3 George Street Tamworth Staffordshire B79 7LH

3 George Street
Tamworth
Staffordshire
B79 7LH

Prime Freehold Bank Investment

  • Entirely let to Clydesdale Bank Plc t/a Yorkshire Bank
  • Prime pedestrianised location adjacent to the entrance to the Ankerside Shopping Centre
  • Situated in an Affluent Market Town
  • Nearby occupiers include Superdrug, Santander, Lloyds Bank and Burton
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    10
  • Auction
    8th December 2016
  • Rent
    £62,000 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Sector
    Bank
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • Behalf of a Major Fund Manager
  • Expand
  • Photos
  • Map

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

Prime Freehold Bank Investment

  • Entirely let to Clydesdale Bank Plc t/a Yorkshire Bank
  • Prime pedestrianised location adjacent to the entrance to the Ankerside Shopping Centre
  • Situated in an Affluent Market Town
  • Nearby occupiers include Superdrug, Santander, Lloyds Bank and Burton
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 10
  • Auction 8th December 2016
  • Rent
  • Status Sold Post
  • Price  
  • Sector
    Bank
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • Behalf of a Major Fund Manager

Property Information

Location
Miles
14 miles north east of Birmingham , 23 miles north of Coventry, 30 miles west of Leicester
Roads
A5, M42 (Junction 10)
Rail
Tamworth Railway Station
Air
Birmingham International Airport
Situation

Tamworth is a popular market town some 14 miles north east of Birmingham. The property is situated in a prime retail position immediately adjacent to the principal entrance to the Ankerside
Shopping Centre which houses occupiers including Argos, Costa, Boots and Carphone Warehouse. Other nearby occupiers include Superdrug, Santander, Lloyds Bank and Burton.

Tenure

Freehold.

Location
Miles
14 miles north east of Birmingham , 23 miles north of Coventry, 30 miles west of Leicester
Roads
A5, M42 (Junction 10)
Rail
Tamworth Railway Station
Air
Birmingham International Airport
Situation

Tamworth is a popular market town some 14 miles north east of Birmingham. The property is situated in a prime retail position immediately adjacent to the principal entrance to the Ankerside
Shopping Centre which houses occupiers including Argos, Costa, Boots and Carphone Warehouse. Other nearby occupiers include Superdrug, Santander, Lloyds Bank and Burton.

Tenure

Freehold.

Description

The property, an attractive Grade II listed building, comprises a ground floor banking hall with first floor staff and ancillary accommodation. The property benefits from car parking to the rear.

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, an attractive Grade II listed building, comprises a ground floor banking hall with first floor staff and ancillary accommodation. The property benefits from car parking to the rear.

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 Review/(Reversion)
Ground
First
Banking Hall
Ancillary
235.60 sq m
139.54 sq m
(2,536 sq ft)
(1,502 sq ft)
CLYDESDALE BANK
PLC t/a Yorkshire
Bank (1) (2)
10 years from 25/12/2013
on a full repairing and
insuring lease (3)
£62,000 25/12/2018
(25/12/2023)
Total
375.14 sq m
(4,038 sq ft)
    £62,000  

(1) Founded in Glasgow in 1838, Clydesdale Bank plc is one of the largest banks in Scotland. Yorkshire Bank is a trading name of Clydesdale Bank plc and joined the Group in 1990, operating from over 150 branches and 22 business and private banking centres in the UK. (Source: www.cybg.com 04/11/2016)
(2) Yorkshire Bank was founded in 1859 in Halifax, West Yorkshire. Yorkshire Bank has 182 retail branches, a strong personal customer base and a business banking capability through a UK-wide network. Yorkshire Bank is a trading name of Clydesdale Bank PLC. (Source: www.ybonline.co.uk 07/11/2016)
(3) The lease provides a tenant option to determine on 24/12/2018.

Property Documents

  • Site Plan
    Updated Date
    16.11.16
    File Size
    96 KB
    View PDF
  • Catalogue Page
    Updated Date
    16.11.16
    File Size
    744 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
Hamlins LLP 287 Regents Street
London
W1B 2AD
Joseph Holder 0207 355 6112jholder@hamlins.co.uk

Useful Links

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

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