Entirely let to Lloyds Bank plc until 2021 (subject to option)
Tenant in occupation for at least 18 years
Benefits fr0m a self-contained 2 bedroom flat
Nearby occupiers include Co-operative Pharmacy, HSBC and Barclays
<a href="/media/31634/legal title report - v3.pdf" target="_blank" title="legal title report">Legal Title Report available here</a>
Lot 53
Auction 23rd October 2014
Rent £14,500 per Annum Exclusive
Status Sold
Price £285,000
Sector Bank
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
On behalf of Administrators Zolfo Cooper
Property Information
Location
Miles
16 miles north-west of Haverfordwest
48 miles west of Carmarthen
Roads
A487
Rail
Haverfordwest Rail
Air
Cardiff International Airport
Situation
The property is situated in a prominent position on the south side of Cross Square. Cross Square lies between St David’s Cathedral and the High Street with nearby occupiers including Co-operative Pharmacy, HSBC, Barclays and a number of independent shops, pubs and cafés.
Tenure
Freehold.
Location
Miles
16 miles north-west of Haverfordwest
48 miles west of Carmarthen
Roads
A487
Rail
Haverfordwest Rail
Air
Cardiff International Airport
Situation
The property is situated in a prominent position on the south side of Cross Square. Cross Square lies between St David’s Cathedral and the High Street with nearby occupiers including Co-operative Pharmacy, HSBC, Barclays and a number of independent shops, pubs and cafés.
Tenure
Freehold.
Description
The property comprises a ground floor banking hall, basement storage, ancillary accommodation on part first floor and a self-contained 2 bedroom residential flat on the remaining first floor. Additionally there are two outbuildings in the yard to the rear of the property that the auctioneers were unable to inspect.
Legal Title Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
Note
This property is being marketed for sale on behalf of Administrators and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Administrators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Administrators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
VAT
VAT is not applicable to this lot.
Viewings
There will be one block viewing for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Henry Wilkinson. Tel: 020 7034 4861. Email: henry.wilkinson@acuitus.co.uk
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor banking hall, basement storage, ancillary accommodation on part first floor and a self-contained 2 bedroom residential flat on the remaining first floor. Additionally there are two outbuildings in the yard to the rear of the property that the auctioneers were unable to inspect.
Legal Title Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
Note
This property is being marketed for sale on behalf of Administrators and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Administrators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Administrators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
VAT
VAT is not applicable to this lot.
Viewings
There will be one block viewing for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Henry Wilkinson. Tel: 020 7034 4861. Email: henry.wilkinson@acuitus.co.uk
EPC
The EPC will be available to view online in the solicitor’s legal pack.
10 years from 24/06/2011 on a full repairing and insuring lease (3)
£14,500 (3)
24/06/2016 (23/06/2021)
Totals
168.57 sq m
(1,814 sq ft)
£14,500 (3)
(1) For the year ending 31st December 2013, Lloyds Bank plc reported a pre-tax profit of £894,000,000 and a net worth of £34,109,000,000. (Source: www.riskdisk.com 20/08/2014) (2)The tenant has sublet the flat. (3)The lease provides for a tenant’s option to determine on the 23rd June 2016 on 6 months’ written notice. If the option to determine is not activated, the tenant will benefit from a 6 month rent free period from 24th June 2016.
Contacts
Seller's Solicitors
Addleshaw Goddard LLP One St. Peter's Square Manchester M2 3DE
