Bank of Scotland 100 to 102 Cowgate Kirkintilloch East Dunbartonshire G66 1JU

Bank of Scotland
100 to 102 Cowgate
Kirkintilloch
East Dunbartonshire
G66 1JU

Heritable Bank Investment

Entirely let to Bank of Scotland Plc until 2031 (No Breaks)
Prominent town centre location close to The Regent Centre
VAT Free Bank Investment
Popular commuter town to Glasgow
Neighboring Occupiers include Tesco Metro, Boots, Poundland and Superdrug.

Lot
21
Auction
22nd September 2022
Rent
£40,000 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Live Streamed Auction

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Heritable Bank Investment

Entirely let to Bank of Scotland Plc until 2031 (No Breaks)
Prominent town centre location close to The Regent Centre
VAT Free Bank Investment
Popular commuter town to Glasgow
Neighboring Occupiers include Tesco Metro, Boots, Poundland and Superdrug.

Lot 21
Auction 22nd September 2022
Rent £40,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector
Bank
Auction Venue
Live Streamed Auction

Property Information

Location

Miles - 9 miles west of Cumbernauld, 10 miles north-east of Glasgow City Centre

Roads - A803, A806, M8 and M80

Rail - Lenzie Railway station (1.4miles south) – 15 minutes Journey time to Glasgow Queen Street

Air - Glasgow Airport

Situation

The property is located on the western side of the busy Cowgate, the town's principal retailing thoroughfare, at its junction with Kerr Street. The Regent Centre is less than 100m away housing occupiers including Tesco Metro, Boots the Chemist, Poundland and Superdrug. Other nearby occupiers include JD Wetherspoon and branches of RBS and Clydesdale banks. Barleybank car park is close to the property, providing car parking for over 90 cars.

Tenure

Heritable. (Scottish Equivalent to English Freehold)

Location

Miles - 9 miles west of Cumbernauld, 10 miles north-east of Glasgow City Centre

Roads - A803, A806, M8 and M80

Rail - Lenzie Railway station (1.4miles south) – 15 minutes Journey time to Glasgow Queen Street

Air - Glasgow Airport

Situation

Tenure

Heritable. (Scottish Equivalent to English Freehold)

Description

The property comprises a ground floor banking hall, with office accommodation on the first floor.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor banking hall, with office accommodation on the first floor.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant (1)	Term	Rent p.a.x.	Rent Reviews (Reversion)
Ground First	Banking Hall Ancillary	210.93 219.35	2270 2361	BANK OF SCOTLAND plc (CRN SC327000)	15 years from 29th December 2016 until 28th December 2031	£40,000	29/12/2021 and 28/12/2031
Total Approximate Floor Area		430.28	4631 (2)

(1) For the year ending 31st December 2021, Bank of Scotland Plc reported pre-tax profits of £2,316,000,000 (Source: Bank of Scotland Report and Accounts 2021)
(2) The Floor Areas stated above are those published by the Scottish Assessors at www.saa.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.