Birmingham International Airport & Manchester International Airport
Situation
The property is situated on the High Street close to the junction with Chapel Street. Neighbouring occupiers include Rowlands Pharmacy, Quintessence and Bronte Estate Agents.
Birmingham International Airport & Manchester International Airport
Situation
The property is situated on the High Street close to the junction with Chapel Street. Neighbouring occupiers include Rowlands Pharmacy, Quintessence and Bronte Estate Agents.
Tenure
Freehold.
Description
The property comprises a BANKING HALL on the ground floor, OFFICE ACCOMMODATION on the first floor and ANCILLARY ACCOMMODATION on basement and second floors. The property benefits from a CAR PARK to the rear. There is also a DISUSED HOUSE along the rear boundary.
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 BANKING HALL on the ground floor, OFFICE ACCOMMODATION on the first floor and ANCILLARY ACCOMMODATION on basement and second floors. The property benefits from a CAR PARK to the rear. There is also a DISUSED HOUSE along the rear boundary.
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
Basement Ground First Second
Stores Banking Hall Ancillary Ancillary (not currently used)
14.8 sq m (159 sq ft) 142.1 sq m (1,530 sq ft) 78.9 sq m (849 sq ft) 79.6 sq m (857 sq ft)
YORKSHIRE BANK PLC (1)
15 years from 20/06/2000 on a full repairing and insuring lease
£14,500
20/06/2010 outstanding (2) (20/06/2015)
Totals
315.4 sq m (3,395 sq ft)
£14,500
(1)Yorkshire Bank plc has 188 retail branches trading in the UK and is a subsidiary of National Australia Bank Limited which in turn is a subsidiary of National Australia Group Europe Limited. (2)As to the outstanding 20th June 2010 rent review, the seller served Notice proposing a new rent of 24,000 per annum exclusive.
