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Freehold Bank/Retail & Residential Ground Rent Investment
Freehold Bank/Retail & Residential Ground Rent Investment
Beaumaris is an historic seaside town located on the east coast of the Isle of Anglesey - famous for its castle, architecture, seafront and pier. The property is situated in a prime location on Bulkeley Terrace, in the heart of the town centre and a very short walk to Beaumaris Pier & Beach.
Freehold.
Beaumaris is an historic seaside town located on the east coast of the Isle of Anglesey - famous for its castle, architecture, seafront and pier. The property is situated in a prime location on Bulkeley Terrace, in the heart of the town centre and a very short walk to Beaumaris Pier & Beach.
Freehold.
The property comprises a shop (former bank) arranged on the ground floor & basement and separately accessed residential accommodation on the first and second floors.
VAT is not applicable to this lot.
Please note the buyer will pay 2% plus VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.
6 weeks completion
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a shop (former bank) arranged on the ground floor & basement and separately accessed residential accommodation on the first and second floors.
VAT is not applicable to this lot.
Please note the buyer will pay 2% plus VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.
6 weeks completion
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/Basement | Retail/Ancillary | 149.95 sq m |
(1,614 sq ft) |
THE ROYAL BANK OF SCOTLAND PLC (1) | Approx. 21 Years from 09/06/2005 to 23/06/2026 (2) | £13,437.50 |
24/06/2025 |
| First and Second | Residential | - |
- |
BANK HOUSE BEAUMARIS LIMITED | 125 Years from 13/03/2008 to 21/03/2133 | £100 (rising) |
2033 |
| Total | 149.95 sq m |
(1,614 sq ft) |
£13,537.50 |
||||
(1) For the year to 31/12/2020 Royal Bank of Scotland PLC reported a turnover of £7,773,000,000 , a pre tax profit of £913,000,000 and a net worth of £12,831,000,000 (Source: NorthRow 06/01/2022)
(2) The property has been sublet (t/a Jollys Coffee House & Patisserie) on a term expiring on 23/03/2026
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.
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