Yorkshire Bank 6 - 8 Bridge Street St Helens Merseyside WA10 1NF

Yorkshire Bank
6 - 8 Bridge Street
St Helens
Merseyside
WA10 1NF

Freehold Bank Investment

  • Entirely let to Clydesdale Bank Plc t/a Yorkshire Bank
  • 10 year lease renewal until 2026 (subject to option) at a re-based rent
  • Tenant in occupation since at least 1999
  • Close to Church Square Shopping Centre that houses occupiers including H&M, River Island, Boots the Chemist and Topshop
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    39
  • Auction
    7th July 2016
  • Rent
    £57,750 per Annum Exclusive
  • Status
    Sold
  • Price
    £525,000
  • Sector
    Bank
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of Receivers CBRE
Important Update
  • Expand
  • Photos
  • Map

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

Freehold Bank Investment

  • Entirely let to Clydesdale Bank Plc t/a Yorkshire Bank
  • 10 year lease renewal until 2026 (subject to option) at a re-based rent
  • Tenant in occupation since at least 1999
  • Close to Church Square Shopping Centre that houses occupiers including H&M, River Island, Boots the Chemist and Topshop
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 39
  • Auction 7th July 2016
  • Rent
  • Status Sold
  • Price £525,000
  • Sector
    Bank
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of Receivers CBRE

Property Information

Location
Miles
12 miles east of Liverpool, 25 miles west of Manchester
Roads
A570, A580, M6, M57, M62
Rail
St Helens Central
Air
Liverpool John Lennon Airport
Situation

The property is situated on the northern side of Bridge Street, close to its junction with Church Street, in the heart of the town centre. Church Square Shopping Centre is close by, housing retailers including H&M, River Island, Boots the Chemist, Topshop and Superdrug. Other nearby retailers include Caffe Nero, WH Smith, Specsavers and branches of Natwest, Lloyds, Barclays and Santander banks.

Tenure

Freehold.

Location
Miles
12 miles east of Liverpool, 25 miles west of Manchester
Roads
A570, A580, M6, M57, M62
Rail
St Helens Central
Air
Liverpool John Lennon Airport
Situation

The property is situated on the northern side of Bridge Street, close to its junction with Church Street, in the heart of the town centre. Church Square Shopping Centre is close by, housing retailers including H&M, River Island, Boots the Chemist, Topshop and Superdrug. Other nearby retailers include Caffe Nero, WH Smith, Specsavers and branches of Natwest, Lloyds, Barclays and Santander banks.

Tenure

Freehold.

Description

The property comprises a double fronted ground floor banking hall with ancillary accommodation on the first and second floors.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Viewings

There will be a single block viewing for this property on 28th June 2016 at 1.15pm. Interested parties must register their details with the Auctioneers before 25th June 2016 and provide identification on site. Please contact Will Moore. Email: will.moore@acuitus.co.uk

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 double fronted ground floor banking hall with ancillary accommodation on the first and second floors.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Viewings

There will be a single block viewing for this property on 28th June 2016 at 1.15pm. Interested parties must register their details with the Auctioneers before 25th June 2016 and provide identification on site. Please contact Will Moore. Email: will.moore@acuitus.co.uk

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
First
Second
Banking Hall/Ancillary
Ancillary
Ancillary
244.30 sq m
135.63 sq m
124.50 sq m
(2,630 sq ft)
(1,460 sq ft)
(1,340 sq ft)
CLYDESDALE
BANK PLC (1)
(t/a Yorkshire
Bank)
10 years
from 2016 on a full
repairing and
insuring lease (2)
£57,750 (2) 2021
(2026)
Totals  
504.43 sq m
(5,430 sq ft)
    £57,750 (2)

(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).
(2) The tenant is currently holding over on a 15 year lease from 5th October 1999 at a rent of £66,500 p.a.x. Terms have been agreed for a new 10 year lease at a rent of £57,750 p.a.x with a rent review on the 5th anniversary of the term and is in solicitor’s hands due to complete imminently. The lease will be subject to a tenant option to determine on the 5th anniversary of the term.

Property Documents

  • Site Plan
    Updated Date
    15.06.16
    File Size
    432 KB
    View PDF
  • Catalogue Page
    Updated Date
    15.06.16
    File Size
    849 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
Walker Morris LLP Kings Court, 12 King Street
Leeds
LS1 2HL
Scott Flint 0113 399 1702scott.flint@walkermorris.co.uk

Useful Links

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

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now