Freehold Bank Investment
Freehold Bank Investment
The property is prominently located in the town centre on the north side of Courtenay Street, 70 metres from the popular market square. Neighbouring occupiers include Iceland, HSBC, Barclays Bank, Carphone Warehouse and Boots.
Freehold.
The property is prominently located in the town centre on the north side of Courtenay Street, 70 metres from the popular market square. Neighbouring occupiers include Iceland, HSBC, Barclays Bank, Carphone Warehouse and Boots.
Freehold.
The property comprises ground floor banking hall accommodation with ancillary accommodation on the first and second floors. The tenant also occupies the adjacent two units which intercommunicate with the property.
VAT is not applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises ground floor banking hall accommodation with ancillary accommodation on the first and second floors. The tenant also occupies the adjacent two units which intercommunicate with the property.
VAT is not applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reversion | |
|---|---|---|---|---|---|---|---|
| Ground First Second |
Banking Hall Ancillary Ancillary |
54.14 sq m 28.02 sq m 17.25 sq m |
(582 sq ft) (302 sq ft) (186 sq ft) |
BANK OF SCOTLAND PLC (1) t/a Halifax |
10 years from 10/12/2012 on a full repairing and insuring lease |
£25,000 | 09/12/2022 |
| Total |
99.41 sq m |
(1,070 sq ft) |
£25,000 | ||||
(1) For the year ending 31st December 2017, Bank of Scotland Plc reported pre-tax profits of £2,804,000,000, and a net worth of £13,083,000,000 (Source: Experian Group 07/06/2018).
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