35 High Street
Northwich
Cheshire
CW9 5DD

Freehold Bank Investment

  • Let to Lloyds Bank Plc until 2024 (no breaks)
  • Prominent location on prime pedestrianised High Street pitch
  • Attractive Cheshire Market Town
  • Nearby occupiers include McDonald’s, Barclays Bank and Specsavers
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    22
  • Auction
    25/May/2017
  • Rent
    £46,000 per Annum Exclusive
  • Status
    Available
  • Price*
    Contact Us
  • Sector
    Bank
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Property Update
  • 35 High Street<br>Northwich<br>Cheshire<br>CW9 5DD
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Property Information

Location
Miles
20 miles south-west of Manchester, 23 miles south-east of Liverpool
Roads
A533, A559, M56, M6
Rail
Northwich Rail Station
Air
Manchester International Airport
Situation

The property is situated in a prominent location on the northern side of the pedestrianised High Street, within Northwich's prime retailing area. The property is located just south of the new £80m Barons Quay Waterside Development which is anchored by Asda, Marks & Spencer and Odeon Cinema. Other nearby occupiers include McDonald’s, Barclays Bank and Specsavers.

Tenure

Freehold.

Description

The property comprises a ground floor banking hall with first floor office and ancillary accommodation. The property also benefits from car parking to the rear.

VAT

VAT is not applicable to this lot.

Completion Period

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 advisable. For more information, please click here.

Tenancy & Accomodation

FloorUseFloor Areas
(Approx)

TenantTermRent p.a.xReview
Ground
First

Banking Hall
Office/Ancillary
231.70 sq m
181.16 sq m
(2,494 sq ft)
(1,950 sq ft)
LLOYDS BANK
PLC (1)

10 years from
25/12/2014 until
24/12/2024
£46,000
25/12/2019
Total 
412.86 sq m
(4,444 sq ft)
  £46,000
 

(1) TSB/Lloyds Bank have been in occupation for over 30 years. For the year ending 31st December 2016, Lloyds Bank Plc reported pre-tax profits of £1,977,000,000 and a total net worth of £49,326,000,000 (Source: Experian Group 27/04/2017).

Property Documents

  • Solicitors Legal Pack
    Updated Date
    25.05.17
    File Size
    16 MB
    Login to View
  • Catalogue Page
    Updated Date
    03.05.17
    File Size
    901 KB
    View PDF
  • Site Plan
    Updated Date
    03.05.17
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    27.03.17
    File Size
    124 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Gwen ThomasGwen Thomas +44 (0)20 7034 4857 +44 (0)7809 363549gwen.thomas@acuitus.co.uk
Georgina RobertsGeorgina Roberts +44 (0)20 7034 4863georgina.roberts@acuitus.co.uk
Seller's Solicitors
Rooks Rider Challoner House, 19 Clerkenwell Close
London
EC1R 0RR
0207 689 7001
Anthony Shalet 0207 689 7000ashalet@rooksrider.co.uk

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