Yorkshire Bank 20 / 20A Albert Road Widnes Cheshire WA8 6JG

  • Yorkshire Bank<br>20 / 20A Albert Road<br>Widnes<br>Cheshire<br>WA8 6JG

Yorkshire Bank
20 / 20A Albert Road
Widnes
Cheshire
WA8 6JG

Freehold Bank Investment

  • Entirely let to Clydesdale Bank Plc t/a Yorkshire Bank
  • 10 year lease renewal until 2026 (subject to option) at a re-based rent
  • Tenant in occupation since at least 1999
  • Pedestrianised town centre location adjacent to the Green Oaks Shopping Centre
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    66
  • Auction
    7th July 2016
  • Rent
    £35,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £422,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of Receivers CBRE
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Freehold Bank Investment

  • Entirely let to Clydesdale Bank Plc t/a Yorkshire Bank
  • 10 year lease renewal until 2026 (subject to option) at a re-based rent
  • Tenant in occupation since at least 1999
  • Pedestrianised town centre location adjacent to the Green Oaks Shopping Centre
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 66
  • Auction 7th July 2016
  • Rent £35,000 per Annum Exclusive
  • Status Sold
  • Price £422,000
  • Sector
    Bank
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of Receivers CBRE

Property Information

Location
Miles
12 miles south-east of Liverpool
30 miles south-west of Manchester
Roads
A557, A561, M62, M57
Rail
Widnes Railway Station
Air
Liverpool John Lennon Airport
Situation

The property is situated on the east side of pedestrianised Albert Road, immediately adjacent to the Green Oaks Shopping Centre which houses retailers including Morrisons, T J Hughes, Argos, Holland & Barrett, Peacocks and Rymans. The Albert Square Shopping Centre is also close by housing retailers including WH Smith, Iceland, Poundworld, 99p Stores and Savers. Other nearby occupiers include Clarks, Thomson, B&M Bargains, Coral, Halifax and Santander Banks.

Tenure

Freehold.

Location
Miles
12 miles south-east of Liverpool
30 miles south-west of Manchester
Roads
A557, A561, M62, M57
Rail
Widnes Railway Station
Air
Liverpool John Lennon Airport
Situation

The property is situated on the east side of pedestrianised Albert Road, immediately adjacent to the Green Oaks Shopping Centre which houses retailers including Morrisons, T J Hughes, Argos, Holland & Barrett, Peacocks and Rymans. The Albert Square Shopping Centre is also close by housing retailers including WH Smith, Iceland, Poundworld, 99p Stores and Savers. Other nearby occupiers include Clarks, Thomson, B&M Bargains, Coral, Halifax and Santander Banks.

Tenure

Freehold.

Description

The property comprises a ground floor banking hall with ancillary accommodation on the first floor and basement.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Viewings

There will be a single block viewing for this property on 28th June 2016 at 3pm. Interested parties must register their details with the Auctioneers by 25th June 2016 and provide identification on site. Please contact Will Moore. Email: will.moore@acuitus.co.uk

Completion Period

Six Week Completion

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 the first floor and basement.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Viewings

There will be a single block viewing for this property on 28th June 2016 at 3pm. Interested parties must register their details with the Auctioneers by 25th June 2016 and provide identification on site. Please contact Will Moore. Email: will.moore@acuitus.co.uk

Completion Period

Six Week Completion

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
Basement
First 		Banking Hall/Ancillary
Ancillary
Ancillary
177.90 sq m
90.67 sq m
41.81 sq m
(1,915 sq ft)
(976 sq ft)
(450 sq ft)
 CLYDESDALE
BANK PLC (1)
t/a Yorkshire Bank		 10 years from
01/06/2016 on a full
repairing and
insuring lease (2)		 £35,000 31/05/2021
(31/05/2026)
Totals  
310.38 sq m
(3,341 sq ft)
     £35,000

(1) Founded in Glasgow in 1838, Clydesdale Bank plc is one of the largest banks in Scotland. Yorkshire Bank is a trading name of Clydesdale Bank plc and joined the Group in 1990, operating from over 150 branches and 22 business and private banking centres in the UK (Source: www.cybg.com).
(2) The lease is subject to a tenant option to determine on 31st May 2021.

Contacts

Seller's Solicitors
Walker Morris LLP Kings Court, 12 King Street
Leeds
LS1 2HL
Richard Brearley 0113 283 2500richard.brearley@walkermorris.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
AquillaNatasha Ward+44 (0)20 3159 4314+44 (0)7545 208 759natashaw@aquillaib.co.uk

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