Bank House 82 Church Street Eccles Greater Manchester M30 0DA

  • Bank House<br>82 Church Street<br>Eccles<br>Greater Manchester<br>M30 0DA

Bank House
82 Church Street
Eccles
Greater Manchester
M30 0DA

Freehold Bank Investment

  • Ground and part first floor let to Royal Bank of Scotland Plc until 2025 (no breaks) (1)
  • 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
    69
  • Auction
    5th December 2018
  • Rent
    £29,000 per Annum
  • Status
    Sold
  • Price
    £250,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Freehold Bank Investment

  • Ground and part first floor let to Royal Bank of Scotland Plc until 2025 (no breaks) (1)
  • 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 69
  • Auction 5th December 2018
  • Rent £29,000 per Annum
  • Status Sold
  • Price £250,000
  • 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

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.

Description

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

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk

Description

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

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review
Ground
Part First		 Banking Hall
Staff/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  

(1) The branch is scheduled to close in November 2018. Please see https://personal.rbs.co.uk/personal/ways-to-bank-EW/branchclosures-EW.html
N.B. The areas stated have been provided by the Valuation Office Agency (VOA).

Contacts

Seller's Solicitors
DWF LLP 5 St Paul's Square, Old Hall Street
Liverpool
L3 9AE
Laura Fleet 0151 907 3257 E 683257Laura.Fleet@dwf.law  Annabelle Richards 0333 320 2220 Annabelle.Richards@dwf.law

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
AquillaNatasha Ward+44 (0)20 3159 4314+44 (0)7545 208 759natashaw@aquillaib.co.uk

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