59/61 Station Road
Cross Gates
West Yorkshire
LS15 8DT

Freehold Bank on a New 5 year lease & Retail Investment

  • Prominent Bank & Retail unit
  • Part let to Santander UK PLC on a new 5 year lease (NO Breaks)
  • Bank lease renewal from 25th December 2020
  • VAT-free Investment
  • Lot
  • Auction
  • Rent
    £36,200 per Annum Exclusive
  • Status
  • Price*
  • Sector
  • Auction Venue
    Live Streamed Auction
  • On Instructions of a Major Property Company
Important Update
  • 59/61 Station Road, Cross Gates, Leeds, West Yorkshire, LS15 8DT
  • Expand
  • Photos
  • Map

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

Property Information

4 miles east of Leeds city centre
10 miles southwest of Wetherby
A6120, A64, M1
Leeds Railway
Leeds Bradford Airport

Cross Gates is a predomiately residential suburb, 4 miles east of Leeds City Centre, 10 miles south of Wetherby and 2 miles north of the M1. The property is located in the town centre on Station Road close to its junction with Cross Gates Road and near to Cross Gates Shopping centre. Occupiers nearby include NatWest, Lloyds and a number of local retailers.




The property comprises two units, a ground floor bank with first floor ancillary accommodation together with a ground floor shop. The property benefits from a rear yard.


VAT is not applicable to this lot.


The property may benefit from future redevelopment for a variety of uses, subject to all necessary consents/permissions and current tenancy. Interested Parties are referred to www.leeds.gov.uk


There will be no internal viewings of the property due to Covid-19.

Completion Period

Six Week Completion


See legal pack at www.acuitus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas
TenantTermRent p.a.xReversion
No.61. Ground
No.61. First
93.51 sq m
108.75 sq m
(1,006 sq ft)
(1,170 sq ft)
PLC (1) (2)
5 years from
No.59. GroundRetail
61.90 sq m
(665 sq ft)
Clearance Outlet
Tenancy at Will£14,000 
264.16 sq m
(2,843 sq ft)

(1) For the year ending 31st December 2019, Santander UK PLC reported a turnover of £7,224,000,000, a pre-tax profit of £1,012,000,000 and shareholders funds of £15,857,000,000 (Source: NorthRow 19/01/2021).
(2) Please note this branch is on Santander's bank closure list announced on 26 March 2021.

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

  • Catalogue Page
    Updated Date
    File Size
    888 KB
    View PDF
  • Site Plan
    Updated Date
    File Size
    778 KB
    View PDF
  • Common Auction conditions
    Updated Date
    File Size
    168 KB
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  • Memorandum of Sale
    Updated Date
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    File Size
    1,016 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    File Size
    585 KB
    View PDF


Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860 +44 (0)7513 610 710george.goucher@acuitus.co.uk
Seller's Solicitors
Addleshaw Goddard LLP One St Peter's Square
M2 3DE
Dan Vincent 0161 934 6291dan.vincent@addleshawgoddard.com

Useful Links

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