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
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.
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.
