Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
15 miles south-west of Leeds, 25 miles north-east of Manchester, 26 miles north-west of Sheffield
Roads
A62, A640, A629, M62 (Junction 23/24)
Rail
Huddersfield Railway Station
Air
Leeds Bradford Airport
Situation
The property is prominently situated in the heart of the town centre on the north side of Ramsden Street. Ramsden Street is a busy thoroughfare linking pedestrianised New Street and The Piazza Shopping Centre, which houses retailers including Boots, WH Smith, BHS and Poundworld. Other nearby occupiers include Primark, Poundland, Argos, Costa and Marks & Spencer.
Tenure
Virtual Freehold. Virtual Freehold – Held from the Council of the Borough of Kirklees for a term of 999 years from 25th March 1871 at a peppercorn rent.
Location
Miles
15 miles south-west of Leeds, 25 miles north-east of Manchester, 26 miles north-west of Sheffield
Roads
A62, A640, A629, M62 (Junction 23/24)
Rail
Huddersfield Railway Station
Air
Leeds Bradford Airport
Situation
The property is prominently situated in the heart of the town centre on the north side of Ramsden Street. Ramsden Street is a busy thoroughfare linking pedestrianised New Street and The Piazza Shopping Centre, which houses retailers including Boots, WH Smith, BHS and Poundworld. Other nearby occupiers include Primark, Poundland, Argos, Costa and Marks & Spencer.
Tenure
Virtual Freehold. Virtual Freehold – Held from the Council of the Borough of Kirklees for a term of 999 years from 25th March 1871 at a peppercorn rent.
Description
The property, an attractive period building, comprises a ground floor banking hall with office accommodation on the first floor, used as TSB’s regional training centre, and ancillary accommodation on the second floor and basement.
Six Week Completion
Buyer's Legal 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.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property, an attractive period building, comprises a ground floor banking hall with office accommodation on the first floor, used as TSB’s regional training centre, and ancillary accommodation on the second floor and basement.
Six Week Completion
Buyer's Legal 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.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
25 years from 12/11/1998 until 11/11/2023 on a full repairing and insuring lease (2)
£76,250
12/11/2018
Totals
461.44 sq m
(4,967 sq ft)
£76,250
(1) For the year ending 31st December 2014, TSB Bank Plc reported pre-tax profits of £169,400,000 and a total net worth of £1,642,900,000. (Source: Experian Group 23/09/2015) (2)The lease is subject to a Schedule of Condition. The lease was subject to a break clause at the end of the 15th year in November 2013 which the tenant did not operate.