110 Cowgate Kirkintilloch Lanarkshire G66 1JU

110 Cowgate
Kirkintilloch
Lanarkshire
G66 1JU

Heritable Bank Investment

Entirely let to Clydesdale Bank plc on a 15 year lease until 2023
Prominent High Street location with return frontage
Nearby occupiers include RBS Bank, Boots the Chemist, Optical Express Optician and Poundland
Clydesdale Bank plc are part of the National Australia Banking Group
Six Week Completion

Lot
36
Auction
22nd May 2014
Status
Withdrawn Post
Price
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Heritable Bank Investment

Entirely let to Clydesdale Bank plc on a 15 year lease until 2023
Prominent High Street location with return frontage
Nearby occupiers include RBS Bank, Boots the Chemist, Optical Express Optician and Poundland
Clydesdale Bank plc are part of the National Australia Banking Group
Six Week Completion

Lot 36
Auction 22nd May 2014
Status Withdrawn Post
Price
Sector
Bank
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 10 miles north-east of Glasgow, 51 miles west of Edinburgh
Roads: A806, M80, M8, M73
Rail: Lenzie 1.5 miles
Air: Glasgow Airport 18 miles

Situation

The property is situated on the western side of Cowgate, in a prominent position on Kirkintilloch’s main retailing thoroughfare and close to its junction with Kerr Street and Catherine Street

Tenure

Heritable.

Location

Miles: 10 miles north-east of Glasgow, 51 miles west of Edinburgh
Roads: A806, M80, M8, M73
Rail: Lenzie 1.5 miles
Air: Glasgow Airport 18 miles

Situation

The property is situated on the western side of Cowgate, in a prominent position on Kirkintilloch’s main retailing thoroughfare and close to its junction with Kerr Street and Catherine Street

Tenure

Heritable.

Description

The property comprises a ground floor banking hall and offices with further office and ancillary accommodation to the first floor. The property has a return frontage and an ATM to each aspect.

VAT

VAT is not applicable to this lot.

Viewings

There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Sandy Hamilton.
Tel: +44 (0)20 7034 4861.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor banking hall and offices with further office and ancillary accommodation to the first floor. The property has a return frontage and an ATM to each aspect.

VAT

VAT is not applicable to this lot.

Viewings

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Ground First	Banking Hall Office and Ancillary	163.96 sq m 68.74 sq m	(1,765 sq ft) (740 sq ft)	CLYDESDALE BANK PLC (1)	15 years from 24/06/2008 until 23/06/2023 on a full repairing and insuring lease	£35,000	24/06/2018
Totals		232.70 sq m	(2,505 sq ft)			£35,000

(1) Founded in Glasgow in 1838, Clydesdale Bank plc is one the largest banks in Scotland. It has over 140 retail branches and since 1987 it has been a member of National Australia Bank Group (NAB), one of the world’s top 40 financial companies with over 12.4 million customers worldwide (Source: www.cbonline.co.uk 14/04/2014). For the year ending 30th September 2013, Clydesdale Bank plc reported a pre-tax loss of -£33,000,000, total current assets of £7,364,000,000 and a total net worth of £2,410,000,000.
(Source: www.riskdisk.com 14/04/2014)