Lloyds Bank, 11 Cross Square St Davids Pembrokeshire SA62 6SE

  • Lloyds Bank, 11 Cross Square<br>St Davids<br>Pembrokeshire<br>SA62 6SE

Lloyds Bank, 11 Cross Square
St Davids
Pembrokeshire
SA62 6SE

Freehold Bank Investment

  • Entirely let to Lloyds Bank plc until 2021 (subject to option)
  • Tenant in occupation for at least 18 years
  • Benefits fr0m a self-contained 2 bedroom flat
  • Nearby occupiers include Co-operative Pharmacy, HSBC and Barclays
  • <a href="/media/31634/legal title report - v3.pdf" target="_blank" title="legal title report">Legal Title Report available here</a>
  • Lot
    53
  • Auction
    23rd October 2014
  • Rent
    £14,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £285,000
  • Sector
    Bank
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of Administrators Zolfo Cooper
Important Update
  • Expand
  • Photos
  • Map

Freehold Bank Investment

  • Entirely let to Lloyds Bank plc until 2021 (subject to option)
  • Tenant in occupation for at least 18 years
  • Benefits fr0m a self-contained 2 bedroom flat
  • Nearby occupiers include Co-operative Pharmacy, HSBC and Barclays
  • <a href="/media/31634/legal title report - v3.pdf" target="_blank" title="legal title report">Legal Title Report available here</a>
  • Lot 53
  • Auction 23rd October 2014
  • Rent £14,500 per Annum Exclusive
  • Status Sold
  • Price £285,000
  • Sector
    Bank
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of Administrators Zolfo Cooper

Property Information

Location
Miles
16 miles north-west of Haverfordwest
48 miles west of Carmarthen
Roads
A487
Rail
Haverfordwest Rail
Air
Cardiff International Airport
Situation

The property is situated in a prominent position on the south side of Cross Square. Cross Square lies between St David’s Cathedral and the High Street with nearby occupiers including Co-operative Pharmacy, HSBC, Barclays and a number of independent shops, pubs and cafés.

Tenure

Freehold.

Location
Miles
16 miles north-west of Haverfordwest
48 miles west of Carmarthen
Roads
A487
Rail
Haverfordwest Rail
Air
Cardiff International Airport
Situation

The property is situated in a prominent position on the south side of Cross Square. Cross Square lies between St David’s Cathedral and the High Street with nearby occupiers including Co-operative Pharmacy, HSBC, Barclays and a number of independent shops, pubs and cafés.

Tenure

Freehold.

Description

The property comprises a ground floor banking hall, basement storage, ancillary accommodation on part first floor and a self-contained 2 bedroom residential flat on the remaining first floor. Additionally there are two outbuildings in the yard to the rear of the property that the auctioneers were unable to inspect.

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: 020 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, basement storage, ancillary accommodation on part first floor and a self-contained 2 bedroom residential flat on the remaining first floor. Additionally there are two outbuildings in the yard to the rear of the property that the auctioneers were unable to inspect.

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: 020 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
Basement
Part First
Part First
Banking Hall/Ancillary
Storage
Ancillary
2 Bedroom Flat
118.83 sq m
26.36 sq m
23.38 sq m
Not measured
(1,280 sq ft)
(283 sq ft)
(251 sq ft)
Not measured
LLOYDS BANK PLC (1) (2) 10 years from 24/06/2011 on a full repairing and insuring lease (3) £14,500 (3) 24/06/2016
(23/06/2021)
Totals  
168.57 sq m
(1,814 sq ft)
    £14,500 (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

  • Catalogue Page
    Updated Date
    01.10.14
    File Size
    621 KB
    View PDF
  • Site Plan
    Updated Date
    01.10.14
    File Size
    62 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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