Barclays Bank Aldermaston Road Tadley Hampshire RG26 4QA

Barclays Bank
Aldermaston Road
Tadley
Hampshire
RG26 4QA

Freehold Bank Investment

Let to Barclays Bank Plc until 2026 (subject to option)
Prominent position on Aldermaston Road (A340)
Future development opportunity (subject to consents)
On site car parking
For the Seller's Legal Pack, please click the Property Documents tab below

Lot
62
Auction
23rd March 2016
Rent
£29,500 per Annum Exclusive
Status
Sold
Price
£466,000
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Freehold Bank Investment

Let to Barclays Bank Plc until 2026 (subject to option)
Prominent position on Aldermaston Road (A340)
Future development opportunity (subject to consents)
On site car parking
For the Seller's Legal Pack, please click the Property Documents tab below

Lot 62
Auction 23rd March 2016
Rent £29,500 per Annum Exclusive
Status Sold
Price £466,000
Sector
Bank
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 8 miles north of Basingstoke, 11 miles south-west of Reading, 33 miles south of Oxford
Roads: A340, M3 (Junction 6), M4 (Junction 12)
Rail: Midgeham Rail
Air: Southampton Airport

Situation

The property occupies a prominent position on the western side of Aldermaston Road (A340), the main route through Tadley from the M3 Motorway (Junction 6). The property is located in a predominantly residential area just north of a large Sainsbury’s Superstore and the local shopping parade at Mulfords Hill.

Tenure

Freehold.

Location

Miles: 8 miles north of Basingstoke, 11 miles south-west of Reading, 33 miles south of Oxford
Roads: A340, M3 (Junction 6), M4 (Junction 12)
Rail: Midgeham Rail
Air: Southampton Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor banking hall with basement and first floor office and ancillary accommodation. The property also benefits from 14 car parking spaces and a site area of 0.09 hectares (0.22 acres).

Six Week Completion

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 Georgina Roberts. Telephone: +44 (0)20 7034 4863.

EPC

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

Description

VAT

VAT is not applicable to this lot.

Viewings

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 First	Ancillary Banking Hall/Ancillary Office/Ancillary	61.80 sq m 206.20 sq m 79.89 sq m	(665 sq ft) (2,220 sq ft) (860 sq ft)	BARCLAYS BANK PLC (1)	20 years from 27/04/2006 until 22/05/2026 on a full repairing and insuring lease (2) (3)	£29,500	01/01/2017 and 01/01/2022
Totals		347.89 sq m	(3,745 sq ft)			£29,500

(1) For the year ending 31st December 2014, Barclays Bank Plc reported pre-tax profits of £2,309,000,000 and a total net worth of £55,576,000,000. (Source: www.riskdisk.com 18/02/2016)
(2) The lease provides an option to determine on 27th April 2021.
(3) The lease is subject to a schedule of condition.