Bank let to Barclays Bank Plc until 2026 (subject to option)
Substantial residential flat on first and second floors let on AST
Located in popular coastal town
Nearby occupiers include Boots, Coral, Peacocks and Tourist Information Centre
Lot 19
Auction 19th October 2017
Rent £23,700 per Annum Exclusive
Status Sold
Price £331,000
Sector Bank
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
30 miles west of Carmarthen, 60 miles north-west of Swansea
Roads
A40, A487
Rail
Fishguard Harbour Rail
Air
Cardiff Airport
Situation
Fishguard is a popular coastal town located adjacent to the Pembrokeshire Coast National Park and home to Fishguard Port, providing regular ferry crossings to Ireland. The property occupies a prominent position in the town centre on Market Square, which connects High Street and West Street. Nearby occupiers include Boots, Coral, Peacocks and the Tourist Information Centre.
Tenure
Freehold.
Location
Miles
30 miles west of Carmarthen, 60 miles north-west of Swansea
Roads
A40, A487
Rail
Fishguard Harbour Rail
Air
Cardiff Airport
Situation
Fishguard is a popular coastal town located adjacent to the Pembrokeshire Coast National Park and home to Fishguard Port, providing regular ferry crossings to Ireland. The property occupies a prominent position in the town centre on Market Square, which connects High Street and West Street. Nearby occupiers include Boots, Coral, Peacocks and the Tourist Information Centre.
Tenure
Freehold.
Description
The property comprises a ground floor banking hall with part first floor office accommodation and a self-contained maisonette on first and second floors comprising seven rooms, kitchen and bathroom. The residential flat is accessed via a dedicated entrance to the side of the property.
VAT
VAT is not applicable to this lot.
Viewings
There will be a block viewing for this property. Interested parties must register their details with the Auctioneers and provide identification on site.
Please contact Georgina Roberts.
Telephone +44 (0)20 7034 4863
Email: georgina.roberts@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 part first floor office accommodation and a self-contained maisonette on first and second floors comprising seven rooms, kitchen and bathroom. The residential flat is accessed via a dedicated entrance to the side of the property.
VAT
VAT is not applicable to this lot.
Viewings
There will be a block viewing for this property. Interested parties must register their details with the Auctioneers and provide identification on site.
Please contact Georgina Roberts.
Telephone +44 (0)20 7034 4863
Email: georgina.roberts@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
Ground First
Banking Hall Office/Ancillary
195.09 sq m
(2,100 sq ft)
BARCLAYS BANK PLC (1)
20 years from 21/12/2006 until 21/12/2026 (2)
£19,200
21/12/2021
First & Second
Residential
Two Bed Flat
INDIVIDUAL
6 month AST from 20/03/2014
£4,500 (3)
Holding over
Total
195.09 sq m
(2,100 sq ft)
£23,700
(1) Barclays Bank Plc operates in over 40 countries, with over 130,000 employees worldwide (Source: www.home.barclays.com 14/08/2017). For the year ending 31st December 2016, Barclays Bank Plc reported pre-tax profits of £4,383,000,000 and a total net worth of £60,085,000,000 (Source: Experian Group: 21/12/2016). (2) The lease provides an option to determine on 21/12/2021. (3) The rent has been annualised.
