Attractive Heritable Bank Investment
Attractive Heritable Bank Investment
The property is prominently situated in the heart of the town centre, on the west side of the pedestrianised High Street. Nearby occupiers include Boots, Vodafone, Pandora, WH Smith, Caffè Nero and Greggs.
Heritable. (Scottish equivalent of English Freehold).
The property is prominently situated in the heart of the town centre, on the west side of the pedestrianised High Street. Nearby occupiers include Boots, Vodafone, Pandora, WH Smith, Caffè Nero and Greggs.
Heritable. (Scottish equivalent of English Freehold).
The property, a Category C Listed building, comprises a ground floor banking hall and forms part of a larger building.
VAT is applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
The property, a Category C Listed building, comprises a ground floor banking hall and forms part of a larger building.
VAT is 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 | Review/ (Reversion) |
|
|---|---|---|---|---|---|---|---|
| Ground | Banking Hall/Ancillary |
270.28 sq m |
(2,909 sq ft) |
BARCLAYS BANK PLC (1) |
20 years from 26/02/2007 on a full repairing and insuring lease (2) |
£72,000 | 24/06/2019 (25/02/2027) |
| Total |
270.28 sq m |
(2,909 sq ft) |
£72,000 | ||||
(1) For the year ending 31st December 2016, Barclays Bank Plc reported pre-tax profits of £4,383,000,000 and a total net worth of £60,085,000,000 (Source: Experian Group 19/09/2017).
(2) The lease is subject to a tenant option to determine on 25th February 2022 and a rolling option to determine thereafter on providing six months’ prior notice. The lease is also subject to a schedule of condition.
By clicking the Submit button I confirm that I would like to get updates on this Property. Please email me updates when they are published.
If you have a query, please fill in the box below, otherwise click the Submit button.
We will keep you updated about lot xthis property.
In the meantime, if you would like to speak to the Surveyor about this property, please call on .
Are you sure you want to remove this property from your Watch List?
Are you sure you are no longer interested in this property?
Are you sure you want to delete your Account?
