20 Market Place Dewsbury West Yorkshire WF13 1DF

20 Market Place
Dewsbury
West Yorkshire
WF13 1DF

Freehold Bank Investment

  • Entirely let to Lloyds Bank plc on a renewed 10 year lease until 2022 (subject to option)
  • Re-based rent
  • Prominent town centre location
  • Nearby occupiers include Specsavers, William Hill, Peacocks, JD Wetherspoon, NatWest and Santander
  • Lot
    68
  • Auction
    23rd October 2014
  • Rent
    £27,500 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    Bank
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
Important Update
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* More information on the term "guide" can be found here

Freehold Bank Investment

  • Entirely let to Lloyds Bank plc on a renewed 10 year lease until 2022 (subject to option)
  • Re-based rent
  • Prominent town centre location
  • Nearby occupiers include Specsavers, William Hill, Peacocks, JD Wetherspoon, NatWest and Santander
  • Lot 68
  • Auction 23rd October 2014
  • Rent
  • Status Withdrawn Post
  • Price  
  • Sector
    Bank
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
9 miles south-west of Leeds
10 miles south-east of Bradford
Roads
A638, A644, M1 (junction 40), M62 (junction 25)
Rail
Dewsbury Railway Station
Air
Leeds Bradford Airport
Situation

The property is prominently situated in the heart of the town centre on the west side of Market Place, Dewsbury’s principal pedestrianised retailing thoroughfare. Nearby occupiers include Specsavers, William Hill, Peacocks, JD Wetherspoon, NatWest, HSBC and Santander banks.

Tenure

Freehold.

Location
Miles
9 miles south-west of Leeds
10 miles south-east of Bradford
Roads
A638, A644, M1 (junction 40), M62 (junction 25)
Rail
Dewsbury Railway Station
Air
Leeds Bradford Airport
Situation

The property is prominently situated in the heart of the town centre on the west side of Market Place, Dewsbury’s principal pedestrianised retailing thoroughfare. Nearby occupiers include Specsavers, William Hill, Peacocks, JD Wetherspoon, NatWest, HSBC and Santander banks.

Tenure

Freehold.

Description

The property comprises a ground floor banking hall with office accommodation on the first floor and ancillary accommodation in the basement, mezzanine and second floor.

VAT

VAT is not applicable to this lot.

Viewings

There will only be one block viewing for this property. 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 office accommodation on the first floor and ancillary accommodation in the basement, mezzanine and second floor.

VAT

VAT is not applicable to this lot.

Viewings

There will only be one block viewing for this property. 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.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Ground
Basement
Mezzanine
First
Second
Banking Hall/Ancillary
Ancillary
Ancillary
Office
Ancillary
140.28 sq m
110.09 sq m
23.78 sq m
121.05 sq m
159.04 sq m
(1,510 sq ft)
(1,185 sq ft)
(256 sq ft)
(1,303 sq ft)
(1,712 sq ft)
LLOYDS BANK PLC (1) 10 years from 24/02/2012 until 2022 on a full repairing and insuring lease (2) £27,500 24/02/2017
Totals  
554.24 sq m
(5,966 sq ft)
    £27,500  

(1) For the year ending 31/12/2013, Lloyds Bank plc reported pre-tax profits of £894,000,000 and a total net worth of £34,109,000,000.
(Source: www.riskdisk.com 22/09/2014)
(2)The lease provides for a tenant option to determine on 23rd February 2017.

Property Documents

  • Catalogue Page
    Updated Date
    01.10.14
    File Size
    632 KB
    View PDF
  • Site Plan
    Updated Date
    01.10.14
    File Size
    92 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
Weightmans Solicitors West Gate Point, west Gate
Leeds
West Yorkshire
LS1 2AX
Edward Brown 0113 213 4126edward.brown@weightmans.com  Laura Frensham 0113 243 6601laura.frensham@forwarn.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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