Let to Barclays Bank Plc until 2026 (subject to option)
Located adjacent to the Craven Court Shopping Centre
Self-contained office accommodation on second floor
Future residential potential
Nearby occupiers include Boots, New Look and H Samuel.
Lot 34
Auction 13th July 2017
Rent £140,000 per Annum Exclusive
Status Sold
Price £1,725,000
Sector Bank
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
25 miles north west of Leeds, 27 miles north-east of Blackburn, 41 miles west of York
Roads
A59, A629, A65
Rail
Skipton Rail
Air
Leeds Bradford Airport
Situation
Skipton is a popular market town in North Yorkshire, just south of the Yorkshire Dales. The property occupies a prominent position on High Street, adjacent to the Craven Court Shopping Centre which houses occupiers including H Samuel, Fat Face, Laura Ashley and Joules. Other nearby occupiers include Boots, New Look and Edinburgh Woollen Mill.
Tenure
Freehold.
Location
Miles
25 miles north west of Leeds, 27 miles north-east of Blackburn, 41 miles west of York
Roads
A59, A629, A65
Rail
Skipton Rail
Air
Leeds Bradford Airport
Situation
Skipton is a popular market town in North Yorkshire, just south of the Yorkshire Dales. The property occupies a prominent position on High Street, adjacent to the Craven Court Shopping Centre which houses occupiers including H Samuel, Fat Face, Laura Ashley and Joules. Other nearby occupiers include Boots, New Look and Edinburgh Woollen Mill.
Tenure
Freehold.
Description
The property comprises a ground floor banking hall with first floor office and ancillary accommodation and basement storage. The second floor provides selfcontained office accommodation accessed via High Street. The property is Grade II Listed.
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 first floor office and ancillary accommodation and basement storage. The second floor provides selfcontained office accommodation accessed via High Street. The property is Grade II Listed.
VAT
VAT is not applicable to this lot.
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 Storage Office/Ancillary
477 sq m 47.1 sq m 237 sq m
(5,135 sq ft) (506 sq ft) (2,550 sq ft)
BARCLAYS BANK PLC (1)
20 years from 29/09/2006 (2)
£140,000
25/12/2019 25/12/2024 (28/09/2026)
Second
Office
116.3 sq m
(1,251 sq ft)
VACANT POSSESSION (3)
Total
877.4 sq m
(9,442 sq ft)
£140,000
(1) Barclays Bank Plc operates in over 40 countries, with over 130,000 employees worldwide (Source: www.home.barclays.com 09/06/2017). For the year ending 31st December 2016, Barclays Bank Plc reported pre-tax profits of £4,383,000,000 and a total net worth of £60,085,000,000 (Source: Experian Group: 09/06/2017). (2) The lease provides a tenant option to determine on 29/09/2021. (3) The office unit is currently being marketed to let at £8,000 per annum.
