Barclays Bank 86 to 90 Dalton Road Barrow in Furness Cumbria LA14 1JH

Barclays Bank
86 to 90 Dalton Road
Barrow in Furness
Cumbria
LA14 1JH

Freehold Bank Investment

Entirely Let to Barclays Bank PLC
May 2020 Tenant Break Option NOT Exercised
Prominent Corner Position in Pedestrianised Town Centre Location
Neighbouring Occupiers Include Home Bargains, Natwest, Greggs and McDonalds and The Works.

Lot
34
Auction
17th February 2022
Rent
£31,500 per Annum Exclusive
Status
Sold
Price
£349,000
Auction Venue
Live Streamed Auction

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Freehold Bank Investment

Entirely Let to Barclays Bank PLC
May 2020 Tenant Break Option NOT Exercised
Prominent Corner Position in Pedestrianised Town Centre Location
Neighbouring Occupiers Include Home Bargains, Natwest, Greggs and McDonalds and The Works.

Lot 34
Auction 17th February 2022
Rent £31,500 per Annum Exclusive
Status Sold
Price £349,000
Sector
Bank
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 32 miles north of Preston, 55 miles south of Carlisle, 17 miles north-west of Lancaster
Roads: A590, A595
Rail: Roose Train Station, Barrow-in-Furness Train Station
Air: Liverpool John Lennon Airport, Manchester Airport, Leeds Bradford Airport

Situation

Barrow-in-Furness ia an historic port town situated some 10 miles south of the Lake District National Park. The town is home to major commercial employers such as BAE Systems. The town has a rich naval history, with ship building cranes dominating the skyline since Victorian industry moved from steel to ship production. It’s now the base for building the UK’s next generation of nuclear submarines, with new logistics and training facilities

The property is situated on the eastern side of the pedestrianised Dalton Road, the town's main retail thoroughfare. Neighbouring ccupiers include Sports Direct, Nat west, Home Bargains, Greggs and McDonalds.

Tenure

Freehold.

Location

Miles: 32 miles north of Preston, 55 miles south of Carlisle, 17 miles north-west of Lancaster
Roads: A590, A595
Rail: Roose Train Station, Barrow-in-Furness Train Station
Air: Liverpool John Lennon Airport, Manchester Airport, Leeds Bradford Airport

Situation

Tenure

Freehold.

Description

The property is a substantial modern end of terrace building and comprises ground floor banking accommodation and first floor ancillary.

VAT

VAT is applicable to this lot.

Completion Period

Six week completion

EPC

Band D

Description

The property is a substantial modern end of terrace building and comprises ground floor banking accommodation and first floor ancillary.

VAT

VAT is applicable to this lot.

Completion Period

Six week completion

EPC

Band D

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x.	Reversion
Ground First	Retail Office	133.00 sq m 151.10 sq m	(1,431 sq ft) (1,626 sq ft)	BARCLAYS BANK PLC (1)	10 years from 25/05/2015	£31,500	25/05/2025
Total Approximate Floor Area		284.1 sq m	(3,057 sq ft) (2)			£31,500

(1) For the year ending 31/12/2020 Barclays Bank PLC reported a turnover of £7,755,000,000, a pre-tax profit of £387,000,000 and a net worth of £13,500,000,000. (NorthRow 12/01/2022)
(2) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk)

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.