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
