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
Pedestrianised town centre location adjacent to the Green Oaks Shopping Centre
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 66
Auction 7th July 2016
Rent £35,000 per Annum Exclusive
Status Sold
Price £422,000
Sector Bank
Auction Venue The Radisson Blu Portman Hotel 22 Portman Squafre London W1H 7BG
On behalf of Receivers CBRE
Property Information
Location
Miles
12 miles south-east of Liverpool
30 miles south-west of Manchester
Roads
A557, A561, M62, M57
Rail
Widnes Railway Station
Air
Liverpool John Lennon Airport
Situation
The property is situated on the east side of pedestrianised Albert Road, immediately adjacent to the Green Oaks Shopping Centre which houses retailers including Morrisons, T J Hughes, Argos, Holland & Barrett, Peacocks and Rymans. The Albert Square Shopping Centre is also close by housing retailers including WH Smith, Iceland, Poundworld, 99p Stores and Savers. Other nearby occupiers include Clarks, Thomson, B&M Bargains, Coral, Halifax and Santander Banks.
Tenure
Freehold.
Location
Miles
12 miles south-east of Liverpool
30 miles south-west of Manchester
Roads
A557, A561, M62, M57
Rail
Widnes Railway Station
Air
Liverpool John Lennon Airport
Situation
The property is situated on the east side of pedestrianised Albert Road, immediately adjacent to the Green Oaks Shopping Centre which houses retailers including Morrisons, T J Hughes, Argos, Holland & Barrett, Peacocks and Rymans. The Albert Square Shopping Centre is also close by housing retailers including WH Smith, Iceland, Poundworld, 99p Stores and Savers. Other nearby occupiers include Clarks, Thomson, B&M Bargains, Coral, Halifax and Santander Banks.
Tenure
Freehold.
Description
The property comprises a ground floor banking hall with ancillary accommodation on the first floor and basement.
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 28th June 2016 at 3pm. Interested parties must register their details with the Auctioneers by 25th 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 floor and basement.
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 28th June 2016 at 3pm. Interested parties must register their details with the Auctioneers by 25th 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 Basement First
Banking Hall/Ancillary Ancillary Ancillary
177.90 sq m 90.67 sq m 41.81 sq m
(1,915 sq ft) (976 sq ft) (450 sq ft)
CLYDESDALE BANK PLC (1) t/a Yorkshire Bank
10 years from 01/06/2016 on a full repairing and insuring lease (2)
£35,000
31/05/2021 (31/05/2026)
Totals
310.38 sq m
(3,341 sq ft)
£35,000
(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
