Freehold Bank Investment
Freehold Bank Investment
The property is situated in a prominent corner location on the southern side of Western Street, one of the town's principal retail thoroughfares, at its junction with Clarence Square. Nearby occupiers include Topshop, Vodafone, HMV, Primark and Coffee Republic.
Freehold.
The property is situated in a prominent corner location on the southern side of Western Street, one of the town's principal retail thoroughfares, at its junction with Clarence Square. Nearby occupiers include Topshop, Vodafone, HMV, Primark and Coffee Republic.
Freehold.
The property comprises a GROUND FLOOR BANKING HALL with a further CUSTOMER AREA on the first floor, STAFF AND ANCILLARY ACCOMMODATION on the second floor and ANCILLARY ACCOMMODATION in the basement. There is no current access to the attic level.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a GROUND FLOOR BANKING HALL with a further CUSTOMER AREA on the first floor, STAFF AND ANCILLARY ACCOMMODATION on the second floor and ANCILLARY ACCOMMODATION in the basement. There is no current access to the attic level.
VAT is not applicable to this lot.
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 | Review/(Reversion) | |
|---|---|---|---|---|---|---|---|
| Ground |
Banking Hall |
53.41 sq m |
(575 sq ft) |
BRADFORD & BINGLEY PLC (1)(2) (t/a Santander) |
Approximately 15 years from 25/12/2003 on a full repairing and insuring lease | £47,300 | 25/12/2013 (24/12/2018) |
| Totals | 173.26 sq m |
(1,865 sq ft) |
£47,300 | ||||
(1) As of 29th September 2008, all of Bradford & Bingley’s retail branches and its savings accounts were transferred to Abbey. On 11th January 11th these were rebranded to Santander. The remainder of the business was taken into public ownership by the government. (Source: www.bradford-bingley.co.uk 26/10/2010)NB This property is being marketed on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given The LPA Receivers are not bound to accept the highest or any offer and are acting without personal liability
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