Entirely let to Clydesdale Bank Plc t/a Yorkshire Bank
10 year lease renewal until 2026 (subject to option)
Tenant in occupation since at least 1999
Pedestrianised city centre location close to both Trinity Walk and the Ridings Shopping Centres
Grade II Listed
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 63
Auction 7th July 2016
Rent £90,750 per Annum Exclusive
Status Sold
Price £900,000
Sector Bank
Auction Venue The Radisson Blu Portman Hotel 22 Portman Squafre London W1H 7BG
On behalf of Receivers CBRE
Property Information
Location
Miles
6 miles east of Dewsbury
9 miles south of Leeds
Roads
A638, A642, M1, M62
Rail
Wakefield Westgate Railway Station
Wakefield Kirkgate Railway Station
Air
Leeds Bradford Airport
Situation
The property is situated in a prominent corner position on the east side of pedestrianised Northgate at its junction with Westmoreland Street, in the heart of the city centre. The property is located close to Trinity Walk Shopping Centre housing retailers including Debenhams, Next, H&M, Topshop/Topman and also the Ridings Shopping Centre which houses retailers including Marks & Spencer, Primark and Boots the Chemist. Other nearby occupiers include Tony & Guy, Costa, Waterstones and Thomas Cook.
Tenure
Freehold.
Location
Miles
6 miles east of Dewsbury
9 miles south of Leeds
Roads
A638, A642, M1, M62
Rail
Wakefield Westgate Railway Station
Wakefield Kirkgate Railway Station
Air
Leeds Bradford Airport
Situation
The property is situated in a prominent corner position on the east side of pedestrianised Northgate at its junction with Westmoreland Street, in the heart of the city centre. The property is located close to Trinity Walk Shopping Centre housing retailers including Debenhams, Next, H&M, Topshop/Topman and also the Ridings Shopping Centre which houses retailers including Marks & Spencer, Primark and Boots the Chemist. Other nearby occupiers include Tony & Guy, Costa, Waterstones and Thomas Cook.
Tenure
Freehold.
Description
The property comprises a ground floor banking hall with office and ancillary accommodation on the first floor and additional ancillary accommodation on the second floor and basement. The property benefits from frontages to both Northgate and Westmorland Street.
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 30th June 2016 at 11am. Interested parties must register their details with the Auctioneers by 27th 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 office and ancillary accommodation on the first floor and additional ancillary accommodation on the second floor and basement. The property benefits from frontages to both Northgate and Westmorland Street.
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 30th June 2016 at 11am. Interested parties must register their details with the Auctioneers by 27th 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.
10 years from 01/06/2016 on a full repairing and insuring lease (2)
£90,750
31/05/2021 (31/05/2026)
Totals
609.02 sq m
(6,556 sq ft)
£90,750
(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 is subject to a tenant option to determine on 31st May 2021.
Contacts
Seller's Solicitors
Walker Morris LLP Kings Court, 12 King Street Leeds LS1 2HL
