Lloyds Bank, 152 High Street Selsey, Nr Chichester West Sussex PO20 0QQ

Lloyds Bank, 152 High Street
Selsey, Nr Chichester
West Sussex
PO20 0QQ

Freehold Bank Investment

  • Entirely let to Lloyds Bank plc until 2021 (subject to option)
  • Tenant in occupation for at least 18 years
  • Benefits from a self-contained three bedroom flat
  • Nearby occupiers include NatWest Bank, Boots the Chemist and Co-op
  • <a href="/media/31634/legal title report - v3.pdf" target="_blank" title="legal title report">Legal Title Report available here</a>
  • Lot
    52
  • Auction
    23rd October 2014
  • Rent
    £12,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £282,000
  • Sector
    Bank
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of Administrators Zolfo Cooper
Important Update
  • Expand
  • Photos
  • Map

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

Freehold Bank Investment

  • Entirely let to Lloyds Bank plc until 2021 (subject to option)
  • Tenant in occupation for at least 18 years
  • Benefits from a self-contained three bedroom flat
  • Nearby occupiers include NatWest Bank, Boots the Chemist and Co-op
  • <a href="/media/31634/legal title report - v3.pdf" target="_blank" title="legal title report">Legal Title Report available here</a>
  • Lot 52
  • Auction 23rd October 2014
  • Rent
  • Status Sold
  • Price £282,000
  • Sector
    Bank
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of Administrators Zolfo Cooper

Property Information

Location
Miles
8 miles south of Chichester
9 miles south-west of Bognor Regis
Roads
B1245, A27
Rail
Bognor Regis Rail Station
Air
Southampton Airport
Situation

Selsey is a popular south coast seaside resort located some 8 miles south of Chichester. The property is prominently situated on the west side of the High Street with nearby occupiers including Boots the Chemist, NatWest Bank and Co-op.

Tenure

Freehold.

Location
Miles
8 miles south of Chichester
9 miles south-west of Bognor Regis
Roads
B1245, A27
Rail
Bognor Regis Rail Station
Air
Southampton Airport
Situation

Selsey is a popular south coast seaside resort located some 8 miles south of Chichester. The property is prominently situated on the west side of the High Street with nearby occupiers including Boots the Chemist, NatWest Bank and Co-op.

Tenure

Freehold.

Description

The property comprises a ground floor banking hall with a self-contained
three bedroom flat on the first floor with bathroom, kitchen and living room.

Legal Title Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

Note
This property is being marketed for sale on behalf of Administrators and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Administrators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Administrators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

VAT

VAT is not applicable to this lot.

Viewings

There will be one block viewing for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Henry Wilkinson. Tel: +44 (0)20 7034 4861. Email: henry.wilkinson@acuitus.co.uk

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 self-contained
three bedroom flat on the first floor with bathroom, kitchen and living room.

Legal Title Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

Note
This property is being marketed for sale on behalf of Administrators and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Administrators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Administrators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

VAT

VAT is not applicable to this lot.

Viewings

There will be one block viewing for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Henry Wilkinson. Tel: +44 (0)20 7034 4861. Email: henry.wilkinson@acuitus.co.uk

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 Review/(Reversion)
Ground
First
Banking Hall & Ancillary 3 Bedroom Flat
87.16 sq m
Not Measured
(938 sq ft)
Not Measured
LLOYDS BANK PLC (1) (2) 10 years from 24/06/2011 on a full repairing and insuring lease (3) £12,500 (3) 24/06/2016
(23/06/2021)
Totals  
87.16 sq m
(938 sq ft)
    £12,500 (3)  

(1) For the year ending 31st December 2013, Lloyds Bank plc reported a pre-tax profit of £894,000,000 and a net worth of £34,109,000,000.
(Source: www.riskdisk.com 20/08/2014)
(2)The tenant has sublet the flat.
(3)The lease provides for a tenant’s option to determine on the 23rd June 2016 on 6 months’ written notice. If the option to determine is not activated, the tenant will benefit from a 6 month rent free period from 24th June 2016.

Property Documents

  • Site Plan
    Updated Date
    01.10.14
    File Size
    56 KB
    View PDF
  • Catalogue Page
    Updated Date
    01.10.14
    File Size
    708 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

Seller's Solicitors
Addleshaw Goddard LLP One St. Peter's Square
Manchester
M2 3DE
Natalie Bromley 0161 934 6445natalie.bromley@addleshawgoddard.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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