Freehold Bank Investment
Freehold Bank Investment
The property sits prominently on the western side of the pedestrianised High Street opposite Primark. Other nearby occupiers Greggs, Costa Coffee, Boots, Lloyds Bank and Nationwide.
Freehold.
The property sits prominently on the western side of the pedestrianised High Street opposite Primark. Other nearby occupiers Greggs, Costa Coffee, Boots, Lloyds Bank and Nationwide.
Freehold.
The property is a substantial double fronted retail building comprising banking hall accommodation on the ground floor with ancillary and office accommodation on the first floor and a plant room on the second floor. The property benefits for rear car parking and access from Purfleet Street.
VAT is applicable to this lot.
Six week completion
Band C see legal pack.X
The property is a substantial double fronted retail building comprising banking hall accommodation on the ground floor with ancillary and office accommodation on the first floor and a plant room on the second floor. The property benefits for rear car parking and access from Purfleet Street.
VAT is applicable to this lot.
Six week completion
Band C see legal pack.X
| Floor | Use | Floor Areas (Approx) |
Tenant | Term | Rent p.a.x | Review/ (Reversion) |
|
|---|---|---|---|---|---|---|---|
| Ground First Second |
Retail Office/Ancillary Plant Room |
353.70 sq m 337.52 sq m 45.10 sq m |
(3,807 sq ft) (3,633 sq ft) (458 sq ft) |
BARCLAYS BANK PLC (1) |
15 years from 04/04/2011 on a full repairing and insuring lease |
£152,000 | (03/04/2026) |
| Total Approximate Floor Area |
736.32 sq m |
(7,925 sq ft) (2) |
£152,000 | ||||
(1) For the year ending 31/12/2020 Barlcays Bank Plc reported a turnover of £20,382,000,000, a pre-tax profit of £3,075,000,000 and a net worth of £52,556,000,000 (NorthRow.com 04/10/2021)
(2) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk)
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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