148 Bradfield Road Hillsborough Sheffield South Yorkshire S6 2BQ
148 Bradfield Road Hillsborough Sheffield South Yorkshire S6 2BQ
Prominent Freehold Bank Investment
Predominantly let to Lloyds Bank Plc
Lloyds Bank in occupation for over 30 years
September 2019 tenant break option not exercised
2019 Rent Review not yet activated
Includes site with vacant possession
Town centre location with nearby retailers including Boots the Chemist, Greggs, Holland & Barrett, Wilko, Farmfoods, JD Wetherspoon, Specsavers and Superdrug
Lot 16
Auction 24th October 2019
Rent £41,000 per Annum Exclusive
Status Withdrawn Post
Price
Auction Venue The Montcalm Hotel 2 Wallenberg Place London W1H 7TN
Town centre location with nearby retailers including Boots the Chemist, Greggs, Holland & Barrett, Wilko, Farmfoods, JD Wetherspoon, Specsavers and Superdrug
Lot 16
Auction 24th October 2019
Rent £41,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector Bank
Auction Venue The Montcalm Hotel 2 Wallenberg Place London W1H 7TN
Property Information
Location
Miles
2 miles north-west of Sheffield city centre
Roads
A61 (Penistone Road), A630, M1
Rail
Hillsborough Train Station
Air
Doncaster Sheffield Airport
Situation
The property is located in Hillsborough, two miles north-west of Sheffield city centre, on the north side of the busy Bradfield Road, close to its junction with Hawksley Avenue. The property is almost adjacent to The Hillsborough Centre, Hillsborough's main retailing facility with occupiers including Boots the Chemist, Greggs and Holland & Barrett. Other nearby occupiers include Wilko, Farmfoods, JD Wetherspoon, Specsavers and Superdrug.
Tenure
Freehold.
Location
Miles
2 miles north-west of Sheffield city centre
Roads
A61 (Penistone Road), A630, M1
Rail
Hillsborough Train Station
Air
Doncaster Sheffield Airport
Situation
The property is located in Hillsborough, two miles north-west of Sheffield city centre, on the north side of the busy Bradfield Road, close to its junction with Hawksley Avenue. The property is almost adjacent to The Hillsborough Centre, Hillsborough's main retailing facility with occupiers including Boots the Chemist, Greggs and Holland & Barrett. Other nearby occupiers include Wilko, Farmfoods, JD Wetherspoon, Specsavers and Superdrug.
Tenure
Freehold.
Description
The property comprises a large ground floor banking hall benefiting from an extensive frontage to Bradfield Road. There is parking to the rear of the property and Lloyds has the right to park two vehicles, but these spaces are not within either tenant's demise. Part of the ground floor fronting Bradfield Road along with the upper floors are let on a long lease.
VAT
VAT is applicable to this lot.
EPC
Available from the legal pack at acuitus.co.uk
Description
The property comprises a large ground floor banking hall benefiting from an extensive frontage to Bradfield Road. There is parking to the rear of the property and Lloyds has the right to park two vehicles, but these spaces are not within either tenant's demise. Part of the ground floor fronting Bradfield Road along with the upper floors are let on a long lease.
VAT
VAT is applicable to this lot.
EPC
Available from the legal pack at acuitus.co.uk
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review
Ground
Banking Hall/ Ancillary
392.70 sq m
(4,227 sq ft)
LLOYDS BANK PLC (1)
10 years from 10/09/2014 until 09/09/2024
£40,000
10/09/2019 (outstanding)
Part Ground First Second
Residential
-
(-)
J HOLMES INVESTMENT LIMITED
400 years from 03/10/2014
£1,000
Total
392.70 sq m
(4,227 sq ft)
£41,000
(1) For the year ending 31st December 2018, Lloyds Bank Plc reported pre-tax profits of £4,929,000,000 and a total net worth of £36,484,000,000 (Source: Experian Group 24/09/2019).
