27/28 Vicar Street Kidderminster Worcestershire DY10 1DA

27/28 Vicar Street
Kidderminster
Worcestershire
DY10 1DA

Freehold Bank Investment

  • Let to Halifax Limited – a part of Lloyds Banking Group plc
  • Approximately 55.90 sq m (5,984 sq ft)
  • Located close to Weavers Wharf Retail, Park and Rowland Hill Shopping Centre
  • Pedestrianised town centre location
  • Lot
    50
  • Auction
    23rd October 2014
  • Rent
    £85,000 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Sector
    Bank
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On the Instructions of M Nardini and T Perkin of CBRE Limited acting as Joint Fixed Charge Receivers
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Bank Investment

  • Let to Halifax Limited – a part of Lloyds Banking Group plc
  • Approximately 55.90 sq m (5,984 sq ft)
  • Located close to Weavers Wharf Retail, Park and Rowland Hill Shopping Centre
  • Pedestrianised town centre location
  • Lot 50
  • Auction 23rd October 2014
  • Rent
  • Status Sold Post
  • Price  
  • Sector
    Bank
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On the Instructions of M Nardini and T Perkin of CBRE Limited acting as Joint Fixed Charge Receivers

Property Information

Location
Miles
17 miles south of Wolverhampton 19 miles south-west of Birmingham
Roads
A448, A456, M5, M42
Rail
Kidderminster Railway Station
Air
Birmingham
Situation

The property is situated on the western side of Vicar Street, a popular pedestrianised thoroughfare in the heart of Kidderminster town centre. Vicar Street benefits from good pedestrian footflow as a result of its proximity to Weavers Wharf Retail Park where Marks & Spencer, Debenhams, Next, Boots the Chemist and Sports Direct are all represented. WHSmith, Superdrug, Lloyds Bank and a large British Heart Foundation shop are all represented on Vicar Street.

Tenure

Freehold.

Location
Miles
17 miles south of Wolverhampton 19 miles south-west of Birmingham
Roads
A448, A456, M5, M42
Rail
Kidderminster Railway Station
Air
Birmingham
Situation

The property is situated on the western side of Vicar Street, a popular pedestrianised thoroughfare in the heart of Kidderminster town centre. Vicar Street benefits from good pedestrian footflow as a result of its proximity to Weavers Wharf Retail Park where Marks & Spencer, Debenhams, Next, Boots the Chemist and Sports Direct are all represented. WHSmith, Superdrug, Lloyds Bank and a large British Heart Foundation shop are all represented on Vicar Street.

Tenure

Freehold.

Description

The property comprises a large ground floor banking hall with offices/ancillary accommodation arranged on the first floor. This property is being marketed for sale on behalf of Joint Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Fixed Charge Receivers are not bound to accept the highest or any offer and are acting as agents in respect of this sale and without personal liability.

VAT

VAT is applicable to this lot.

EPC

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

Description

The property comprises a large ground floor banking hall with offices/ancillary accommodation arranged on the first floor. This property is being marketed for sale on behalf of Joint Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Fixed Charge Receivers are not bound to accept the highest or any offer and are acting as agents in respect of this sale and without personal liability.

VAT

VAT is 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 Reversion
Ground
First
Banking Hall/ Ancillary
Office/ Ancillary
280.55 sq m
275.35 sq m
(3,020 sq ft)
(2,964 sq ft)
HALIFAX LIMITED (1) 15 years from 30/10/2003 on a full repairing and insuring lease £85,000 29/10/2018
Totals  
555.90 sq m
(5,984 sq ft)
    £85,000  

(1) t/a Halifax. The lease was originally vested in the name of Halifax plc, who changed their name to Halifax Limited in 2007. Halifax is a division of Bank of Scotland plc who are a wholly owned subsidiary of Lloyds Banking Group plc. (source:www.lloydsbankinggroup.com)

Property Documents

  • Catalogue Page
    Updated Date
    01.10.14
    File Size
    636 KB
    View PDF
  • Site Plan
    Updated Date
    01.10.14
    File Size
    73 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
DLA Piper LLP Princes Exchange, Princes Square
Leeds
LS1 4BY
Ruth Kennedy 0113 369 2053ruth.kennedy@dlapiper.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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