Freehold Bank Investment
Freehold Bank Investment
The property is prominently located in the town centre, on the east side of the pedestrianised Queen Street. Neighbouring occupiers include Boots Pharmacy, Card Factory, Ladbrokes, Greggs and Morrisons.
Freehold.
The property is prominently located in the town centre, on the east side of the pedestrianised Queen Street. Neighbouring occupiers include Boots Pharmacy, Card Factory, Ladbrokes, Greggs and Morrisons.
Freehold.
The property comprises banking accommodation on the ground floor and ancillary accommodation on the first floor.
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 banking accommodation on the ground floor and ancillary accommodation on the first floor.
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 First |
Banking Hall Ancillary |
108.22 sq m 132.84 sq m |
(1,165 sq ft) (1,430 sq ft) |
SANTANDER PLC (1) |
15 years from 30/06/2008 on a full repairing and insuring lease |
£33,500 | 29/06/2023 |
| Total |
241.06 sq m |
(2,595 sq ft) |
£33,500 | ||||
(1) For the year ending 31st March 2017, Santander Plc reported a turnover of £1,222,000,000, a pre-tax profit of £1,817,000,000 and a total net worth of £14,311,000,000 (Source: Experian Group 20/4/2018).
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