Lloyds Bank 2 High Street Great Bookham KT23 4AF

Lloyds Bank
2 High Street
Great Bookham
KT23 4AF

Freehold Bank Investment

Entirely let to Lloyds Bank plc on a renewed 10 year lease until 2022 (subject to option)
Attractive building in prominent corner position
Includes an additional sublet retail unit and two bedroom flat
Nearby occupiers include Boots the Chemist, The Co-operative Food and William Hill

Lot
1
Auction
22nd May 2014
Rent
£29,500 per Annum Exclusive
Status
Sold
Price
£565,000
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Interested?

Expand
Photos
Map

Freehold Bank Investment

Entirely let to Lloyds Bank plc on a renewed 10 year lease until 2022 (subject to option)
Attractive building in prominent corner position
Includes an additional sublet retail unit and two bedroom flat
Nearby occupiers include Boots the Chemist, The Co-operative Food and William Hill

Lot 1
Auction 22nd May 2014
Rent £29,500 per Annum Exclusive
Status Sold
Price £565,000
Sector
Bank
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 2 1/2 miles south-west of Leatherhead; 9 1/2 miles north-east of Guildford; 20 miles south-west of Central London
Roads: A246, A24, M25 (Junction 9)
Rail: Bookham Railway Station (approx 52 mins direct to London Waterloo)
Air: London Heathrow Airport, London Gatwick Airport

Situation

Great Bookham is located in the affluent commuter belt of Surrey some 20 miles south-west of Central London. The property is situated in a prominent corner position on the west side of the High Street, the principal retailing thoroughfare, at its junction with Lower Road and Church Road. Neighbouring occupiers include Boots the Chemist, The Co-operative Food and William Hill.

Tenure

Freehold.

Location

Miles: 2 1/2 miles south-west of Leatherhead; 9 1/2 miles north-east of Guildford; 20 miles south-west of Central London
Roads: A246, A24, M25 (Junction 9)
Rail: Bookham Railway Station (approx 52 mins direct to London Waterloo)
Air: London Heathrow Airport, London Gatwick Airport

Situation

Tenure

Freehold.

Description

The property, an attractive corner building, comprises a ground floor banking hall with ancillary accommodation on the first and second floors. In addition there is also a separate retail unit and two bedroom residential flat on the first floor which has been sublet. The property benefits from six car parking spaces.

VAT

VAT is not applicable to this lot.

Viewings

To be arranged by prior appointment. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Will Moore. Telephone: +44 (0)20 7034 4858.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is not applicable to this lot.

Viewings

To be arranged by prior appointment. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Will Moore. Telephone: +44 (0)20 7034 4858.

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
Ground Ground First First Second	Banking Hall Retail Ancillary 2 x Bedroom Flat Ancillary	118.87 sq m 27.34 sq m 61.46 sq m 51.87 sq m 45.46 sq m	(1,280 sq ft) (294 sq ft) (662 sq ft) (558 sq ft) (489 sq ft)	LLOYDS BANK PLC (1)	10 years from 24/06/2012 until 2022 on a full repairing and insuring lease (2)	£29,500	24/06/2017
Totals		305.00 sq m	(3,283 sq ft)			£29,500

(1) For the year ending 31/12/2013, Lloyds Bank plc reported pre-tax profits of £894,000,000 and a total net worth of £34,109,000,000. (Source: www.riskdisk.com 24/04/2014)
(2)The lease provides for a tenant option to determine the lease on 24th June 2017.