and ancillary on ground floor and with office accommodation on part first floor. There is additional self-contained office accommodation over part first and second floors.
VAT is not applicable to this lot.
There will be block viewings for this property.
Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas. Telephone: +44 (0)20 7034 4857.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a banking hall and ancillary on ground floor and with office accommodation on part first floor. There is additional self-contained office accommodation over part first and second floors.
VAT is not applicable to this lot.
There will be block viewings for this property.
Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas. Telephone: +44 (0)20 7034 4857.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground Part First Part First Second |
Banking Hall/ Ancillary Office Office Office |
85.00 sq m 42.50 sq m 5.70 sq m 54.10 sq m |
(915 sq ft) (457 sq ft) (61 sq ft) (582 sq ft) |
SANTANDER UK PLC (1) (2) | 15 years 3 months from 18/06/2008 until 28/09/2023 on a full repairing and insuring lease | £61,750 | 29/09/2013 (3) and 20/09/2018 |
| Totals | 187.30 sq m |
(2,015 sq ft) |
£61,750 | ||||
1) For the year ending 31st December 2012, Santander UK Plc reported pre-tax profits of £1,231,000,000 and a total net worth of £10,027,000,000. (Source: www.riskdisk.com 31/10/2013) Santander UK plc is one of the UK’s leading personal financial services companies and one of the largest providers of mortgages and savings in the UK. (Source: www.aboutsantander.co.uk 31/10/2013)
(2) The September 2013 rent review is outstanding.
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