Freehold Bank Investment
Freehold Bank Investment
The property is situated in the vibrant town centre at the junction of Church Street and Colne Lane. Neighbouring occupiers include Abbey Bank, Dollond & Aitchison, Co-Op, Tesco Express and NatWest Bank.
Freehold.
The property is situated in the vibrant town centre at the junction of Church Street and Colne Lane. Neighbouring occupiers include Abbey Bank, Dollond & Aitchison, Co-Op, Tesco Express and NatWest Bank.
Freehold.
The property comprises a GROUND FLOOR BANKING HALL with OFFICE AND ANCILLARY ACCOMMODATION on the basement and first floor.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a GROUND FLOOR BANKING HALL with OFFICE AND ANCILLARY ACCOMMODATION on the basement and first floor.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Basement Basement Ground First |
Storage Strong Room Banking/Offices Storage/Staff |
54.6 sq m 15.8 sq m 135.0 sq m 86.2 sq m |
(588 sq ft) (170 sq ft) (1,453 sq ft) (928 sq ft) |
YORKSHIRE BANK PLC (1) |
15 years from 07/08/2000 on a full repairing and insuring lease |
£16,750 | 07/08/2010 (2) |
| Totals | 291.6 sq m |
(3,139 sq ft) |
£16,750 | ||||
(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. (www.ybonline.co.uk) (2)As to the imminent 7th August 2010 rent review, the seller has served a notice on the tenant proposing a new rent of 21,000 per annum exclusive.
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