Yorkshire Bank, 10 Austhorpe Road Crossgates Leeds West Yorkshire LS15 8DL

  • Yorkshire Bank, 10 Austhorpe Road<br>Crossgates<br>Leeds<br>West Yorkshire<br>LS15 8DL

Yorkshire Bank, 10 Austhorpe Road
Crossgates
Leeds
West Yorkshire
LS15 8DL

Freehold Bank Investment

  • Entirely let to Clydesdale Bank Plc t/a Yorkshire Bank
  • 10 year lease renewal until 2026 (subject to option) at a re-based rent
  • Tenant in occupation since at least 1999
  • Close to the Crossgates Shopping Centre retailers including Superdrug, Tesco, Specsavers, Holland & Barrett and New Look
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    29
  • Auction
    7th July 2016
  • Rent
    £33,400 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of Receivers CBRE
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Freehold Bank Investment

  • Entirely let to Clydesdale Bank Plc t/a Yorkshire Bank
  • 10 year lease renewal until 2026 (subject to option) at a re-based rent
  • Tenant in occupation since at least 1999
  • Close to the Crossgates Shopping Centre retailers including Superdrug, Tesco, Specsavers, Holland & Barrett and New Look
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 29
  • Auction 7th July 2016
  • Rent £33,400 per Annum Exclusive
  • Status Sold Prior
  • Price  
  • Sector
    Bank
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of Receivers CBRE

Property Information

Location
Miles
4 miles north-east of Leeds town centre, 15 miles east of Bradford, 52 miles north-east of Manchester
Roads
A64, A120, M1 (junction 46)
Rail
Cross Gates Railway Station
Air
Leeds Bradford Airport
Situation

The property is situated in a prominent corner position on the south side of Austhorpe Road close to its junction with Station Road. The Crossgates Shopping Centre is located close by housing retailers including Superdrug, Tesco, Specsavers, Holland & Barrett, New Look, Poundworld and Wilko. The property benefits from a public car park being located to the rear with parking for approximately 60 cars.

Tenure

Freehold.

Location
Miles
4 miles north-east of Leeds town centre, 15 miles east of Bradford, 52 miles north-east of Manchester
Roads
A64, A120, M1 (junction 46)
Rail
Cross Gates Railway Station
Air
Leeds Bradford Airport
Situation

The property is situated in a prominent corner position on the south side of Austhorpe Road close to its junction with Station Road. The Crossgates Shopping Centre is located close by housing retailers including Superdrug, Tesco, Specsavers, Holland & Barrett, New Look, Poundworld and Wilko. The property benefits from a public car park being located to the rear with parking for approximately 60 cars.

Tenure

Freehold.

Description

The property comprises a ground floor banking hall with ancillary accommodation on the first and second floors.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Viewings

There will be a single block viewing for this property on 29th June 2016 at 3.45pm. Interested parties must register their details with the Auctioneers before 26th June 2016 and provide identification on site.
Please contact Will Moore. Email: will.moore@acuitus.co.uk

Completion Period

Six Week Completion

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 ancillary accommodation on the first and second floors.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Viewings

There will be a single block viewing for this property on 29th June 2016 at 3.45pm. Interested parties must register their details with the Auctioneers before 26th June 2016 and provide identification on site.
Please contact Will Moore. Email: will.moore@acuitus.co.uk

Completion Period

Six Week Completion

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
First
Second 		Banking Hall/Ancillary
Ancillary
Ancillary
201.20 sq m
95.32 sq m
38.28 sq m
(2,162 sq ft)
(1,026 sq ft)
(412 sq ft)
 CLYDESDALE BANK
PLC (1)
t/a Yorkshire Bank		 10 years from 06/06/2016 on a full
repairing and insuring lease (2)		 £33,400 05/06/2021
(05/06/2026)
Totals  
334.80 sq m
(3,604 sq ft)
     £33,400

(1) Founded in Glasgow in 1838, Clydesdale Bank plc is one of the largest banks in Scotland. Yorkshire Bank is a trading name of Clydesdale Bank plc and joined the Group in 1990, operating from over 150 branches and 22 business and private banking centres in the UK (Source: www.cybg.com).
(2) The lease provides for a tenant option to determine on 5th June 2021.

Contacts

Seller's Solicitors
Walker Morris LLP Kings Court, 12 King Street
Leeds
LS1 2HL
Andrew Maclean 0113 399 1702andrew.maclean@walkermorris.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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