54 North Street Keighley West Yorkshire BD21 3SJ

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
    9th July 2020
  • Rent
    £30,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £300,000
  • Sector
    Bank
  • Auction Venue
    Live Streamed Auction
Important Update
  • Expand
  • Photos
  • Map

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

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 9th July 2020
  • Rent
  • Status Sold
  • Price £300,000
  • Sector
    Bank
  • Auction Venue
    Live Streamed Auction

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.

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.

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

Floor Use Floor Areas
(Approx)
Tenant Term Rent p.a.x Review
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
£30,000 24/06/2024
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 £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • 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
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
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

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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