56-58 High Street Staines TW18 4DY

56-58 High Street
Staines
TW18 4DY

Freehold Bank Investment

Entirely let to Bank of Scotland until November 2022
Prime pedestrianised town centre
50 metres from the Elmsleigh Shopping Centre
Neighbouring occupiers include McDonald’s, Greggs, Barclays Bank, HSBC and Debenhams
Six Week Completion Period Available

Lot
15
Auction
23rd February 2012
Rent
£150,000 per Annum Exclusive
Status
Withdrawn Prior
Price
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

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Freehold Bank Investment

Entirely let to Bank of Scotland until November 2022
Prime pedestrianised town centre
50 metres from the Elmsleigh Shopping Centre
Neighbouring occupiers include McDonald’s, Greggs, Barclays Bank, HSBC and Debenhams
Six Week Completion Period Available

Lot 15
Auction 23rd February 2012
Rent £150,000 per Annum Exclusive
Status Withdrawn Prior
Price
Sector
High Street Retail
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 19 miles west of Central London, 6 miles south-east of Windsor, 21 north-east of Guildford
Roads: M25, M3, M4, A30
Rail: Staines Rail
Air: London Heathrow Airport

Situation

The property is situated in a busy pedestrianised in a prime position on the north side of the pedestrianised High Street, close to the main entrance to the busy Elmsleigh Shopping Centre. Neighbouring occupiers include HSBC Bank, Barclays Bank, Santander, McDonald’s and Debenhams

Tenure

Freehold.

Location

Miles: 19 miles west of Central London, 6 miles south-east of Windsor, 21 north-east of Guildford
Roads: M25, M3, M4, A30
Rail: Staines Rail
Air: London Heathrow Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground hall banking accommodation on the ground floor, offices and ancillary on part of the first floor and part of the second floor. The other part of first and second floors comprise a three room residential maisonette.

VAT

VAT is not applicable to this lot.

EPC

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

Description

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)		Tenant	Term	Rent p.a.x	Reviews
Ground Part First Part Second Part First and Second	Banking Hall Offices/Ancillary Ancillary Maisonette	310.28 sq m 92.90 sq m 36.70 sq m 3 Room Maisonette	(3,340 sq ft) (1,000 sq ft) (395 sq ft)	BANK OF SCOTLAND PLC (t/a Halifax Bank)	15 years from 2007 until November 2022 on a full repairing and insuring lease	£150,000	2012 and 5 yearly
Total Commercial Floor Area		439.88 sq m	(4,735 sq ft)			£150,000

(1) Bank of Scotland plc are part of Lloyds Banking Group which was renamed from Lloyds TSB Group plc following their acquisition of HBOS plc in 2009. Lloyds Banking Group serves some 30 million people. For the year ending 31st December 2011 Bank of Scotland plc reported pre-tax profits of negative £3,871,000,000 and a net worth of £19,609,000,000. (Source: Riskdisk 30/01/2012)