Barclays Bank/Tiddlywinks Nursery Chapel Street Easingwold York YO61 3AE

Barclays Bank/Tiddlywinks Nursery
Chapel Street
Easingwold
York
YO61 3AE

Freehold Bank and Nursery Investment

Ground Floor Bank and first floor day nursery
Bank Let to Barclays until 2027
Barclays June 2022 break option not exercised
Established private day nursery t/a Tiddlywinks
Change of use potential (subject to consents)
Affluent Market Town with Excellent road access
VAT Free Investment

Lot
35
Auction
13th July 2023
Rent
£33,200 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Live Streamed Auction

Interested?

Expand
Photos
Map

Freehold Bank and Nursery Investment

Ground Floor Bank and first floor day nursery
Bank Let to Barclays until 2027
Barclays June 2022 break option not exercised
Established private day nursery t/a Tiddlywinks
Change of use potential (subject to consents)
Affluent Market Town with Excellent road access
VAT Free Investment

Lot 35
Auction 13th July 2023
Rent £33,200 per Annum Exclusive
Status Withdrawn Post
Price
Sector
Bank
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 10 miles north of York, 15 miles north-east of Harrogate
Roads: A1, A19, A170
Rail: York Railway Station, Thirsk Railway Station
Air: Leeds Bradford Airport

Situation

Easingwold is an attractive market town located some 10 miles north of York. The property is situated on the eastern side of Chapel Street in the centre of town, adjacent to the Easingwold Tourist Office, the Galtres Leisure Centre and car park.

Tenure

Freehold.

Location

Miles: 10 miles north of York, 15 miles north-east of Harrogate
Roads: A1, A19, A170
Rail: York Railway Station, Thirsk Railway Station
Air: Leeds Bradford Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor banking hall with first floor self-contained children's nursery accommodation. The property also benefits from a garden, garage, on-site car parking and an extensive site area of approximately 0.1 Ha (0.24 Acres).

VAT

VAT is not applicable to this lot.

Completion Period

Six week completion

EPC

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

Description

VAT

VAT is not applicable to this lot.

Completion Period

Six week completion

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	Term	Rent p.a.x.
Ground	Banking Hall	146.30	(1,574)	BARCLAYS BANK PLC (1)	20 years from 20/06/207 until June 2027	£22,200
First	Nursery	147.58	(1,588)	TIDDLYWINKS EASINGWOLD LTD t/a Tiddlywinks (2)	10 years from 21/03/2006 Holding Over	£11,000
Total		293.88	(3,162) (3)			£33,200

(1) For the year ending 31/12/2021 Barclays Bank Plc reported a Turnover of £20,001,000,000 a Pre-Tax Profit of £5,638,000,000 and a Net Worth of £55,038,000,000 (NorthRow 19/06/2023).
(2) The most recent Ofsted inspection dated 19/10/2022 graded the Overall Effectiveness of the nursery as "Outstanding" (www.ofsted.gov.uk 19/06/2023) (www.tiddlywinkseasingwold.co.uk).
(3) The floor areas for the ground floor bank accommodation has been provided 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.