54 North Street
Keighley
West Yorkshire
BD21 3SJ

Freehold Bank Investment

  • Let to Lloyds Bank Plc by way of recently extended lease
  • 10 year lease from June 2019 (subject to option)
  • Approximately 284.28 sq m (3,060 sq ft)
  • Prominent and busy corner location
  • Adjacent to Airedale Shopping Centre and opposite Barclays, NatWest and Yorkshire Banks
  • VAT-free Bank Investment
  • Lot
    2
  • Auction
    09/Jul/2020
  • Rent
    £30,000 per Annum Exclusive
  • Status
    Available
  • Price*
    £300,000
  • Sector
    Bank
  • Auction Venue
    Live Streamed Auction
Important Auction & Property Update
  • 54 North Street<br>Keighley<br>West Yorkshire<br>BD21 3SJ
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
11 miles north-west of Bradford
20 miles north-west of Leeds
26 miles south-west of Harrogate
Roads
A629, A650, M65
Rail
Keighley
Air
Leeds Bradford Airport
Situation

Keighley is a busy West Yorkshire town located 11 miles north-west of Bradford. The property is located in a prominent corner position on North Street, at its junction with Bow Street in the heart of the town centre. The property is located next to Airedale Shopping Centre with occupiers including Holland & Barrett, Farmfoods and Superdrug, and is located opposite other major banks including Barclays, NatWest and Yorkshire Banks.

Tenure

Freehold.

Description

The property comprises a three storey building, arranged as a ground floor banking hall with ancillary accommodation on the basement and first floors.

VAT

VAT is not applicable to this lot.

EPC

Available from the legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

FloorUseFloor Areas
(Approx)
TenantTermRent p.a.xReview
Ground

Basement
First
Banking Hall/
Ancillary
Ancillary
Ancillary
195.28 sq m

62.80 sq m
26.20 sq m
(2,102 sq ft)

(676 sq ft)
(282 sq ft)
LLOYDS BANK
PLC (1)
10 years from
24/06/2019 until
23/06/2029 (2) on a
full repairing and
insuring lease
£30,00024/06/2024
Total
284.28 sq m
(3,060 sq ft)
  £30,000 

(1) For the year ending 31st December 2018 Lloyds Bank Plc reported a pre-tax profit of 4,929,000,000 and shareholder funds of 40,280,000,000 (source: SmartSearch 03/06/2020).
(2) The lease is subject to a tenant option to determine on 23/06/2024.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    22.06.20
    File Size
    18 MB
    Login to View
  • Site Plan
    Updated Date
    22.06.20
    File Size
    593 KB
    View PDF
  • Catalogue Page
    Updated Date
    22.06.20
    File Size
    173 KB
    View PDF
  • Common Auction conditions
    Updated Date
    01.07.20
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    20.05.20
    File Size
    694 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 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
Fladgate LLP 16 Great Queen Street
London
WC2B 5DG
Zevi Prager +44 (0)20 3036 7316zprager@fladgate.com  Stephen Lewis 0203 036 7231slewis@fladgate.com

Useful Links

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