Barclays Bank 86 to 90 Dalton Road Barrow in Furness Cumbria LA14 1JH

Barclays Bank
86 to 90 Dalton Road
Barrow in Furness
Cumbria
LA14 1JH

  • Barclays Bank<br>86 to 90 Dalton Road<br>Barrow in Furness<br>Cumbria<br>LA14 1JH

Freehold Bank Investment

  • Entirely Let to Barclays Bank PLC
  • May 2020 Tenant Break Option NOT Exercised
  • Prominent Corner Position in Pedestrianised Town Centre Location
  • Neighbouring Occupiers Include Home Bargains, Natwest, Greggs and McDonalds and The Works.
  • Lot
    34
  • Auction
    17/Feb/2022
  • Rent
    £31,500 per Annum Exclusive
  • Status
    Sold
  • Price*
    £349,000
  • Sector
    Bank
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

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

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 £1,250+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
    2 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
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Simpson Jones Solicitors 2 Stuart St
Derby
DE1 2EQ
Joanne Jones 01332 200 200joannej@simpsonjones.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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