27 - 29 Allerton Road Woolton Liverpool Merseyside L25 7RA

27 - 29 Allerton Road
Woolton
Liverpool
Merseyside
L25 7RA

Freehold Bank Investment

Let to Barclays Plc until 2027 (subject to option)
Prominent corner position fronting Allerton Road
Affluent Liverpool suburb
Nearby occupiers include HSBC Bank, William Hill, Lloyds Pharmacy and Barnardo's
For the Seller's Legal Pack, please click the Property Documents tab below

Lot
15
Auction
25th May 2017
Rent
£25,000 per Annum Exclusive
Status
Sold
Price
£422,000
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Important Update Interested?

Expand
Photos
Map

Freehold Bank Investment

Let to Barclays Plc until 2027 (subject to option)
Prominent corner position fronting Allerton Road
Affluent Liverpool suburb
Nearby occupiers include HSBC Bank, William Hill, Lloyds Pharmacy and Barnardo's
For the Seller's Legal Pack, please click the Property Documents tab below

Lot 15
Auction 25th May 2017
Rent £25,000 per Annum Exclusive
Status Sold
Price £422,000
Sector
Bank
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 6.5 miles south east of Liverpool
Roads: A562, M621 (Junction 5), M57 (Junction 1)
Rail: Hunts Cross Rail
Air: Liverpool John Lennon Airport

Situation

Woolton is an affluent suburb some 6.5 miles south-east of Liverpool City Centre. The property is prominently situated on Allerton Street opposite the Duckpond Car Park. Nearby occupiers include HSBC Bank, William Hill, Lloyds Pharmacy and Barnardo's.

Tenure

Freehold.

Location

Miles: 6.5 miles south east of Liverpool
Roads: A562, M621 (Junction 5), M57 (Junction 1)
Rail: Hunts Cross Rail
Air: Liverpool John Lennon Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor banking hall with ground, basement and first floor ancillary accommodation. Part of the first floor comprises a self-contained residential flat which has been let on a long lease.

VAT

VAT is not applicable to this lot.

Completion Period

Six week completion

EPC

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

Description

VAT

VAT is not applicable to this lot.

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	185.59 sq m 5.58 sq m 22.58 sq m	(1,997 sq ft) (60 sq ft) (243 sq ft)	BARCLAYS BANK PLC (1)	20 years from 27/11/2007 (2)	£25,000	24/06/2018 24/06/2023 (26/11/2027)
First	Residential	Not Measured		NORTHUMBERLAND & DURHAM PROPERTY TRUST	125 years from 29/09/2004	Peppercorn	(28/09/2129)
Total		213.75 sq m	(2,300 sq ft)			£25,000

(1) Barclays Bank Plc operates in over 40 countries, with over 130,000 employees worldwide (Source: www.home.barclays.com 21/12/2016). For the year ending 31st December 2015, Barclays Bank Plc reported pre-tax profits of £2,841,000,000 and a total net worth of £55,845,000,000 (Source: Experian Group: 21/12/2016).
(2) The lease provides an option to determine on 26/11/2022.