Entirely let to Barclays Bank plc for a term of 40 years expiring 2024
Town Centre location at the corner of pedestrianised Sankey Street and the entrance to Golden Square Shopping Centre
Nearby occupiers include Marks & Spencer, NatWest, Specsavers and Poundland
The tenant also occupies the adjacent property
Lot 26
Auction 13th February 2014
Rent £30,000 per Annum Exclusive
Status Sold
Price £360,000
Sector Bank
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
On behalf of The Co-operative Estates
Property Information
Situation
The property is situated on the eastern side of Cairo Street close to its junction with Sankey Street, Warrington’s principal retail thoroughfare. The property benefits from being situated opposite the entrance to the Golden Square Shopping Centre and from
nearby occupiers including Marks & Spencer, NatWest, Specsavers and Poundland.
Tenure
Freehold. Miles: 17 miles west of Manchester, 18 miles east of Liverpool
Roads: M6 (Junction 21), M56 (Junction 10), M62 (Junction 9)
Rail: Warrington Central
Air: Manchester International Airport
Situation
The property is situated on the eastern side of Cairo Street close to its junction with Sankey Street, Warrington’s principal retail thoroughfare. The property benefits from being situated opposite the entrance to the Golden Square Shopping Centre and from
nearby occupiers including Marks & Spencer, NatWest, Specsavers and Poundland.
Tenure
Freehold. Miles: 17 miles west of Manchester, 18 miles east of Liverpool
Roads: M6 (Junction 21), M56 (Junction 10), M62 (Junction 9)
Rail: Warrington Central
Air: Manchester International Airport
VAT
VAT is applicable to this lot.
Viewings
There will only be one viewing date. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises an attractive period building which interconnects with the adjacent property also occupied by the tenant. The ground floor comprises a banking hall and office area with ancillary office accommodation on first and second floors.
VAT
VAT is applicable to this lot.
Viewings
There will only be one viewing date. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas.
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
Reviews
Ground First Second
Retail/Ancillary Office Office
119.10 sq m 126.25 sq m 116.50 sq m
(1,282 sq ft) (1,359 sq ft) (1,254 sq ft)
BARCLAYS BANK PLC (1)
40 years from 25/12/1984 until 2024 on a full repairing and insuring lease
£30,000
25/12/2014 25/12/2019
Totals
361.85 sq m
(3,895 sq ft)
£30,000
(1) For the year ending 31st December 2012, Barclays Bank plc reported a pre-tax profit of £99,000,000 and a net worth of £52,063,000,000. (Source: www.riskdisk.com 15/01/2014)
Contacts
Seller's Solicitors
Hill Dickinson No 1, St Pauls Square Liverpool L3 9ST
