Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
7 miles south-west of Northallerton, 12 miles north of Ripon
Roads
A1, A684
Rail
Northallerton Railway Station
Air
Durham Tees International Airport
Situation
The property is situated in a prominent trading position on North End close to its junction with The Wynd in the centre of Bedale, an affluent and attractive North Yorkshire market town. Nearby occupiers include Co-operative Food, The Post Office, Tesco Express and several independent retailers.
Tenure
Freehold.
Location
Miles
7 miles south-west of Northallerton, 12 miles north of Ripon
Roads
A1, A684
Rail
Northallerton Railway Station
Air
Durham Tees International Airport
Situation
The property is situated in a prominent trading position on North End close to its junction with The Wynd in the centre of Bedale, an affluent and attractive North Yorkshire market town. Nearby occupiers include Co-operative Food, The Post Office, Tesco Express and several independent retailers.
Tenure
Freehold.
Description
The property comprises a ground floor banking hall with self-contained office accommodation on the first and second floors, accessed from the front of the property. The property benefits from a garage and garden to the rear.
Six Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is not applicable to this lot.
Viewings
There will be block viewings 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 self-contained office accommodation on the first and second floors, accessed from the front of the property. The property benefits from a garage and garden to the rear.
Six Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is not applicable to this lot.
Viewings
There will be block viewings 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.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review/(Reversion)
Ground
Banking Hall/Ancillary
196.48 sq m
(2,115 sq ft)
BARCLAYS BANK PLC (1)
20 years from 30/04/2007 (2)
£18,000
25/03/2016 (30/04/2027)
First Second
Office Office
69.67 sq m 79.42 sq m
(750 sq ft) (855 sq ft)
STREAMLINE ACCOUNTANTS LTD (t/a GMC Business Accountants) (3)
8 years from 01/05/2014
£14,000 rising to £16,000 in May 2016
30/04/2022
Rear Yard
Electricity Substation
–
(–)
NORTHERN ELECTRICITY
25 years from 01/01/1995
£200
(31/12/2019)
Totals
345.57 sq m
(3,720 sq ft)
£32,200
(1) For the year ending 31st December 2013, Barclays Bank plc reported pre-tax profits of £2,885,000,000 and a total net worth of £53,264,000,000. (Source: www.riskdisk.com 24/02/2015). (2)The lease is subject to a tenant only break option in May 2022. (3)GMC Accountants were established in 1994 and have been in occupation of this property since at least 2002.
