Freehold Bank Investment
Freehold Bank Investment
The property is situated on the northern side of the pedestrianised section of Guildhall Hill, at its junction with Goal Hill and Gentleman's Walk, in the heart of the City Centre. Gentleman's Walk houses retailers including Primark, Top Shop and WH Smith, with other nearby occupiers including Tesco Metro, Jack Wills, Caffè Nero and The White Company.
Freehold.
The property is situated on the northern side of the pedestrianised section of Guildhall Hill, at its junction with Goal Hill and Gentleman's Walk, in the heart of the City Centre. Gentleman's Walk houses retailers including Primark, Top Shop and WH Smith, with other nearby occupiers including Tesco Metro, Jack Wills, Caffè Nero and The White Company.
Freehold.
The property comprises a ground floor banking hall, with ancillary accommodation on basement and ancillary and office accommodation on first, second and third floors.
VAT is not applicable to this lot.
Six Week Completion
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 basement and ancillary and office accommodation on first, second and third floors.
VAT is not applicable to this lot.
Six Week Completion
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 | Reversion | |
|---|---|---|---|---|---|---|---|
| Ground Basement (Trap Door Access) First Second Third (unused) |
Banking Hall Ancillary Offices/Ancillary Offices/Ancillary Offices/Ancillary |
128.95 sq m 55.00 sq m 60.02 sq m 63.92 sq m 13.94 sq m |
(1,388 sq ft) (592 sq ft) (646 sq ft) (688 sq ft) (150 sq ft) |
TSB BANK PLC (1) |
15 years from 21/12/2006 on a full repairing and insuring lease (2) |
£60,000 | 20/12/2021 |
| Total | 321.83 sq m |
(3,464 sq ft) |
£60,000 | ||||
(1) For the year ending 31st December 2016, TSB Bank Plc reported pre-tax profits of £182,300,000 and a total net worth of £1,879,200,000 (Source: Experian Group 08/06/2017).
(2) Mid term repairing and redecoration liabilities on the upper floors and plant rooms are limited - please see the lease.
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