Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Location
Miles
7 miles south of Bradford,13 miles south-west of Leeds
Roads
A641, A644, M62 (Junction 25)
Rail
Brighouse Railway Station
Air
Leeds Bradford Airport
Situation
The property is prominently situated on the east side of Bradford Road close to its junction with Commercial Street in the heart of Brighouse town centre. Nearby occupiers include a large Sainsbury’s supermarket, Superdrug, Greggs, M&Co and Yorkshire, Lloyds and Santander Banks.
Tenure
Freehold.
Location
Location
Miles
7 miles south of Bradford,13 miles south-west of Leeds
Roads
A641, A644, M62 (Junction 25)
Rail
Brighouse Railway Station
Air
Leeds Bradford Airport
Situation
The property is prominently situated on the east side of Bradford Road close to its junction with Commercial Street in the heart of Brighouse town centre. Nearby occupiers include a large Sainsbury’s supermarket, Superdrug, Greggs, M&Co and Yorkshire, Lloyds and Santander Banks.
Tenure
Freehold.
Description
The property comprises a ground floor banking hall with ancillary accommodation in the basement and self-contained office accommodation on the first and second floor accessed from Bradford Road.
Six Week Completion
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 be a single block viewing for this property. All interested parties must register their details with the Auctioneers prior to the viewing date and provide identification on site. Please contact Will Moore. Email: will.moore@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 with ancillary accommodation in the basement and self-contained office accommodation on the first and second floor accessed from Bradford Road.
Six Week Completion
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 be a single block viewing for this property. All interested parties must register their details with the Auctioneers prior to the viewing date and provide identification on site. Please contact Will Moore. Email: will.moore@acuitus.co.uk
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
Basement Ground
Ancillary Banking Hall
104.88 sq m 126.81 sq m
(1,129 sq ft) (1,365 sq ft)
NATIONAL WESTMINSTER BANK PLC (1)
Approx 21 years from 13/12/2006 until 11/12/2027
£25,100
11/12/2021 (2) 11/12/2026
First & Second
Offices
196.39 sq m
(2,114 sq ft)
VACANT POSSESSION
-
-
-
Totals
428.08 sq m
(4,608 sq ft)
£25,100
(1) National Westminster Bank plc is a wholly owned subsidiary of Royal Bank of Scotland plc who have a market capitalisation rate of £43bn and are 81% owned by HM Government. (Source: www.natwest.com & www.rbs.com) (2)The lease provides for the rent to be reviewed at the next rent review on 11th December 2021 to the higher of Open Market Rental Value or a fixed rental increase of 3.75%.