Freehold Bank Investment
Freehold Bank Investment
Aldershot is a popular London commuter town with strong communication links via M3 and M25 and benefits from its substantial military base. The property is situated on the south side of Victoria Road, close to The Arcade Shopping Centre and The Wellington Shopping Centre with tenants including Nationwide, W H Smith, Superdrug and Argos. Nearby occupiers include Motorworld, Coral, Domino’s Pizza and The Co-Operative.
Freehold.
Aldershot is a popular London commuter town with strong communication links via M3 and M25 and benefits from its substantial military base. The property is situated on the south side of Victoria Road, close to The Arcade Shopping Centre and The Wellington Shopping Centre with tenants including Nationwide, W H Smith, Superdrug and Argos. Nearby occupiers include Motorworld, Coral, Domino’s Pizza and The Co-Operative.
Freehold.
The property comprises banking hall accommodation on the ground floor and office accommodation on the first floor and ancillary accommodation on the second floor. The property benefits from rear access cia Birchett Road. The tenant also occupies part of the adjoining property and has created an internal access between the two properties.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises banking hall accommodation on the ground floor and office accommodation on the first floor and ancillary accommodation on the second floor. The property benefits from rear access cia Birchett Road. The tenant also occupies part of the adjoining property and has created an internal access between the two properties.
VAT 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 Second |
Banking Hall Office/Ancillary Office/Ancillary |
160.5 sq m 163.0 sq m 36.5 sq m |
(1,727 sq ft) (1,754 sq ft) (393 sq ft) |
BARCLAYS BANK PLC (1) |
20 years from 14/06/2006 until 2026 (2) (3) |
£39,500 | 2016 & 5 yearly |
| Totals | 360.0 sq m |
(3,874 sq ft) |
£39,500 | ||||
(1) For the year ending 31st December 2010, Barclays Bank plc reported a pre-tax profit £6,079,000,000 and a total net worth of £53,944,000,000. (Source: www.riskdisk.com 18/01/2012)
(2) The lease provides for a tenant option to determine the lease on the 15th anniversary of the term.
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