Yorkshire Bank 81 Carlton Street Castleford West Yorkshire WF10 1BW

  • Yorkshire Bank<br>81 Carlton Street<br>Castleford<br>West Yorkshire<br>WF10 1BW

Yorkshire Bank
81 Carlton Street
Castleford
West Yorkshire
WF10 1BW

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
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    82
  • Auction
    7th July 2016
  • Rent
    £47,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £482,000
  • 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
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 82
  • Auction 7th July 2016
  • Rent £47,500 per Annum Exclusive
  • Status Sold
  • Price £482,000
  • Sector
    Bank
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of Receivers CBRE

Property Information

Location
Miles
10 miles south-east of Leeds
20 miles south-west of York
Roads
M62, A1(M)
Rail
Castleford Railway Station
Air
Leeds Bradford Airport
Situation

The property is situated in the heart of the town centre on the south side of pedestrianised Carlton Street, the towns principal retailing thoroughfare. The Carlton Lanes Shopping Centre is close by housing retailers including Marks & Spencer, Boots the Chemist, Peacocks, JD Sports and New Look. Other nearby occupiers include Superdrug, Poundstretcher, Wilko, Halifax, Lloyds and HSBC banks.

Tenure

Freehold.

Location
Miles
10 miles south-east of Leeds
20 miles south-west of York
Roads
M62, A1(M)
Rail
Castleford Railway Station
Air
Leeds Bradford Airport
Situation

The property is situated in the heart of the town centre on the south side of pedestrianised Carlton Street, the towns principal retailing thoroughfare. The Carlton Lanes Shopping Centre is close by housing retailers including Marks & Spencer, Boots the Chemist, Peacocks, JD Sports and New Look. Other nearby occupiers include Superdrug, Poundstretcher, Wilko, Halifax, Lloyds and HSBC banks.

Tenure

Freehold.

Description

The property comprises a double fronted ground floor banking hall with ancillary accommodation on the first and second floors.

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 30th June 2016 at 10.00am. Interested parties must register their details with the Auctioneers by 27th 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 double fronted ground floor banking hall with ancillary accommodation on the first and second floors.

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 30th June 2016 at 10.00am. Interested parties must register their details with the Auctioneers by 27th 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
First
Second
Banking Hall/Anillcary
Ancillary
Ancillary
257.69 sq m
177.16 sq m
117.05 sq m
(2,774 sq ft)
(1,907 sq ft)
(1,260 sq ft)
CLYDESDALE
BANK PLC (1) t/a
Yorkshire Bank
10 years from 12/05/2016
on a full repairing and
insuring lease (2)
£47,500 12/05/2021
(11/05/2026)
Totals  
551.90 sq m
(5,941 sq ft)
    £47,500

(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 12th 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

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