4/5 Bulkeley Terrace, Beaumaris, Anglesey LL58 8AU

4/5 Bulkeley Terrace,
Beaumaris,
Anglesey
LL58 8AU

Freehold Bank/Retail & Residential Ground Rent Investment

  • Majority let to The Royal Bank Of Scotland PLC until 2026
  • Upper floors let to residential tenant on a long lease
  • Historic and picturesque coastal town on the Isle of Angelsey
  • Close to Beaumaris Pier & Beach
  • VAT-free investment
  • Lot
    2
  • Auction
    17th February 2022
  • Rent
    £13,538 per Annum
  • Status
    Sold Prior
  • Price
     
  • Sector
    Bank
  • Auction Venue
    Live Streamed Auction
Important Update
  • Expand
  • Photos
  • Map

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

Freehold Bank/Retail & Residential Ground Rent Investment

  • Majority let to The Royal Bank Of Scotland PLC until 2026
  • Upper floors let to residential tenant on a long lease
  • Historic and picturesque coastal town on the Isle of Angelsey
  • Close to Beaumaris Pier & Beach
  • VAT-free investment
  • Lot 2
  • Auction 17th February 2022
  • Rent
  • Status Sold Prior
  • Price  
  • Sector
    Bank
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
5 miles east of the Menai Bridge, 7 miles north-east of Bangor
Roads
A545, A55
Air
Anglesey Airport
Situation

Beaumaris is an historic seaside town located on the east coast of the Isle of Anglesey - famous for its castle, architecture, seafront and pier. The property is situated in a prime location on Bulkeley Terrace, in the heart of the town centre and a very short walk to Beaumaris Pier & Beach.

Tenure

Freehold.

Location
Miles
5 miles east of the Menai Bridge, 7 miles north-east of Bangor
Roads
A545, A55
Air
Anglesey Airport
Situation

Beaumaris is an historic seaside town located on the east coast of the Isle of Anglesey - famous for its castle, architecture, seafront and pier. The property is situated in a prime location on Bulkeley Terrace, in the heart of the town centre and a very short walk to Beaumaris Pier & Beach.

Tenure

Freehold.

Description

The property comprises a shop (former bank) arranged on the ground floor & basement and separately accessed residential accommodation on the first and second floors.

VAT

VAT is not applicable to this lot.

Note

Please note the buyer will pay 2% plus VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

Completion Period

6 weeks completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a shop (former bank) arranged on the ground floor & basement and separately accessed residential accommodation on the first and second floors.

VAT

VAT is not applicable to this lot.

Note

Please note the buyer will pay 2% plus VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

Completion Period

6 weeks completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Ground/Basement Retail/Ancillary
149.95 sq m
(1,614 sq ft)
THE ROYAL BANK OF SCOTLAND PLC (1) Approx. 21 Years from 09/06/2005 to 23/06/2026 (2)
£13,437.50
24/06/2025
First and Second Residential
-
-
BANK HOUSE BEAUMARIS LIMITED 125 Years from 13/03/2008 to 21/03/2133
£100 (rising)
2033
Total  
149.95 sq m
(1,614 sq ft)
   
£13,537.50
 

(1) For the year to 31/12/2020 Royal Bank of Scotland PLC reported a turnover of £7,773,000,000 , a pre tax profit of £913,000,000 and a net worth of £12,831,000,000 (Source: NorthRow 06/01/2022)
(2) The property has been sublet (t/a Jollys Coffee House & Patisserie) on a term expiring on 23/03/2026

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

  • Brochure
    Updated Date
    28.01.22
    File Size
    4 MB
    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
Edward MartinEdward Martin +44 (0)20 7034 4854 +44 (0)7478 673 535edward.martin@acuitus.co.uk
Seller's Solicitors
Structadene Group 9 White Lion Street
London
N1 9PD
James Thomson 0207 843 9196james.t@pearl-coutts.co.uk

Useful Links

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

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