Let to Barclays Plc until 2027 (subject to option)
Prominent corner position fronting Allerton Road
Affluent Liverpool suburb
Nearby occupiers include HSBC Bank, William Hill, Lloyds Pharmacy and Barnardo's
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 15
Auction 25th May 2017
Rent £25,000 per Annum Exclusive
Status Sold
Price £422,000
Sector Bank
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
6.5 miles south east of Liverpool
Roads
A562, M621 (Junction 5), M57 (Junction 1)
Rail
Hunts Cross Rail
Air
Liverpool John Lennon Airport
Situation
Woolton is an affluent suburb some 6.5 miles south-east of Liverpool City Centre. The property is prominently situated on Allerton Street opposite the Duckpond Car Park. Nearby occupiers include HSBC Bank, William Hill, Lloyds Pharmacy and Barnardo's.
Tenure
Freehold.
Location
Miles
6.5 miles south east of Liverpool
Roads
A562, M621 (Junction 5), M57 (Junction 1)
Rail
Hunts Cross Rail
Air
Liverpool John Lennon Airport
Situation
Woolton is an affluent suburb some 6.5 miles south-east of Liverpool City Centre. The property is prominently situated on Allerton Street opposite the Duckpond Car Park. Nearby occupiers include HSBC Bank, William Hill, Lloyds Pharmacy and Barnardo's.
Tenure
Freehold.
Description
The property comprises a ground floor banking hall with ground, basement and first floor ancillary accommodation. Part of the first floor comprises a self-contained residential flat which has been let on a long lease.
VAT
VAT is not applicable to this lot.
Completion Period
Six week completion
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 ground, basement and first floor ancillary accommodation. Part of the first floor comprises a self-contained residential flat which has been let on a long lease.
VAT
VAT is not applicable to this lot.
Completion Period
Six week completion
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 First
Banking Hall/Ancillary Ancillary Ancillary
185.59 sq m 5.58 sq m 22.58 sq m
(1,997 sq ft) (60 sq ft) (243 sq ft)
BARCLAYS BANK PLC (1)
20 years from 27/11/2007 (2)
£25,000
24/06/2018 24/06/2023 (26/11/2027)
First
Residential
Not Measured
NORTHUMBERLAND & DURHAM PROPERTY TRUST
125 years from 29/09/2004
Peppercorn
(28/09/2129)
Total
213.75 sq m
(2,300 sq ft)
£25,000
(1) Barclays Bank Plc operates in over 40 countries, with over 130,000 employees worldwide (Source: www.home.barclays.com 21/12/2016). For the year ending 31st December 2015, Barclays Bank Plc reported pre-tax profits of £2,841,000,000 and a total net worth of £55,845,000,000 (Source: Experian Group: 21/12/2016). (2) The lease provides an option to determine on 26/11/2022.