91 Queen Street
Morley
Leeds
LS27 8EF

Freehold Bank Investment

  • Let to Santander Plc until 2023
  • Pedestrianised town centre location
  • Approximately 5 miles from Leeds City Centre
  • Neighbouring occupiers include Boots Pharmacy, Card Factory, Ladbrokes, Greggs and Morrisons
  • Lot
    70
  • Auction
    24/May/2018
  • Rent
    £33,500 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price*
     
  • Sector
    Bank
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Property Update
  • 91 Queen Street<br>Morley<br>Leeds<br>LS27  8EF
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Property Information

Location
Miles
5 miles south-west of Leeds city centre, 8 miles south-east of Bradford, 29 miles south-west of York
Roads
A643, M62 (Junction 27), M621 (Junction 27)
Rail
Morley Railway Station
Air
Leeds Bradford Airport
Situation

The property is prominently located in the town centre, on the east side of the pedestrianised Queen Street. Neighbouring occupiers include Boots Pharmacy, Card Factory, Ladbrokes, Greggs and Morrisons.

Tenure

Freehold.

Description

The property comprises banking accommodation on the ground floor and ancillary accommodation on the first floor.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReversion
Ground
First
Banking Hall
Ancillary
108.22 sq m
132.84 sq m
(1,165 sq ft)
(1,430 sq ft)
SANTANDER
PLC (1)
15 years from
30/06/2008 on a full
repairing and
insuring lease
£33,50029/06/2023
Total
241.06 sq m
(2,595 sq ft)
  £33,500 

(1) For the year ending 31st March 2017, Santander Plc reported a turnover of £1,222,000,000, a pre-tax profit of £1,817,000,000 and a total net worth of £14,311,000,000 (Source: Experian Group 20/4/2018).

Property Documents

  • Catalogue Page
    Updated Date
    02.05.18
    File Size
    975 KB
    View PDF
  • Site Plan
    Updated Date
    02.05.18
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    27.03.17
    File Size
    124 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Billy StruthBilly Struth +44(0)20 7034 4854billy.struth@acuitus.co.uk
Seller's Solicitors
MLP Solicitors LLP 7 Market Street
Altrincham
Cheshire
WA14 1QE
Richard Holmes 07341 663 230richardh@mlplaw.co.uk

Useful Links

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