20 Market Place Dewsbury West Yorkshire WF13 1DF

20 Market Place
Dewsbury
West Yorkshire
WF13 1DF

Freehold Bank Investment

Entirely let to Lloyds Bank plc on a renewed 10 year lease until 2022 (subject to option)
Re-based rent
Prominent town centre location
Nearby occupiers include Specsavers, William Hill, Peacocks, JD Wetherspoon, NatWest and Santander

Lot
68
Auction
23rd October 2014
Rent
£27,500 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Freehold Bank Investment

Entirely let to Lloyds Bank plc on a renewed 10 year lease until 2022 (subject to option)
Re-based rent
Prominent town centre location
Nearby occupiers include Specsavers, William Hill, Peacocks, JD Wetherspoon, NatWest and Santander

Lot 68
Auction 23rd October 2014
Rent £27,500 per Annum Exclusive
Status Withdrawn Post
Price
Sector
Bank
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 9 miles south-west of Leeds; 10 miles south-east of Bradford
Roads: A638, A644, M1 (junction 40), M62 (junction 25)
Rail: Dewsbury Railway Station
Air: Leeds Bradford Airport

Situation

The property is prominently situated in the heart of the town centre on the west side of Market Place, Dewsbury’s principal pedestrianised retailing thoroughfare. Nearby occupiers include Specsavers, William Hill, Peacocks, JD Wetherspoon, NatWest, HSBC and Santander banks.

Tenure

Freehold.

Location

Miles: 9 miles south-west of Leeds; 10 miles south-east of Bradford
Roads: A638, A644, M1 (junction 40), M62 (junction 25)
Rail: Dewsbury Railway Station
Air: Leeds Bradford Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor banking hall with office accommodation on the first floor and ancillary accommodation in the basement, mezzanine and second floor.

VAT

VAT is not applicable to this lot.

Viewings

There will only be one block viewing for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Will Moore. Tel: +44 (0)20 7034 4858.

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 office accommodation on the first floor and ancillary accommodation in the basement, mezzanine and second floor.

VAT

VAT is not applicable to this lot.

Viewings

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 Basement Mezzanine First Second	Banking Hall/Ancillary Ancillary Ancillary Office Ancillary	140.28 sq m 110.09 sq m 23.78 sq m 121.05 sq m 159.04 sq m	(1,510 sq ft) (1,185 sq ft) (256 sq ft) (1,303 sq ft) (1,712 sq ft)	LLOYDS BANK PLC (1)	10 years from 24/02/2012 until 2022 on a full repairing and insuring lease (2)	£27,500	24/02/2017
Totals		554.24 sq m	(5,966 sq ft)			£27,500

(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 22/09/2014)
(2)The lease provides for a tenant option to determine on 23rd February 2017.