Prominent Corner Position in Pedestrianised Town Centre Location
Neighbouring Occupiers Include Home Bargains, Natwest, Greggs and McDonalds and The Works.
Lot 34
Auction 17th February 2022
Rent £31,500 per Annum Exclusive
Status Sold
Price £349,000
Sector Bank
Auction Venue Live Streamed Auction
Property Information
Location
Miles
32 miles north of Preston, 55 miles south of Carlisle, 17 miles north-west of Lancaster
Roads
A590, A595
Rail
Roose Train Station, Barrow-in-Furness Train Station
Air
Liverpool John Lennon Airport, Manchester Airport, Leeds Bradford Airport
Situation
Barrow-in-Furness ia an historic port town situated some 10 miles south of the Lake District National Park. The town is home to major commercial employers such as BAE Systems. The town has a rich naval history, with ship building cranes dominating the skyline since Victorian industry moved from steel to ship production. It’s now the base for building the UK’s next generation of nuclear submarines, with new logistics and training facilities
The property is situated on the eastern side of the pedestrianised Dalton Road, the town's main retail thoroughfare. Neighbouring ccupiers include Sports Direct, Nat west, Home Bargains, Greggs and McDonalds.
Tenure
Freehold.
Location
Miles
32 miles north of Preston, 55 miles south of Carlisle, 17 miles north-west of Lancaster
Roads
A590, A595
Rail
Roose Train Station, Barrow-in-Furness Train Station
Air
Liverpool John Lennon Airport, Manchester Airport, Leeds Bradford Airport
Situation
Barrow-in-Furness ia an historic port town situated some 10 miles south of the Lake District National Park. The town is home to major commercial employers such as BAE Systems. The town has a rich naval history, with ship building cranes dominating the skyline since Victorian industry moved from steel to ship production. It’s now the base for building the UK’s next generation of nuclear submarines, with new logistics and training facilities
The property is situated on the eastern side of the pedestrianised Dalton Road, the town's main retail thoroughfare. Neighbouring ccupiers include Sports Direct, Nat west, Home Bargains, Greggs and McDonalds.
Tenure
Freehold.
Description
The property is a substantial modern end of terrace building and comprises ground floor banking accommodation and first floor ancillary.
VAT
VAT is applicable to this lot.
Completion Period
Six week completion
EPC
Band D
Description
The property is a substantial modern end of terrace building and comprises ground floor banking accommodation and first floor ancillary.
VAT
VAT is applicable to this lot.
Completion Period
Six week completion
EPC
Band D
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x.
Reversion
Ground First
Retail Office
133.00 sq m 151.10 sq m
(1,431 sq ft) (1,626 sq ft)
BARCLAYS BANK PLC (1)
10 years from 25/05/2015
£31,500
25/05/2025
Total Approximate Floor Area
284.1 sq m
(3,057 sq ft) (2)
£31,500
(1) For the year ending 31/12/2020 Barclays Bank PLC reported a turnover of £7,755,000,000, a pre-tax profit of £387,000,000 and a net worth of £13,500,000,000. (NorthRow 12/01/2022) (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.
