Freehold Bank Investment
Freehold Bank Investment
The property is situated in a prominent position at the corner of Bearwood Road and Rutland Road.
Freehold.
The property is situated in a prominent position at the corner of Bearwood Road and Rutland Road.
Freehold.
The property comprises a GROUND FLOOR BANKING HALL with ANCILLARY ACCOMMODATION on the first floor and basement. It benefits from a single storey ground floor extension to the rear. VATVAT is not applicable to this lot. ViewingsThere will be only one viewing date. Interested parties mustregister their details and provide identification on-site.Please contact Harry Woolley.Tel: +44 (0)20 7034 4858.Email: harry.woolley@acuitus.co.uk
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a GROUND FLOOR BANKING HALL with ANCILLARY ACCOMMODATION on the first floor and basement. It benefits from a single storey ground floor extension to the rear. VATVAT is not applicable to this lot. ViewingsThere will be only one viewing date. Interested parties mustregister their details and provide identification on-site.Please contact Harry Woolley.Tel: +44 (0)20 7034 4858.Email: harry.woolley@acuitus.co.uk
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground First Basement |
Retail |
162.67 sq m |
(1,715 sq ft) (622 sq ft) (358 sq ft) |
BARCLAYS BANK PLC (1) | 20 years from 22/03/2006 until 2026 (2)(3) |
£33,900 | 2015 and 2020 |
| Total Floor Area | 253.70 sq m |
(2,695 sq ft) |
£33,900 | ||||
(1)?For the year ending 31st December 2008 Barclays Bank plc reported a turnover of ?40,983,000,000, pre-tax profits of ?6,035,000,000 and a net worth of ?30,800,000,000. (Source: riskdisk.com 16/04/2010) (2)?The lease provides for a tenant's option to determine the lease on the fifteenth anniversary. (3)?The lease is subject to a schedule of condition.
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