Approximately 324.51 sq m (3,493 sq ft) over two floors plus three bed flat
Separately accessed upper parts including flat
Nearby occupiers include JoJo Maman Babe, White Stuff, Cafe Nero, Boots Opticians,
J D Wetherspoon, Greggs, Marks & Spencer Simply Food, WHSmith and Superdrug
Lot 7
Auction 21st July 2021
Rent £65,950 per Annum Exclusive
Status Withdrawn Post
Price
Sector Bank
Auction Venue Live Streamed Auction
Property Information
Location
Miles
30 miles north of Bristol
31 miles west of Cheltenham
Roads
A40, A449
Air
Bristol Airport
Situation
Monmouth is an historic town on the English/Welsh border, approximately 30 miles north of Bristol and 31 miles west of Cheltenham. The property is located in a prominent position on the north side of Monnow Street, opposite its junction with St John's Street. Nearby occupiers include JoJo Maman Babe, White Stuff, Cafe Nero, Boots Opticians, J D Wetherspoon, Greggs, Marks & Spencer Simply Food, WHSmith and Superdrug.
Tenure
Freehold.
Location
Miles
30 miles north of Bristol
31 miles west of Cheltenham
Roads
A40, A449
Air
Bristol Airport
Situation
Monmouth is an historic town on the English/Welsh border, approximately 30 miles north of Bristol and 31 miles west of Cheltenham. The property is located in a prominent position on the north side of Monnow Street, opposite its junction with St John's Street. Nearby occupiers include JoJo Maman Babe, White Stuff, Cafe Nero, Boots Opticians, J D Wetherspoon, Greggs, Marks & Spencer Simply Food, WHSmith and Superdrug.
Tenure
Freehold.
Description
The property comprises a large two storey building arranged as a ground floor banking hall with ancillary accommodation on part first floor and a three bedroom flat at the rear, which is accessed separately from the front.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
D. See legal pack at www.acuitus.co.uk.
Description
The property comprises a large two storey building arranged as a ground floor banking hall with ancillary accommodation on part first floor and a three bedroom flat at the rear, which is accessed separately from the front.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
D. See legal pack at www.acuitus.co.uk.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Rent Review
Ground First (rear) First (front)
Banking Hall/Ancillary Ancillary 3 beds, living, kitchen and bathroom
264.50 sq m 60.01 sq m -
(2,847 sq ft) (646 sq ft) (-)
HALIFAX PLC (1)
10 years from 14/12/2016 until 13/12/2026 on a full repairing and insuring lease
£65,950
14/12/2021
Total
324.51 sq m
(3,493 sq ft)
£65,950
(1) For the year ended 31st December 2020 Halifax plc reported a pre-tax profit of £1,488,000,000, shareholders funds of £6,005,000,000 and a net worth of £5,586,000,000 (Source Experian: 16.04.2021)
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.
