Let to Barclays Bank plc until 2026 (subject to options)
Prominent corner position in city centre
Nearby occupiers include Specsavers, Coral and Yorkshire Bank
Lot 9
Auction 24th May 2012
Rent £80,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector Bank
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
On behalf of Andrew Rodger and Greg Judd as Joint LPA Receivers
Property Information
Location
Estimated District Population
315,000
Miles
8 miles south of Leeds, 5 miles east of Dewsbury
Roads
M1, M62, A1
Rail
Wakefield Westgate Rail, Wakefield Kirkgate Rail
Air
Leeds Bradford Airport
Situation
The property is prominently situated on the busy corner of Wood Street and Marygate in the centre of the main shopping area of the city. Other occupiers close by include Specsavers, Contessa and Coral as well as Yorkshire and NatWest banks.
Tenure
Freehold.
Location
Estimated District Population
315,000
Miles
8 miles south of Leeds, 5 miles east of Dewsbury
Roads
M1, M62, A1
Rail
Wakefield Westgate Rail, Wakefield Kirkgate Rail
Air
Leeds Bradford Airport
Situation
The property is prominently situated on the busy corner of Wood Street and Marygate in the centre of the main shopping area of the city. Other occupiers close by include Specsavers, Contessa and Coral as well as Yorkshire and NatWest banks.
Tenure
Freehold.
Description
The property comprises a ground floor banking hall with ancillary accommodation with basement storage, first floor office and training rooms and staff and storage on the second floor.
NB. The property is being marketed on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT can be given. The LPA Receivers are not bound to accept the highest or any offer and are acting without personal liability.
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 comprises a ground floor banking hall with ancillary accommodation with basement storage, first floor office and training rooms and staff and storage on the second floor.
NB. The property is being marketed on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT can be given. The LPA Receivers are not bound to accept the highest or any offer and are acting without personal liability.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
20 years from 28/04/2006 until 27/04/2026 on a full repairing and insuring lease (2) (3)
£80,000
01/01/2015 and 5 yearly
Totals
739.23 sq m
(7,957 sq ft)
£80,000
(1) For the year ending 31st December 2009, Barclays Bank plc reported a turnover of £31,182,000,000, pre-tax profits of £4,559,000,000 and a total net worth of £47,130,000,000. (Source: www.riskdisk.com 26/01/2011) (2) The tenant has an option to determine the lease at the end of the 10th and 15th year. (3) The lease is subject to a schedule of condition.
