Natwest Bank Main Road Hathersage, Hope Valley Derbyshire S32 1BB

  • Natwest Bank<br>Main Road<br>Hathersage, Hope Valley<br>Derbyshire<br>S32 1BB

Natwest Bank
Main Road
Hathersage, Hope Valley
Derbyshire
S32 1BB

Freehold Bank and Residential Investment

  • Predominantly let to National Westminster Bank plc until 2026 (no breaks)
  • Fixed minimum rental increase in 2021
  • Benefits from residential flat on part first and second floors let on an AST
  • Planning permission (now expired) to convert upper parts to 2 residential flats (subject to consents)
  • Prominent position in a popular Peak District Tourist Destination
  • Nearby occupiers include Lloyds Pharmacy, Post Office and SPAR
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    3
  • Auction
    21st May 2015
  • Rent
    £22,600 per Annum Exclusive
  • Status
    Sold
  • Price
    £505,000
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Trustees
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Freehold Bank and Residential Investment

  • Predominantly let to National Westminster Bank plc until 2026 (no breaks)
  • Fixed minimum rental increase in 2021
  • Benefits from residential flat on part first and second floors let on an AST
  • Planning permission (now expired) to convert upper parts to 2 residential flats (subject to consents)
  • Prominent position in a popular Peak District Tourist Destination
  • Nearby occupiers include Lloyds Pharmacy, Post Office and SPAR
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 3
  • Auction 21st May 2015
  • Rent £22,600 per Annum Exclusive
  • Status Sold
  • Price £505,000
  • Sector
    Bank
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Trustees

Property Information

Location
Miles
10 miles south-west of Sheffield, 12 miles north-west of Chesterfield, 31 miles south-east of Manchester
Roads
A6, A61, A623, A6187, M1
Rail
Hathersage Railway Station
Air
Manchester Airport
Situation

Hathersage is an attractive village in the popular Hope Valley region of the Peak District. The property is situated in a conservation area and in a prominent position on the A6187 Main
Road which runs through the village centre. Nearby occupiers include Lloyds Pharmacy, Post Office and SPAR with other numerous boutique delis, cafes and independent retailers catering
to the tourist industry.

Tenure

Freehold.

Location
Miles
10 miles south-west of Sheffield, 12 miles north-west of Chesterfield, 31 miles south-east of Manchester
Roads
A6, A61, A623, A6187, M1
Rail
Hathersage Railway Station
Air
Manchester Airport
Situation

Hathersage is an attractive village in the popular Hope Valley region of the Peak District. The property is situated in a conservation area and in a prominent position on the A6187 Main
Road which runs through the village centre. Nearby occupiers include Lloyds Pharmacy, Post Office and SPAR with other numerous boutique delis, cafes and independent retailers catering
to the tourist industry.

Tenure

Freehold.

Description

The property comprises a ground floor banking hall with ancillary accommodation on part first floor. The property also benefits from a self-contained residential flat on part first and second floors and a parking area.

Buyer's Legal 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.

VAT

VAT is not applicable to this lot.

Viewings

There will only be one viewing date. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Will Moore.
Telephone: +44 (0)20 7034 4858.

EPC

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

Description

The property comprises a ground floor banking hall with ancillary accommodation on part first floor. The property also benefits from a self-contained residential flat on part first and second floors and a parking area.

Buyer's Legal 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.

VAT

VAT is not applicable to this lot.

Viewings

There will only be one viewing date. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Will Moore.
Telephone: +44 (0)20 7034 4858.

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 Review/(Reversion)
Ground
Part First
Banking Hall/Ancillary
Ancillary
94.88 sq m
67.02 sq m
(1,022 sq ft)
(721 sq ft)
NATIONAL WESTMINSTER BANK PLC (1) 20 years from 11/12/2006 on a full repairing and insuring lease (2) £16,600 11/12/2021 (3)
(10/12/2026)
Part First & Second Residential
(–)
INDIVIDUAL Let on an AST for a term of 6 months from 22/08/2011 £6,000 (4) Holding Over
Totals  
161.90 sq m
(1,743 sq ft)
    £22,600

(1) National Westminster Bank plc is a wholly owned subsidiary of Royal Bank of Scotland plc who have a market capitalisation of £43bn and are 81% owned by HM Government. (Source: www.natwest.com & www.rbs.com)
(2)There is a service charge cap rising annually in line with RPI.
(3)The rent is reviewed to the higher of open market rental value or 3.75%.
(4)The rent for the residential flat has been annualised.

Contacts

Seller's Solicitors
Shepherd and Wedderburn LLP Condor House, 10 St. Paul's Churchyard
London
EC4M 8AL
Lauren McLeod 0207 429 4959lauren.mcleod@shepwedd.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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