Lloyds Bank 5 Market Square Stafford Staffordshire ST16 2JL

  • Lloyds Bank<br>5 Market Square<br>Stafford<br>Staffordshire<br>ST16 2JL

Lloyds Bank
5 Market Square
Stafford
Staffordshire
ST16 2JL

Freehold Bank Investment

  • Entirely let to Lloyds Bank plc until June 2026 (no breaks)
  • Originally the Old Bank, founded in 1737 and incorporated with Lloyds in 1866
  • Prime town centre location close to Boots the Chemist, HSBC, River Island, Pizza Express and The Body Shop
  • VAT free Investment
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    6
  • Auction
    9th July 2015
  • Rent
    £79,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,330,000
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of trustees of a major pension fund
Important UpdateInterested?
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Freehold Bank Investment

  • Entirely let to Lloyds Bank plc until June 2026 (no breaks)
  • Originally the Old Bank, founded in 1737 and incorporated with Lloyds in 1866
  • Prime town centre location close to Boots the Chemist, HSBC, River Island, Pizza Express and The Body Shop
  • VAT free Investment
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 6
  • Auction 9th July 2015
  • Rent £79,000 per Annum Exclusive
  • Status Sold
  • Price £1,330,000
  • Sector
    Bank
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of trustees of a major pension fund

Property Information

Location
Miles
16 miles north of Wolverhampton
30 miles north of Birmingham
Roads
A449, M6
Rail
Stafford Rail
Air
Birmingham International
Situation

Stafford is an affluent and popular county town and the administrative centre of Staffordshire. The property is situated in a prime position within Stafford town centre on the eastern side of Market Square, at its junction with Market Street and close to its junctions with Gaolgate Street and Greengate Street.
Guildhall Shopping Centre and the prominent Shire Hall, which houses the town’s library and gallery, and are both situated opposite the property with other nearby occupiers including Boots the Chemist, HSBC, River Island, Pizza Express and The Body Shop.

Tenure

Freehold.

Location
Miles
16 miles north of Wolverhampton
30 miles north of Birmingham
Roads
A449, M6
Rail
Stafford Rail
Air
Birmingham International
Situation

Stafford is an affluent and popular county town and the administrative centre of Staffordshire. The property is situated in a prime position within Stafford town centre on the eastern side of Market Square, at its junction with Market Street and close to its junctions with Gaolgate Street and Greengate Street.
Guildhall Shopping Centre and the prominent Shire Hall, which houses the town’s library and gallery, and are both situated opposite the property with other nearby occupiers including Boots the Chemist, HSBC, River Island, Pizza Express and The Body Shop.

Tenure

Freehold.

Description

The property, a Grade II Listed building, comprises a banking hall with ancillary accommodation on the ground floor, basement storage accommodation and ancillary accommodation on the first and second floors.

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 block viewings for this property. 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, a Grade II Listed building, comprises a banking hall with ancillary accommodation on the ground floor, basement storage accommodation and ancillary accommodation on the first and second floors.

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 block viewings for this property. 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 Reviews
Ground
Basement
First
Second
Banking Hall/Ancillary
Ancillary
Ancillary
Ancillary
310.75 sq m
117.05 sq m
121.70 sq m
179.76 sq m
(3,345 sq ft)
(1,260 sq ft)
(1,310 sq ft)
(1,935 sq ft)
LLOYDS BANK PLC (1) 15 years from 24/06/2011 until 23/06/2026 on a full repairing and insuring lease £79,000 24/06/2016 and
24/06/2021
Totals  
729.26 sq m
(7,850 sq ft)
    £79,000

For the year ending 31st December 2014, Lloyds Bank plc reported pre-tax profits of £2,289,000,000 and a total net worth of £39,827,000,000.
(Source: www.riskdisk.com 03/06/2015)

Contacts

Seller's Solicitors
Shepherd and Wedderburn LLP Condor House10 St Paul's Churchyard
London
EC4M 8AL
Elaine Colville +44 (0)20 7429 4900elaine.colville@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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