Freehold Bank Investment
Freehold Bank Investment
The property is situated in a prominent corner location on the northern side of High Street, at its junction with Stebbings Court. Nearby occupiers include One Stop and a number of independent retailers.
Freehold.
The property is situated in a prominent corner location on the northern side of High Street, at its junction with Stebbings Court. Nearby occupiers include One Stop and a number of independent retailers.
Freehold.
The property comprises a ground floor banking hall and offices with a staff room on part first floor. In addition there is a self-contained residential flat on the remainder of the first floor. The property also benefits from eight car parking spaces.
VAT is not applicable to this lot.
Band D. Please see legal pack at acuitus.co.uk.
The property comprises a ground floor banking hall and offices with a staff room on part first floor. In addition there is a self-contained residential flat on the remainder of the first floor. The property also benefits from eight car parking spaces.
VAT is not applicable to this lot.
Band D. Please see legal pack at acuitus.co.uk.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground Part First |
Banking Hall/ Offices Ancillary |
176.61 sq m 17.93 sq m |
(1,901 sq ft) (193 sq ft) |
BARCLAYS BANK PLC (1) |
20 years from 25/06/2010 until 24/06/2030 (2) |
£19,800 | 25/06/2020 25/06/2025 |
| Part First | Residential | - |
(-) |
AN INDIVIDUAL | 125 years until 10/01/2133 |
Peppercorn | |
| Total | 394.58 sq m |
(4,247 sq ft) |
£19,800 | ||||
(1) For the year ending 31st December 2017, Barclays Bank Plc reported a turnover of £8,775,000,000, pre-tax profits of £3,166,000,000 and a total net worth of £60,829,000,000 (Source: Experian Group 23/04/2019).
(2) The lease provides for a tenant option to determine at the end of the fifteenth year of the term.
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