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
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 82
Auction 7th July 2016
Rent £47,500 per Annum Exclusive
Status Sold
Price £482,000
Sector Bank
Auction Venue The Radisson Blu Portman Hotel 22 Portman Squafre London W1H 7BG
On behalf of Receivers CBRE
Property Information
Location
Miles
10 miles south-east of Leeds
20 miles south-west of York
Roads
M62, A1(M)
Rail
Castleford Railway Station
Air
Leeds Bradford Airport
Situation
The property is situated in the heart of the town centre on the south side of pedestrianised Carlton Street, the towns principal retailing thoroughfare. The Carlton Lanes Shopping Centre is close by housing retailers including Marks & Spencer, Boots the Chemist, Peacocks, JD Sports and New Look. Other nearby occupiers include Superdrug, Poundstretcher, Wilko, Halifax, Lloyds and HSBC banks.
Tenure
Freehold.
Location
Miles
10 miles south-east of Leeds
20 miles south-west of York
Roads
M62, A1(M)
Rail
Castleford Railway Station
Air
Leeds Bradford Airport
Situation
The property is situated in the heart of the town centre on the south side of pedestrianised Carlton Street, the towns principal retailing thoroughfare. The Carlton Lanes Shopping Centre is close by housing retailers including Marks & Spencer, Boots the Chemist, Peacocks, JD Sports and New Look. Other nearby occupiers include Superdrug, Poundstretcher, Wilko, Halifax, Lloyds and HSBC banks.
Tenure
Freehold.
Description
The property comprises a double fronted 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 30th June 2016 at 10.00am. 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 double fronted 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 30th June 2016 at 10.00am. 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.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review/(Reversion)
Ground First Second
Banking Hall/Anillcary Ancillary Ancillary
257.69 sq m 177.16 sq m 117.05 sq m
(2,774 sq ft) (1,907 sq ft) (1,260 sq ft)
CLYDESDALE BANK PLC (1) t/a Yorkshire Bank
10 years from 12/05/2016 on a full repairing and insuring lease (2)
£47,500
12/05/2021 (11/05/2026)
Totals
551.90 sq m
(5,941 sq ft)
£47,500
(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 12th May 2021.
Contacts
Seller's Solicitors
Walker Morris LLP Kings Court, 12 King Street Leeds LS1 2HL
