Ground and part first floor let to Royal Bank of Scotland Plc until 2025 (no breaks)
Minimum increase to £31,175 p.a.x. in 2020
Prominent pedestrianised town centre location
Adjacent to Eccles Shopping Centre and opposite the town’s bus station
Nearby occupiers include Morrisons, Wilko, Boots, Specsavers and Greggs
Lot 78
Auction 18th October 2018
Rent £29,000 per Annum Exclusive
Status Withdrawn Prior
Price
Sector Bank
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
4 miles west of Manchester city centre
Roads
M602, M60, M62
Rail
Eccles Railway Station
Air
Manchester Airport
Situation
The property is situated in a highly prominent position on pedestrianised Church Street, opposite the town’s busy bus station, a Morrisons supermarket and a large public car park. Additionally, the property benefits from being adjacent to Eccles Shopping Centre, which houses occupiers including Wilko, Boots, Specsavers, Greggs, Peacocks and Bonmarché.
Tenure
Freehold. Freehold and part Virtual Freehold. Part of the property is held on a 999 year lease from 26/08/1851 at a rent of £30 per annum.
Location
Miles
4 miles west of Manchester city centre
Roads
M602, M60, M62
Rail
Eccles Railway Station
Air
Manchester Airport
Situation
The property is situated in a highly prominent position on pedestrianised Church Street, opposite the town’s busy bus station, a Morrisons supermarket and a large public car park. Additionally, the property benefits from being adjacent to Eccles Shopping Centre, which houses occupiers including Wilko, Boots, Specsavers, Greggs, Peacocks and Bonmarché.
Tenure
Freehold. Freehold and part Virtual Freehold. Part of the property is held on a 999 year lease from 26/08/1851 at a rent of £30 per annum.
Description
The property comprises a ground floor banking hall with part first floor ancillary accommodation. Additionally, there is selfcontained residential accommodation on part first and second floors which has been let on a long lease.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
D
Description
The property comprises a ground floor banking hall with part first floor ancillary accommodation. Additionally, there is selfcontained residential accommodation on part first and second floors which has been let on a long lease.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
D
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review
Ground Part First
Banking Hall Office/Ancillary
222.30 sq m 49.30 sq m
(2,393 sq ft) (531 sq ft)
ROYAL BANK OF SCOTLAND PLC (1)
20 years from 09/06/2005 until 23/06/2025
£29,000
Minimum increase to £31,175 p.a.x. on 01/06/2020
Part First & Second
Residential
Not measured
SNAPCO 5 LIMITED
250 years from 26/05/2016 until 25/05/2266
Peppercorn
-
Total
271.60 sq m
(2,924 sq ft)
£29,000
(1) www.rbs.com N.B. The areas stated have been provided by the Valuation Office Agency (VOA).
Contacts
Seller's Solicitors
DWF LLP 5 St Paul's Square, Old Hall Street Liverpool L3 9AE
