54 North Street Keighley West Yorkshire BD21 3SJ

54 North Street
Keighley
West Yorkshire
BD21 3SJ

Freehold Bank Investment

Let to Lloyds Bank Plc by way of recently extended lease
10 year lease from June 2019 (subject to option)
Approximately 284.28 sq m (3,060 sq ft)
Prominent and busy corner location
Adjacent to Airedale Shopping Centre and opposite Barclays, NatWest and Yorkshire Banks
VAT-free Bank Investment

Lot
2
Auction
9th July 2020
Rent
£30,000 per Annum Exclusive
Status
Sold
Price
£300,000
Auction Venue
Live Streamed Auction

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Freehold Bank Investment

Let to Lloyds Bank Plc by way of recently extended lease
10 year lease from June 2019 (subject to option)
Approximately 284.28 sq m (3,060 sq ft)
Prominent and busy corner location
Adjacent to Airedale Shopping Centre and opposite Barclays, NatWest and Yorkshire Banks
VAT-free Bank Investment

Lot 2
Auction 9th July 2020
Rent £30,000 per Annum Exclusive
Status Sold
Price £300,000
Sector
Bank
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 11 miles north-west of Bradford; 20 miles north-west of Leeds; 26 miles south-west of Harrogate
Roads: A629, A650, M65
Rail: Keighley
Air: Leeds Bradford Airport

Situation

Keighley is a busy West Yorkshire town located 11 miles north-west of Bradford. The property is located in a prominent corner position on North Street, at its junction with Bow Street in the heart of the town centre. The property is located next to Airedale Shopping Centre with occupiers including Holland & Barrett, Farmfoods and Superdrug, and is located opposite other major banks including Barclays, NatWest and Yorkshire Banks.

Tenure

Freehold.

Location

Miles: 11 miles north-west of Bradford; 20 miles north-west of Leeds; 26 miles south-west of Harrogate
Roads: A629, A650, M65
Rail: Keighley
Air: Leeds Bradford Airport

Situation

Tenure

Freehold.

Description

The property comprises a three storey building, arranged as a ground floor banking hall with ancillary accommodation on the basement and first floors.

VAT

VAT is not applicable to this lot.

EPC

Available from the legal pack at www.acuitus.co.uk.

Description

The property comprises a three storey building, arranged as a ground floor banking hall with ancillary accommodation on the basement and first floors.

VAT

VAT is not applicable to this lot.

EPC

Available from the legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review
Ground Basement First	Banking Hall/ Ancillary Ancillary Ancillary	195.28 sq m 62.80 sq m 26.20 sq m	(2,102 sq ft) (676 sq ft) (282 sq ft)	LLOYDS BANK PLC (1)	10 years from 24/06/2019 until 23/06/2029 (2) on a full repairing and insuring lease	£30,000	24/06/2024
Total		284.28 sq m	(3,060 sq ft)			£30,000

(1) For the year ending 31st December 2018 Lloyds Bank Plc reported a pre-tax profit of 4,929,000,000 and shareholder funds of 40,280,000,000 (source: SmartSearch 03/06/2020).
(2) The lease is subject to a tenant option to determine on 23/06/2024.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.