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
    24/Oct/2019
  • Rent
    £41,000 per Annum Exclusive
  • Status
    Available
  • Price*
    £430,000
  • Sector
    Bank
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
Important Auction & Property Update
  • 148 Bradfield Road<br>Hillsborough<br>Sheffield<br>South Yorkshire<br>S6 2BQ
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* More information on the term "price" can be found here

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.

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

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReview
GroundBanking Hall/
Ancillary
392.70 sq m
(4,227 sq ft)
LLOYDS BANK
PLC (1)
10 years from
10/09/2014 until
09/09/2024
£40,00010/09/2019
(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).

Property Documents

  • Solicitors Legal Pack
    Updated Date
    17.10.19
    File Size
    10 MB
    Login to View
  • Catalogue Page
    Updated Date
    02.10.19
    File Size
    540 KB
    View PDF
  • Site Plan
    Updated Date
    02.10.19
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    19.09.19
    File Size
    150 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    19.09.19
    File Size
    36 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
Seller's Solicitors
Bude Nathan Iwanier 1 - 2 Temple Fortune Parade
London
NW11 0QN
0208 458 5065
Booky Dubiner 0208 458 5656bd@bnilaw.co.uk

Useful Links

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