Barclays Bank 25 High Street Coventry West Midlands CV1 5RE
Barclays Bank 25 High Street Coventry West Midlands CV1 5RE
Freehold Bank Investment
Let to Barclays Bank plc until 2026 (subject to option)
Prominent City Centre location
Neighbouring occupiers include Lloyds TSB, Santander, Halifax, Yorkshire Bank, HSBC, NatWest, Cheltenham & Gloucester, Yorkshire Bank and Coventry Building Society
Eight Week Completion
Lot 25
Auction 23rd May 2013
Rent £215,000 per Annum Exclusive
Status Sold Post
Price
Auction Venue The Dorchester Hotel Park Lane Entrance Mayfair London W1K 1QA
Let to Barclays Bank plc until 2026 (subject to option)
Prominent City Centre location
Neighbouring occupiers include Lloyds TSB, Santander, Halifax, Yorkshire Bank, HSBC, NatWest, Cheltenham & Gloucester, Yorkshire Bank and Coventry Building Society
Eight Week Completion
Lot 25
Auction 23rd May 2013
Rent £215,000 per Annum Exclusive
Status Sold Post
Price
Sector Bank
Auction Venue The Dorchester Hotel Park Lane Entrance Mayfair London W1K 1QA
Property Information
Location
Miles
32 km (20 miles) east of Birmingham, 32 km (20 miles) south-west of Leicester
Roads
M6, M42, M40, M25, M1
Rail
Coventry Railway Station
Air
Birmingham International Airport
Situation
The property is situated in a prominent position on the pedestrianised High Street in the centre of the established banking pitch. Neighbouring occupiers include Lloyds TSB, Santander, Halifax, Yorkshire Bank, HSBC, NatWest and Cheltenham & Gloucester Bank. The property is situated to the north of the main pedestrianised retail centre within the city.
Tenure
Freehold.
Location
Miles
32 km (20 miles) east of Birmingham, 32 km (20 miles) south-west of Leicester
Roads
M6, M42, M40, M25, M1
Rail
Coventry Railway Station
Air
Birmingham International Airport
Situation
The property is situated in a prominent position on the pedestrianised High Street in the centre of the established banking pitch. Neighbouring occupiers include Lloyds TSB, Santander, Halifax, Yorkshire Bank, HSBC, NatWest and Cheltenham & Gloucester Bank. The property is situated to the north of the main pedestrianised retail centre within the city.
Tenure
Freehold.
Description
The property comprises a ground floor banking hall with a first floor banking suite, offices and ancillary accommodation on the second floor. The property benefits from suspended ceilings, surface mounted fluorescent lighting and air conditioning. The banking hall has benefited from a recent refurbishment programme.
VAT
VAT is not applicable to this lot.
Viewings
There will only be one viewing date. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Will Moore. Tel: +44 (0)20 7034 4858.
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 a first floor banking suite, offices and ancillary accommodation on the second floor. The property benefits from suspended ceilings, surface mounted fluorescent lighting and air conditioning. The banking hall has benefited from a recent refurbishment programme.
VAT
VAT is not applicable to this lot.
Viewings
There will only be one viewing date. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Will Moore. Tel: +44 (0)20 7034 4858.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
20 years from 03/08/2006 until 2026 on a full repairing and insuring lease (2)
£215,000
2014 and 2019
Totals
1,811.60 sq m
(19,500 sq ft)
£215,000
(1) For the year ending 31/12/2011, Barclays Bank plc reported pre-tax profits of £28,701,000,000 and a total net worth of £54,232,000,000 and working capital of £794,354,000,000. (Source: www.riskdisk.com 23/04/2013). (2) The lease is subject to a Schedule of Condition and the tenant has an option to determine the lease on 03/08/2021.
