Bank House 72 - 82 Church Street Eccles Manchester M30 0DA

Bank House
72 - 82 Church Street
Eccles
Manchester
M30 0DA

Freehold Bank/Residential Investment

Ground and part first floor let to Royal Bank of Scotland Plc until 2025 (no breaks)
Minimum increase to £31,175 p.a.x. in 2020
Prominent pedestrianised town centre location
Adjacent to Eccles Shopping Centre and opposite the town’s bus station
Nearby occupiers include Morrisons, Wilko, Boots, Specsavers and Greggs

Lot
78
Auction
18th October 2018
Rent
£29,000 per Annum Exclusive
Status
Withdrawn Prior
Price
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Freehold Bank/Residential Investment

Ground and part first floor let to Royal Bank of Scotland Plc until 2025 (no breaks)
Minimum increase to £31,175 p.a.x. in 2020
Prominent pedestrianised town centre location
Adjacent to Eccles Shopping Centre and opposite the town’s bus station
Nearby occupiers include Morrisons, Wilko, Boots, Specsavers and Greggs

Lot 78
Auction 18th October 2018
Rent £29,000 per Annum Exclusive
Status Withdrawn Prior
Price
Sector
Bank
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 4 miles west of Manchester city centre
Roads: M602, M60, M62
Rail: Eccles Railway Station
Air: Manchester Airport

Situation

The property is situated in a highly prominent position on pedestrianised Church Street, opposite the town’s busy bus station, a Morrisons supermarket and a large public car park. Additionally, the property benefits from being adjacent to Eccles Shopping Centre, which houses occupiers including Wilko, Boots, Specsavers, Greggs, Peacocks and Bonmarché.

Tenure

Freehold. Freehold and part Virtual Freehold. Part of the property is held on a 999 year lease from 26/08/1851 at a rent of £30 per annum.

Location

Miles: 4 miles west of Manchester city centre
Roads: M602, M60, M62
Rail: Eccles Railway Station
Air: Manchester Airport

Situation

Tenure

Freehold. Freehold and part Virtual Freehold. Part of the property is held on a 999 year lease from 26/08/1851 at a rent of £30 per annum.

Description

The property comprises a ground floor banking hall with part first floor ancillary accommodation. Additionally, there is selfcontained residential accommodation on part first and second floors which has been let on a long lease.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Description

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review
Ground Part First	Banking Hall Office/Ancillary	222.30 sq m 49.30 sq m	(2,393 sq ft) (531 sq ft)	ROYAL BANK OF SCOTLAND PLC (1)	20 years from 09/06/2005 until 23/06/2025	£29,000	Minimum increase to £31,175 p.a.x. on 01/06/2020
Part First & Second	Residential	Not measured		SNAPCO 5 LIMITED	250 years from 26/05/2016 until 25/05/2266	Peppercorn	-
Total		271.60 sq m	(2,924 sq ft)			£29,000