Freehold Bank Investment
Freehold Bank Investment
The property occupies a prominent trading position close to the main pedestrianised retail area of the city. The railway station is close by and other nearby occupiers include McDonald's, Marks & Spencer and Starbucks.
Freehold.
The property occupies a prominent trading position close to the main pedestrianised retail area of the city. The railway station is close by and other nearby occupiers include McDonald's, Marks & Spencer and Starbucks.
Freehold.
The property consists of a ground floor retail unit, trading as a bank, with a basement and first and second floors.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property consists of a ground floor retail unit, trading as a bank, with a basement and first and second floors.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Unit | Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|---|
| Ground | Banking Hall | 96.15 sq m |
(1,035 sq ft) |
CO-OPERATIVE BANK PLC (1) (t/a Britannia) |
15 years from 25/03/2004 until 2019 | £25,000 | 25/03/2009 | |
| Basement | Ancillary | 40.87 sq m |
(440 sq ft |
|||||
| First | Office/Storage | 35.30 sq m |
(380 sq ft) |
|||||
| Second | Office/Storage | 33.91 sq m |
(365 sq ft) |
|||||
| Totals | 206.23 sq m |
(2,220 sq ft) |
£25,000 | |||||
(1) For the year ending 31st December 2010, Co-Operative Bank plc reported pre-tax profits of £48,900,000 and a total net worth of £1,995,800,000.
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