Tenancy & Accommodation
| Unit |
Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Review/(Reversion) |
| 1 & 2 Market Place |
Ground/First |
Bank/Ancillary |
336.03 sq m |
(3,617 sq ft) |
CLYDESDALE
BANK PLC (t/a
Yorkshire Bank) (1) |
10 years from and including
10/08/2009 |
£53,250 |
(09/08/2019) |
| 3 Market Place |
Ground |
Retail/Ancillary |
117.06 sq m |
(1,260 sq ft) |
INDIVIDUALS
(t/a Coffee Rio) |
15 years from 01/06/2006 |
£30,000 |
01/06/2018 |
| 4 The Borough |
Ground/First |
Bank/Ancillary
and ATM |
184.50 sq m |
(1,986 sq ft) |
BARCLAYS BANK
PLC (2) |
Approx 17 years 9 months
from and including
29/09/2009 until 21/06/2027
(3) |
£28,000 |
29/09/2014 (4)
29/09/2019 |
| 3A Market Place |
First |
Office |
97.83 sq m |
(1,053 sq ft) |
VACANT POSSESSION |
|
|
|
| Market Room |
Ground |
Ancillary |
11.61 sq m |
(125 sq ft) |
VACANT POSSESSION |
|
|
|
| Totals |
|
|
747.03 sq m |
(8,041 sq ft) |
|
|
£111,250 |
|
(1) Yorkshire Bank is a trading name of Clydesdale Bank Plc. Founded in 1859, Yorkshire Bank has 182 retail branches plus 22 business and private banking centres.
(Source: www.ybonline.co.uk 23/02/2016)
(2) 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: Experian Group 23/02/2016)
(3) The lease to Barclays Bank Plc provides an option to determine on 21st June 2022. The tenant also occupies an interconnecting adjoining property. The demise being offered for sale comprises banking ancillary accommodation and provides an ATM and access fronting Market Place.
(4) The 2014 rent review is outstanding.
