Freehold Bank Investment
Freehold Bank Investment
The property is situated in a prominent corner location on the western side of the High Street, at its junction with Stebbings Court.
Freehold.
The property is situated in a prominent corner location on the western side of the High Street, at its junction with Stebbings Court.
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 8 car parking spaces. VATVAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
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 8 car parking spaces. VATVAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground First |
Banking Ancillary |
176.6 sq m |
(1,901 sq ft) (193 sq ft) |
BARCLAYS BANK PLC (1) | 20 years from completion on a full repairing and insuring lease (2) |
£19,800 | 5 yearly (3) |
| First | Residential | Not Measured |
HUNTS HILL PROPERTIES LTD | 125 years until 10/01/2133 | Peppercorn | ||
| Total Commercial Floor Area | 194.5 sq m |
(2,094 sq ft) |
|||||
(1) For the year ending 31st December 2009, Barclays Bank plc reported a turnover of ?40,800,000,000, pre-tax profits of ?4,585,000,000 and a total net worth of ?38,482,000,000. (Source: www.riskdisk.com) (2) Please note the lease is subject to a schedule of condition. (3) Barclays Bank plc has an option to determine the lease at the end of the fifteenth year of the term.
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